Archive for July, 2010
« Previous EntriesTax Resolution Services, Co., Offer In Compromise Tax Settlement Saves Client $48,000
Friday, July 30th, 2010For those taxpayers that are seeking tax relief from back taxes owed to the IRS, there are several paths to pursue. The most appealing is probably the Offer in Compromise tax settlement program – a properly negotiated Offer in Compromise allows taxpayers to settle tax debts in full for less than the whole amount owed, [...]
Americans Can Discharge IRS Debt in Bankruptcy With Help From the Nation’s Leading Tax Relief Firm
Friday, July 30th, 2010A record number of Americans filed for bankruptcy protection last year. While bankruptcy may carry a stigma, it can also provide a fresh start free from creditors as well as IRS tax debt. Especially in the midst of an economic meltdown, such as the one we’ve been experiencing.
If you are a taxpayers who owes back taxes, [...]
Businesses in need of IRS Tax Relief as Worker Misclassification Audits Rise
Monday, July 26th, 2010As the IRS expands audits to 6,000 companies in an effort to capture lost tax revenue, professional tax help is becoming a necessity. Our tax resolution firm provides expert audit representation while helping businesses resolve potentially detrimental problems that arise from delinquent employment and payroll taxes.
Unpaid payroll taxes and delinquent employment taxes are detrimental to a businesses and [...]
Overcoming Nasty IRS Audits is Possible, Just Ask a Professional
Monday, July 26th, 2010As the IRS enforcement budget reaches unprecedented levels, more Americans than ever will be audited. Now more than ever, taxpayers threatened by IRS audits will need to know how to increase their chances of qualifying for tax relief.
In fiscal-year 2009, nearly 1.4 million Americans were audited, which equates to just over 1% of all tax [...]
IRS Tax Relief and Tax Resolution Services Are Vital as IRS Boost Audits
Friday, July 16th, 2010This year congress has increased the IRS’s enforcement budget to a record $5.5 billion! This means hundreds of new agents will be, and are already hired for IRS audits and investigations. In 2009, there were 1.425 million examinations of individual tax returns – the most seen all decade! The IRS also filed more than 3 [...]
Conquer IRS Back Taxes: Stop Procrastinating on Filing Tax Returns
Thursday, July 15th, 2010If you owe back taxes or have unfiled tax returns, you are not alone. There’s a solution to “back taxes terror” and “failure to file syndrome.” What tax procrastinators need to fear, is not the amount of back taxes owed, but fear itself. Understanding how to beat IRS back taxes terror and stop tax procrastination [...]
IRS Gets Tough, Closes Another Tax Evasion Chapter
Tuesday, July 13th, 2010With a historic deal on the brink of collapse, the Swiss parliament has approved the release of banking data to the Internal Revenue Service. After the deal almost fell apart, the Swiss parliament and Swiss bank UBS agree to provide data to the IRS, finally collapsing the world’s most famous tax shelter.
This deal, brokered in the [...]
IRS Offer in Compromise Could Save You Thousands of Dollars in Taxes, Interest and Penalties
Sunday, July 11th, 2010Good news for distressed taxpayers! Due to the current economic state, taxpayers worried about tax debt could see a higher IRS acceptance of Offer in Compromise submissions. Facing overwhelming tax debt, more Americans than ever are hoping to qualify for the IRS Offer in Compromise (OIC) program and save thousands of dollars in taxes, interest and penalties.
Every [...]
7 Secrets (the IRS Hopes You Never Learn) for Reducing Back Taxes and IRS Penalties
Monday, July 5th, 2010As much as taxpayers may fear the wrath of the IRS to levy back taxes and IRS penalties, you may be surprised to know the tax man fears exposure too. In the battle of audits, the IRS fears two things: 1) taxpayers hiring a tax attorney or Certified Tax Resolution Specialist and 2) taxpayers learning [...]
Tax Relief Tips: How to Resolve IRS Wage Garnishments, IRS Tax Liens and IRS Bank Levies
Sunday, July 4th, 2010The Internal Revenue Service is the most brutal collection agency on the planet. Once they have you in their sights, you can count on them hounding you with IRS wage garnishments, IRS bank levies and IRS tax liens till they feel your IRS back taxes are paid in full. If you are a taxpayer who has [...]
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