Posts Tagged ‘Tax Tips’
Monday, June 10th, 2013
As a business owner, you are responsible for everything including recordkeeping – a task that small businesses sometimes don’t do very well. The IRS has released a very helpful recordkeeping FAQ webpage for small business and the self-employees that emphasizes the benefits of and reasons for good recordkeeping. Here are six practical FAQ’s the webpage highlights:
· Why should I keep records?
· What type of records should I keep?
· How long
Tags: certified tax resolution specialist, IRS business audit, IRS penalties, irs problems, IRS tax issues, IRS tax problems, tax evasion, tax professional, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Business Services, IRS tax audit, Payroll Tax Problems, Seeking Professional Tax Help, Small Business Taxation, Tax Evasion Advice, Tax Problem FAQs, Tax news and tips | No Comments »
Tuesday, June 4th, 2013
Tax scam emails that appear to be from the IRS run the gamut from almost believable to incredibly bad. Thanks to a Forbes article by Tax Girl Kelly Phillips Erb titled: “Phony Emails Purporting To Be From IRS Popping Up Again,” we have two fine examples of email scams that run the good and bad spectrum.
Email scam example #1 – really bad.
A few points mentioned in the article demonstrate how
Tags: Identity Theft, IRS Dirty Dozen Tax Scam and Schemes, IRS enforcement, phishing, Phishing Tax Scams, tax fraud, tax help, tax scam, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Identity Theft, Tax Problem FAQs, Tax Scams, Tax news and tips, tax help | No Comments »
Friday, May 31st, 2013
This was a short, yet busy week for tax relief news. Stories ranged from celebrity tax woes and prison sentences for tax evaders to tax tips and benefits for military personnel.
Actor Chris Tucker Pays Nearly $1 Million toward Tax Debt – Chris Tucker has been in the spotlight over the last few years, not so much for his talent but sadly, for his huge $12 million tax debt. A recent
Tags: Back Taxes, certified tax resolution specialist, Chris Tucker, Liens, military tax benefits, Offer in Compromise, tax attorney, tax debt, tax evasion, tax relief, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Back Taxes, Celebrity Tax Woes, Tax Evasion Advice, Tax Liens and Levies, Tax Relief News, Tax news and tips, income tax relief, tax resolution | No Comments »
Tuesday, May 28th, 2013
Memorial Day gives us a chance to honor military personnel for their service and sacrifice. It also allows tax professionals the opportunity to remind service members of the tax benefits they are entitled to. A recent article from Don’t Mess with Taxes titled,”Memorial Day 2013: Remembering those who gave all, offering some tax help for those still giving“ provides tax tips using the IRS Publication 3, Armed Forces Tax Guide. Here are
Tags: Back Taxes, certified tax resolution specialist, IRS penalties, IRS tax problems, tax attorney, tax help, tax relief, tax resolution expert, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Expert Help From Tax Attorney, Seeking Professional Tax Help, Tax news and tips, Taxpayer Rights, income tax relief, tax help, tax resolution | No Comments »
Friday, April 12th, 2013
Happy Friday! Countdown to tax day: 4 days
Last minute tax filers take note: the most common reasons for refund delays are because of preventable mistakes on the tax return. I thought information from this previous post and interview archive from the Midday Sunday Fox 11 with host Tony Valdez program could provide some help for those still scrambling to finish their tax returns. The trick to avoiding errors on your
Tags: Identity Theft, IRS audit, IRS tax issues, IRS tax problems, tax expert, tax problems, tax relief, tax resolution expert, Tax Resolution University, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, IRS tax audit, Tax Help Video, Tax Relief News, Tax news and tips, income tax relief, tax help, tax resolution | No Comments »
Friday, April 5th, 2013
Just ten days until April 15! On the run up to tax day, we do our best to provide tax relief tips for last minute taxpayers. The tax news topics covered this week include: the annual IRS Data Book release, the official release of the 2013 IRS Dirty Dozen List, a little tax relief humor at Uncle Sam’s expense, tips on filing and tax payments.
Tax Help Tips on Filing and
Tags: IRS enforcement, IRS payment plan, IRS tax problem, Michael Rozbruch, tax advice, tax debt, tax help, tax problems, tax relief, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Tax Help Video, Tax Relief News, Tax news and tips, income tax relief, tax help, tax resolution | No Comments »
Friday, March 29th, 2013
Reminder: 18 days left until Tax Day!
Here’s a review of the tax relief news covered this week. Featured topics include: IRS releases 2013 Dirty Dozen Tax Scam/Scheme List, businessmen guilty of tax evasion and filing false returns, IRS apologies for expensive Star Trek training video and hiring a tax professional versus tax preparation software.
