Archive for November, 2010
Taxpayers Need To Be Wary of Tax Relief Pitches That Sound Too Good to Be True
Tuesday, November 30th, 2010Tax-relief firms are getting sued by state authorities left and right, making headlines for cheating distressed taxpayers out of thousands of dollars in upfront retainer fees. Consumers need to be wary of tax relief pitches that sound too good to be true – as they probably are! Consumers with back taxes, audit or collection-related problems should [...]
Qualifying as an Innocent Spouse Can Spell Tax Relief from IRS Problems
Wednesday, November 24th, 2010Filing an Innocent Spouse claim with the IRS can protect qualifying taxpayers from IRS back taxes, interest, and penalties related to a spouse (or former spouse).
It may be an afterthought to many couples, but filing joint tax returns means that each spouse is 100 percent liable for 100 percent of the tax debt owed, even [...]
Five Reasons Why You Should Be Thankful To The IRS This Thanksgiving
Sunday, November 21st, 2010This might seem like an oxymoron – but we should be thankful for the Internal Revenue Service. It could be a lot worse, trust me. The IRS is a fair and (for the most part) comprehensive system that is quite generous in comparison to many tax collection authorities out there. The IRS is the envy [...]
Tax Help Tips on How to Reduce Debt, Pay Back Taxes and Avoid IRS Problems When Filing Tax Returns
Sunday, November 21st, 2010
With tax season quickly approaching, Americans who owe the IRS back taxes they can’t afford to pay will need to know how to swiftly and effectively reduce tax debt while also resolving financially crippling IRS liens and levies.
As the troubled economy begins its slow rebound, year-end tax planning is more important than ever, especially [...]
Tax Relief News: Nationally Syndicated Talk Show Host Sean Hannity Endorses TRS for Ethical and Expert Tax Relief
Wednesday, November 17th, 2010Listeners of talk show host Sean Hannity may be more than familiar with his less than sanguine feelings regarding the nation’s tax system as well as the broad scope of the IRS enforcement powers, both of which are frequent topics on his nationally syndicated radio show.
“The IRS continues to step up its efforts to come [...]
Tax Relief FAQ: What Do You Do If Your Tax Return Is Due, But You Don’t Have The Money To Pay Back Taxes To The IRS?
Sunday, November 14th, 2010If you cannot afford to pay your back taxes to the IRS, it is especially important to avoid harsh penalties from the IRS and file all delinquent returns now. Thousands (potentially millions) of taxpayers fail to file legally required tax returns every year. Not filing typically results in increasingly challenging problems as time goes by, including [...]
Tips For Tax Relief: Expert Tax Help from Yahoo’s Associated Content for Resolving IRS Problems
Wednesday, November 10th, 2010A great website that allows professionals and experts to share and publish their knowledge with millions of readers is Yahoo’s Associated Content. This diverse community features contributors from across the web who offer expert information and content.
I was honored when I was notified that Associated Content had recognized me as an expert Business and Finance Contributor based [...]
Tax Help FAQ: How Does the IRS Penalize Delinquent Tax Returns?
Wednesday, November 10th, 2010Each and every year, thousands and potentially millions of taxpayers fail to file legally required tax returns. The longer people put off filing their tax returns, the more severe their IRS tax problems become. I recommend that you read on to understand how the IRS approaches delinquent tax return penalties in order to avoid severe [...]
IRS Tax Help That Will Save You Big Bucks Before Ringing in the New Year
Monday, November 1st, 2010In this troubled economy, tax planning is more important than ever. In fact, small businesses and individuals can get started on trimming taxes now, before the end of the year.
It has been a bad year for many, so it’s crucial to employ financial strategies that can help alleviate potential IRS increases and minimize tax liability.
What [...]
EX-IRS Agent Owes $789,000 In Back Taxes
Monday, November 1st, 2010According to the U.S. Attorney’s Office, John Venuti, a former IRS tax specialist from Maryland has pleaded guilty to three counts of failing to file a federal income tax return, reports the Washington Post.
It may sound silly that even an ex-IRS agent has failed to file an income tax return, however it is no laughing matter [...]