If you owe the IRS more back taxes, penalties, and interest than you can afford, what can you do?
Each year, thousands of taxpayers just like you are battling with how they can resolve their tax problems–it is not unusual for people with tax problems to feel paralyzed by fear and anxiety. The good news is it doesn’t necessarily have to be this way. You can choose to be proactive about
[Read More]

I’m proud to share that taxpayers across the nation have saved in excess of $52 million dollars in back taxes and IRS penalties since 1998 with the help of our team of expert tax attorneys, CPAs, and Certified Tax Resolution Specialists.
These tough economic times are resulting in more Americans than ever seeking tax relief and IRS help for tax bills they can’t afford to pay. Additionally, the IRS increasing enforcement
[Read More]

As much as you may fear the wrath of the IRS to levy back taxes and IRS penalties, the tax man is afraid of exposure too. In the audit battle, the IRS fears two things: 1) You hiring a tax attorney or Certified Tax Resolution Specialist, and 2) You learning these seven little secrets about reducing back taxes and IRS penalties.
With years of record deficits (and even more in the
[Read More]

I am excited to announce the kick-off of the Tax Resolution Services Tax Day Countdown Campaign with the Big Biz Show where I will be giving out free tax help tips to listeners every week from now until April 15th.
As the exclusive tax sponsor for the Big Biz Show Tax Countdown, Tax Resolution Services will be sharing tax tips with taxpayers like you so that you may resolve your tax
[Read More]

In a time when the government is desperate for revenue, it is very important for business owners to stay on top of their payroll taxes game to avoid IRS payroll tax problems.
For those who may not be familiar with payroll taxes, unpaid payroll taxes are considered “trust fund taxes” because the employer’s failure to pay payroll taxes is equated to holding the employee’s money in trust until a federal tax
[Read More]

Some taxpayers make the mistake of believing that if they can get away with tax evasion, then it’s worth the risk to save the money. However, as the IRS steps up its game to collect more taxes, it’s beginning to get more risky and less worthwhile to do so.
A common problem I hear from my clients is that they want to pay their taxes but don’t have enough money.  As
[Read More]

I am so excited about a new TV campaign we’re running! It’s designed to help more people in need of tax help know that they’re not alone. If you haven’t seen the TRS Files, check out the video below. We feature real life tax relief clients who are being targeted by the IRS - like Patrick G.  who had owed the IRS $94,000 and had an IRS lien on
[Read More]

Although there never was a “good” time to cheat on taxes, now is worse than ever for taxpayers and tax preparers to file fraudulent tax returns. With the IRS getting more funding and 800 more agents to collect taxes, taxpayers and CPAs who deliberately report fraudulent information on tax returns will be hit with severe IRS penalties.
If the IRS detects and proves beyond a reasonable doubt that fraudulence was deliberate,
[Read More]

With the new surge in IRS enforcements, you could find yourself in serious IRS trouble if your tax returns are falsified—even if you hired someone else to file your taxes for you. Be careful about signing your tax returns to ensure that you will not be audited and penalized for false returns prepared by someone else.
————————–
Question: I just received a letter from Maine Revenue Commission asking me to file amended
[Read More]

It can happen to any of us–you go through all the paperwork, fill in all the necessary information to the best of your abilities, and you drop the tax return in the mail. No sooner had you sent out your tax return did you remember that you forgot to add something from another W-2 or 1099. Now you have to file an amended tax return…
———–

Question: How do I go about
[Read More]

Check out our latest TRS IRS tax help newsletter for tax tips, IRS insider news, and income tax relief advice.
Many taxpayers who are in IRS trouble have found it difficult to be approved for IRS settlements such as the Offer in Compromise program. Historically, OIC application approval rates have remained under 25%. Recently, the IRS has updated the OIC application forms so that it is easier for applicants to understand.
[Read More]

If you deliberately evade taxes by underreporting your income, you cannot always blame your accountant for the discrepancy. Underreporting income to skimp paying taxes is criminal and the penalties can be financially debilitating depending on the amount you owe.
Recently, an individual was convicted for tax evasion because he did not provide sufficient proof that he was unaware of the discrepancy between his reported income and his actual income. CCH (http://tax.cchgroup.com)
[Read More]

In the current economy, tax problems can confound anyone–especially if your spouse suddenly lost his/her job or if you default on a loan.  I recently had the pleasure of sitting down with Drew on the Money, Riches, and Wealth Radio Show to answer tax problem questions from regular taxpayers who may not be able to afford tax lawyers. Read on for information regarding paying the government taxes you owe and
[Read More]

In an effort to more aggressively pursue tax evaders who hide assets in overseas accounts, the US Department of Justice, UBS AG (Swiss Bank), and the Swiss government are working together to reveal the identities of US depositors who use secret offshore accounts.
In order to aid Obama’s latest efforts to bring out tax cheats who take advantage of offshore tax havens, the government of Switzerland filed a brief in the
[Read More]

While Geithner has told Congress that there will be no income tax increases until 2011, his recent proposal to Congress requested additional funding for improved IRS collection operations and increased scrutiny of tax returns.
We’re already seeing the IRS cracking down on both small businessess and individuals with increased tax audits and aggressive collection tactics including bank levies.
Anyone who owes back taxes in this down economy will need to know how
[Read More]