Michael Reiss, New Jersey doctor, professor and medical researcher, was sentenced on January 11, 2012 for failing to report his offshore (UBS) bank accounts. According to the IRS, Reiss was sentenced to eight months in a community confinement center for failing to file Reports of Foreign Bank and Financial Accounts (FBAR) with the IRS. Reiss pleaded guilty in August 2011 and agreed to pay back taxes of at least $400,000
Michael Reiss, New Jersey doctor, professor and medical researcher, was sentenced on January 11, 2012 for failing to report his offshore (UBS) bank accounts. According to the IRS, Reiss was sentenced to eight months in a community confinement center for failing to file Reports of Foreign Bank and Financial Accounts (FBAR) with the IRS. Reiss pleaded guilty in August 2011 and agreed to pay back taxes of at least $400,000
An article in Bloomberg entitled IRS Called Easy on Criminal Tax Evaders in Watchdogâs Critique outlines Nina Olson of the National Taxpayer Advocateâs concerns that intentional tax evaders get more IRS help than those who werenât intending to hide money from the U.S.government. Olson warns that future IRS collection efforts could be jeopardized due to confusion over the treatment of accidental tax evaders. The IRS sees
Most of this blog and my site focus on me being some kind of tax hero. But, I have to be honest.I have the best team anyone could hope for at Tax Defense Network and they are hugely instrumental in helping me successfully close more than 400 IRS cases a month. Helping me in the lead is my senior tax attorney and enrolled agent, Ronnie Hicks. He has a Masters in Taxation and Juris Doctorate. He is a member of both the South Carolina and Florida Bars. He also has been spotlighted as the hardest working tax attorney in the pro bono division for low-income taxpayers withThree Rivers Legal services. I can rely on him to personally handle our largest cases and help me supervise the other tax debt professionals on my team. In addition to all of this he teachesenrolled agentclasses, which gives my team the edge over most attorneys out there.
A lot of our competitors are lucky if they have anyone with real tax knowledge on their team. I have a power-house of tax knowledge helping my team of tax debt professionals at Tax Defense Network! This is why we have an A rating with the Better Business Bureau! This is why we’re in the best in the business!
Check out Ronnie Hicks in these local news interviews helping taxpayers during crunch time!
If you need help from the VERY best in the tax resolution industry, contact theIRS Hitman Teamat Tax Defense Network. Call888-391-2037now or fill out the form for a free consultation on the best solution foryourtax problems!
With holiday festivities in the past and a new tax season on the horizon, it is important to take a moment before all the preparation to give your appreciation to the IRS. Yes, thatâs right; give them thanks for the service they provide. This praise probably sounds strange to the 1-6 Americans with IRS tax problems who donât feel very thankful facing the most powerful collection agency on the planet.Â
As we always say at Tax Resolution Services âyou can run but you canât hide from the IRSâ which was reinforced in a recent Forbes article called IRS Summons? Meet John Doe. The article shed some light on the âotherâ way the IRS can find taxpayers suspected of tax debt through what is called the John Doe Summons. The John Doe Summons works to gather information like: pursuing investors in tax
Question: Iâve been struggling with IRS debt for a couple of years now. How do I know whether the Offer in Compromise or Installment Agreement is the right program for me? Answer: Ultimately youâll need to consult in person with a qualified tax professional to find out exactly whether the Offer in Compromise or Installment Agreement is right for you, but it might help if you understand each program and
On his new channel, GBTV, multi-media personality Glenn Beck gives a rousing âthumbs upâ to Tax Resolution Services as the best firm in the business to settle back tax issues. Beck, no fan of the IRS and never shy to share his opinion, concludes (in the video clip below) that we all must take care of our tax responsibilities, no matter what. Glenn Beckâs main points include: Being honorable and paying your
Question: Iâm really behind on my taxes, and now Iâm getting letters from the IRS. Iâm having trouble sleeping. I donât know how I can pay this tax debt. I also have a mortgage and my daughter starts college next year. How can you help? Answer: I know that feeling. I know what youâre thinking and why youâre worried. The reason for that is because Iâve had so many clients
The US economy has been slow to recover from the recession, and as a result, many American homeowners have lost their jobs and are unable to find new employment. These same folks, some out of work indefinitely, are struggling to pay their bills and keep a roof over their head. Households who find themselves this far underwater and unable to pay their mortgage may feel forced to consider home foreclosure
I contributed to a recent article written by Tax Analysts Document Service regarding the unscrupulous practices of some tax negotiation-resolution firms (the article was called Tax Debt Representation Industry Continues to Operate in the Shadows). I talked about the reality thatsome tax resolution firms have negatively affected not only vulnerable taxpayers but also damaged the reputation of the viable tax debt representation industry and set the Federal Trade Commission
I’m Michael Rozbruch, a Certified Tax Resolution Specialist, Founder and CEO of Tax Resolution Services. Consumers come to us everyday for tax relief help, especially when it comes to settling back taxes. Some people have heard of the Offer in Compromise program – thoughnot everyone qualifies. Below is a recent question from one of our clients about settling tax debt, and my answer follows, which may be insightful for
At Tax Resolution Services we are constantly seeking the best options for clients who are settling back tax debt. Some people have heard about the Offer in Compromise program – a tax settlement program between the consumer and the IRS – but don’t know all the facts about it. Below is a great question by a tax client that addresses most people’s concerns about the Offer in Compromise program and
Tax questions from people facing tax problems are common in our office. Â Here is a question from a person owing back taxes and our advice on what can be done.
Question: I closed my business a year ago, and then I took some bad advice. I just found out I owe a lot in back taxes, and Iâm feeling hopeless and helpless. What can I do? Answer: Let me first assure
Many of our clients at Tax Resolution Services inquire about the Offer in Compromise program - a program established by the IRS to help consumers settle tax debt, usually at a fraction of what they owe. What most people don’t know is that the Offer in Compromise is a privilege set forth by the IRS and that a person needs to qualify for this program. How does someone qualify?  Read more from the IRS Question Corner of
Todayâs Tax Resolution Tip:
If you owe the IRS a large amount of money and can’t afford to pay the lump sum at once, don’t panic. Consider an Installment Agreement, which is a payment plan used to break up payment on a monthly basis. This is a common route taken byqualifying consumers to settle their back taxes. Read the Installment Agreement FAQ for more information on IRS Payment Plans and Installment
Many people don’t know that the IRS will work with you if you owe back taxes and feel that you cannot afford to pay them all at once. For many of our clients at Tax Resolution Services, we have set up an IRS Installment Agreement plan, simply known as an IRS Payment Plan,which is an arrangement a consumer enters into with the IRS to pay back taxes owed. This allows the person to
I recently mentioned the new effort by the IRS Â to help consumers with delinquent back taxes avoid tax liens and become compliant in these economically challenging times.
While these tax relief efforts from the IRS would seem to be welcome news, we tax resolution experts have little hope that these changes will result in much of a break for the consumers who need it most.
Here’s why: from my experience, I have
This February the IRS made a major announcement regarding their new effort aimed at helping taxpayers who are struggling. These new policies and programs will be put in place to 1) assist consumers in paying their back taxes and 2) avoididing tax liens.
This isn’t the first time the IRS has tried to be generous with taxpayers by offering them a ‘break‘. This IRS announcement nearly boasts that this is another
Tax schemes designed to defraud the IRS of money never work for long. Taking part in a tax scheme such as the one described below is not the solution to tax relief. If you owe back taxes, the solution lies with a qualified tax professional who can guide you through the process of tax relief. Tax Resolution Services is made up of tax attorneys and Certified Tax Resolution Specialists that
