Posts Tagged ‘Tax Tips’

Tax Resolution Tip On Avoiding Tax Audits

Saturday, April 2nd, 2011

Today’s Tax Resolution Tip:
The BIGGEST red flag that results in triggering a tax audit for yourself or your business is claiming false business expenses. Don’t do it!
Read about IRS tax audits and what you should be doing to avoid them. Visit our tax relief FAQ page for more tips on audits and the red flags to be wary of.
For a daily dose of tax relief tips, check out 365 Ways to
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Tax Resolution Tip On Filing Your 2010 Returns

Friday, April 1st, 2011

Today’s Tax Resolution Tip:
Brian Compton, fellow Tax Relief Professional suggests you familiarize yourself with the IRS website if you are getting ready to file those tax returns. With April 18th just around the corner, you can easily access guidance and answers to any questions you may have on filing your tax returns using this tool. While it’s April Fools today, this is no joke!
Here is an extra tip – you can
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Tax Resolution Tips for Tax Day 2011

Thursday, March 31st, 2011

Today’s Tax Resolution Tip:
Gearing up for tax day 2011? Check out these key tax tips I discussed  recently on the Big Biz Show:
Tax Tip #1: Get help now! Find out if you qualify for tax relief.
Tax Tip #2: Prove you can’t pay.
Tax Tip #3: If you qualify for an IRS payment plan – get one!
Visit our FAQ Page to find answers for your tax questions or check out our Facebook page, 365
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Tune In Wednesday 3/30 @ 1:10pm PST to Big Biz Show For Tax Tips on Your 2010 Return

Tuesday, March 29th, 2011

Tax day is fast approaching and if you are still getting your 2010 tax return in order, you don’t want to miss tomorrow’s Big Biz Show at 1:10pm PST on the top tax tips for your 2010 return.
To continue my weekly appearance on the Big Biz Show to share tax help tips with consumers, I will go over some important things you don’t want to leave out of your 2010
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Tax Resolution Tip On Claiming Dependents

Monday, March 28th, 2011

Today’s Tax Resolution Tip:
Check out this great post we came across from fellow tax blogger Kay Bell from Don’t Mess With Taxes:
By the Numbers: 5 tests a child must meet to be claimed as a tax dependent
1. Relationship
2. Age
3. Residency
4. Support
5. Joint Return
Don’t forget any and all tax dependents must be U.S. citizens, U.S. resident aliens, U.S. nationals or residents of Canada or Mexico (exceptions exist for certain adopted children).
Read the details
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Tax Resolution Tip for Avoiding Filing Problems

Sunday, March 27th, 2011

Today’s Tax Resolution Tip:
To avoid filing problems you must -
1) Be organized
2) Have knowledge
3) Have a budget and be a better money manager
It’s never a bad idea to see a professional to do a tax projection for year end. The rule of thumb is: accelerate deductions and defer income!
For more tax resolutions tips, check out our Facebook page, 365 Ways to Keep the IRS at Bay.
Tax Resolution Services, Co.,
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Tax Help News Round Up – Free Tax Help, Tax Filing Tips, Survive an Audit and More!

Friday, March 25th, 2011

Bringing you another edition of tax help news from the blog-o-sphere, including tax tips, tweets and everything tax! At Tax Resolution Services, Co. we like to keep up with what is going on in the tax world. Not only does this enable us to offer expert tax help, but we strive to educate consumers on current news and relevant tax content.
Check out some of the recent tax buzz we’ve Stumble(d)Upon upon
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Tax Client of the Month Saves Over $35,000 From The IRS Offer in Compromise

Friday, March 18th, 2011

Every month at Tax Resolution Services we choose a very special Tax Client Of The Month.  It’s our way of acknowledging good friends and saying “thanks” to those who support our tax relief business with referrals, word of mouth and repeat business.
This month’s Tax Client of the Month is Ms. Jennifer C.
Jennifer owed the IRS over $38K in back taxes when she sought our help.  After several months of negotiations, we were able to settle
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Tax Help on Big Biz Show For Consumers as IRS Audit Rate Reaches Highest Level in Past Decade

Wednesday, March 16th, 2011

Armed with a large federal budget and under pressure to close the whopping $345 billion tax deficit, the IRS has increased audits by 11% last year-targeting both consumers and business owners.
Last week I sat down on the Big Biz Show to continue the Tax Day Countdown and to share some top red flags that trigger IRS audits. So here are some things to watch out for:

Hire a professional. On average,
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Tax Help News Round Up – IRS Amnesty, New Lien Policies, Smart Tax Apps and More!

Saturday, March 12th, 2011

At Tax Resolution Services, Co. our business is not just helping consumers and business alike with expert tax help in settling their back taxes or various IRS troubles. Our team strives to educate consumers with timely posts, tweets and news from the tax world at large. This is why I am always on the lookout for useful news posts and relevant content from other tax pros out there.
Check out some
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Best Blogs to Get You Through Tax Season

Tuesday, March 8th, 2011

We are always honored to receive acknowledgement for the tax relief advice we make available to readers on this blog. That’s why we were so excited to make BSchool’s list of “50 Best Blogs to Get You Through Tax Season“!
Ranking under the headline of Personal Finance and Advice, the Tax Resolution Services blog is featured for its educational content that helps consumers deal with IRS problems and  regain their
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Tax Relief Expert Breaks Down Changes to IRS Lien Process For Struggling Consumers on Big Biz Show

Monday, March 7th, 2011

As I continue my weekly appearances on the Big Biz Show for the Tax Resolution Tax Day Countdown, I sat down last week for a chat about the latest IRS announcement to offer tax relief for struggling consumers by making changes to the lien process.
We’ve heard this before: the IRS is kinder and gentler by promising to speed up tax relief for homeowners who are looking to refinance (2008) and
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Tax Help News: 4 Swiss Bankers Charged with Tax Evasion Plot as IRS Cracks Down on Enforcement

Wednesday, March 2nd, 2011

There’s been a lot of talk lately about how the IRS is getting strong financial support from the Obama administration to step up enforcement efforts in order to close the $345 billion tax gap.
Recently, four Swiss bankers have been indicted by the U.S. government for plotting to help wealthy Americans to evade income taxes with the use of offshore bank accounts. According to Forbes, “the defendants were in a plot
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Offshore Tax Evasion Defense Expert Discusses Pros and Cons of Second IRS Offshore Voluntary Disclosure Initiative

Monday, February 28th, 2011

The IRS is giving foreign account holders another chance to get back into the system with their Limited Amnesty disclosure program to expire in August 2011.
Last time the IRS offered this amnesty program in 2009, some 15,000 consumers with undisclosed offshore accounts fessed up, paying the IRS a collective $400 million in revenue. Hoping for a repeat, the IRS is offering the limited amnesty program again this year to give
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Innovation for Driving Small Business Growth: BusinessNewsDaily Interview with Michael Rozbruch

Thursday, February 24th, 2011

I was recently interviewed by BusinessNewsDaily for their CEO Roundtable “How Do You Innovate?” and I enjoyed sharing my thoughts on how innovation plays a part in my business.
Small businesses rely on innovation – and by “innovation” it doesn’t necessarily mean technology. Whether in your office, on your laptop or Blackberry, or your day-to-day management, innovation is the wheel that drives a business forward. However, how this translates into the daily issues facing
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