IRS Releases 2013 Dirty Dozen Tax Scam-Scheme List – as well as a video to remind taxpayers
Tags: failing to file federal tax return, filing false federal tax return, Identity Theft, IRS dirty dozen list, IRS training video, star trek irs training video, tax attorney, tax evasion, tax help, tax problems, tax professional, tax relief, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, Identity Theft, Tax Evasion Advice, Tax Help Video, Tax Relief News, Tax news and tips, income tax relief, tax help | No Comments »
Monday, March 25th, 2013
Some of you may still be deciding whether to hire a tax professional or purchase tax preparation software. In this informative video, (one part of a series that came from my appearance on the Midday Sunday Fox 11 with host Tony Valdez program), I offer the following tax help tips:
When tax preparation software works
Know when it’s time to hire a tax professional
When it’s time to hire a tax resolution specialist
(Below
Tags: certified tax audit specialist, certified tax resolution specialist, Fox Business News, fox news, IRS audit, IRS tax help, Michael Rozbruch, Midday Sunday Fox 11 News with Tony Valdez, tax attorney, tax debt, tax expert, tax resolution expert, Tax Tips, tony valdez
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, IRS payment plan, Offers in Compromise, Seeking Professional Tax Help, Tax Help Video, Tax news and tips, tax help, tax resolution | No Comments »
Friday, March 1st, 2013
It’s Friday, and that means it’s time for a round-up of tax news we reported on this week. Here are some tax related stories that were particularly interesting:
Tax Help Tips
Eleven Tax Changes to Know before Filing
Now that tax season is here, I wanted to let people know that the recent changes to the tax code could affect their wallet! A Forbes article provided the eleven important changes that
Tags: frivolous claims, IRS problem solver, Michael Rozbruch, Payroll Tax Problems, tax help, tax identity fraud, tax relief, tax resolution services, Tax Tips, TaxMan
Posted in 365 Ways to Keep the IRS at Bay, Payroll Tax Problems, TAX MAN TV, Tax news and tips, Tuesday Tax Tunes from the Tax Man, income tax relief, tax help, tax resolution, tax resolution services | No Comments »
Monday, January 21st, 2013
If you are facing IRS tax issues, you may think your seemingly insurmountable IRS problems can never be resolved. But what you don’t realize is that others, often with similar situations and anxieties to yours, have successfully resolved theirs and are sharing their stories.
In a recent episode of the national network television show, TaxMan, I interviewed a former client and business owner, Stuart, who was blindsided by an IRS letter
Tags: certified tax resolution specialist, irs problems, IRS tax issues, Michael Rozbruch, payroll tax issues, tax attorney, tax resolution services, Tax Tips, TaxMan, Trust Fund Recovery
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, IRS Tax Cases, Seeking Professional Tax Help, TAX MAN TV, Tax Help Video, Tax news and tips, income tax relief, tax resolution, tax resolution services | No Comments »
Tuesday, December 18th, 2012
A Barron’s article titled Tax Refund Delays Could Trigger Recession reports on how the tax issue surrounding the delayed refunds could actually send our already weak economy into recession in 2013.
As I stated in a previous post, without a “patch” by Congress to the Alternative Minimum Tax (AMT), 33 million or 1 in 5 taxpayers will see their tax liabilities increase. The re-calculation of these tax liabilities means that the
Tags: alternative minimum tax, AMT, income tax relief, irs problems, IRS tax problems, tax attorney, tax expert, tax professional, tax refund, tax relief, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Expert Help From Tax Attorney, Tax Relief News, Tax news and tips, income tax relief, tax help, tax resolution | No Comments »
Friday, December 7th, 2012
The fiscal crisis has dominated this week’s news. Surprisingly absent in the current conversation is how going over the “fiscal cliff” will affect the Alternative Minimum Tax (AMT) and increase tax liabilities for tens of millions of Americans. A Newsmax Money News Article titled Alternative Minimum Tax May Play into Cliff Talks was one of very few articles to explain to ordinary taxpayers what it means if lawmakers don’t address
Tags: alternative minimum tax, AMT, fiscal cliff, irs problems, IRS tax problems, tax advice, tax professional, tax relief, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Ask the Expert, Seeking Professional Tax Help, Tax Relief News, Tax news and tips, income tax relief, tax help | No Comments »
Wednesday, October 31st, 2012
Lately, there have been weekly warnings coming from the IRS that caution taxpayers about tax scams or identity theft schemes. Because of their pervasive nature, I feel it’s important to mention each and every one so that taxpayers can stay alert and avoid becoming victims.
The latest announcement can be found on the IRS’s Problem Alerts Page where the following text is posted:
October 2012
Don’t Fall for Phony IRS Websites
The IRS warns
Tags: Identity Theft, IRS, IRS enforcement, irs problems, IRS tax problem, IRS tax scam, phishing, Phishing Tax Scams, tax scam, tax scheme, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, IRS help, Identity Theft, Tax Scams, Tax news and tips, tax help | No Comments »
Tuesday, October 30th, 2012
Recently laid-off employees who collected severance pay will want to understand their tax obligations to prevent any payroll tax problems from occurring. A recent Wall Street Journal article by Laura Saunders titled “When Severance Pay Is Subject to Payroll Tax” discusses two conflicting federal court rulings over whether severance pay should be subject to payroll taxes and if both employee and employer are entitled to claim a tax refund. For
Tags: back tax problems, delinquent payroll taxes, IRS debt, IRS payment plan, IRS tax help, IRS tax issue, Payroll Tax Problems, tax attorney, Tax Tips
Posted in Tax Problem FAQs | No Comments »
Wednesday, May 30th, 2012
The May 21st IRS announcement offering flexibility to the Offer in Compromise Program (OIC) is BIG NEWS as it could provide tax relief to many financially distressed taxpayers like never before. The erecent Forbes articles Are Tax Collectors the New Men in Black? and New IRS Offer in Compromise Policies discuss the IRS changes of two criteria: the financial analysis used to determine who qualifies for an Offer in Compromise
Tags: Back Taxes, certified tax resolution specialist, delinquent tax returns, income tax relief, IRS audit, IRS debt, IRS help, IRS payment plan, irs problems, irs relief, IRS tax problems, irs tax relief, Offer in Compromise, tax advice, tax attorney, tax attorneys, tax debt, tax help, tax problems, tax professional, tax relief, tax resolution, tax resolution expert, Tax Resolution University blog, tax settlement, Tax Tips
Posted in 365 Ways to Keep the IRS at Bay, Back Taxes, General Business, IRS Installment Agreements, IRS help, IRS payment plan, Offers in Compromise, Tax Debt Help News, Tax Relief News, Tax news and tips, Taxpayer Advocate, income tax relief, tax help, tax resolution, tax resolution services | No Comments »