Identity Theft Prevention– Florida Scammers in Prison

Friday, March 23rd, 2012

It’s nice to see that a tax scheme involving identity theft was thwarted. A recent article in the Miami Herald entitled Two South Florida Men Plead Guilty in IRS Tax-Refund Scheme reports that two men, Jean LaFrance, and Carlos Orozco used stolen social security records to submit false tax returns to the IRS over the past year. Both men were volunteers at the Pembroke Pines Social Security Office and had

Related posts:

  1. IRS Warns of “Dirty Dozen” Tax Scams
  2. Avoid Tax Scams: Inflated Income and Expenses
  3. No Free IRS Money-Avoid Tax Scams

Tougher IRS Enforcement of Corporate Tax Dodgers

Thursday, March 22nd, 2012

Hot off the Reuters newswire is an article entitled IRS Forms “SWAT Team” for Tax Dodger Crackdown that confirms the IRS’ intent on collecting taxes and in this case, going after one of the most difficult sources; multinational corporations. The IRS has stepped up efforts to go after businesses that shift money from country to country in an attempt to limit their corporate tax liabilities. While The IRS has attempted

Related posts:

  1. Swiss Pressured to Reveal All Offshore Accounts
  2. TaxMan Tax Info-Offshore Accounts and Taxable Income
  3. Offshore Tax Evaders Get Preferred IRS Help

Tax Preparers Sue IRS for Unfair Regulations

Wednesday, March 21st, 2012

Tax preparers and non-profit group The Institute for Justice have banded together over their dislike of recent tax preparer regulations to sue the IRS sighting its powers as overreaching and unlawful. An Accounting Today article entitled Tax Preparers Sue IRS over New Requirements sheds some light on this issue by highlighting the plaintiff’s objectives not to seek damages, but rather an injunction against enforcement of new regulations.
The plaintiff’s in this

Related posts:

  1. IRS Bankruptcy-FiveTax Relief Options for Back Taxes
  2. Solicit the Certified Tax Specialist – Small Business BackTaxes
  3. Finding Tax Help for IRS Tax Debt

IRS Practices Scrutinized This Tax Season

Wednesday, March 21st, 2012

A previous blog post entitled Tax Advocate Warns Taxpayers Rights at Risk mentioned the release of the annual report to Congress by National Taxpayer Advocate Nina E. Olson.
Olson, an outspoken official whose staff works within the IRS to resolve taxpayers tax issues, was very critical of several IRS practices and processes that end up putting taxpayers last.
In the Forbes article IRS Advocate: New Taxpayer Rights Crisis Is Brewing detailing the

Related posts:

  1. Michael Rozbruch Interviewed in Opportunist Magazine
  2. Tax Advocate Warns Taxpayers Rights at Risk
  3. IRS Tax Help Basics for the Self-Employed

TaxMan-Wealth Tax and Identity Theft on Big Biz Show

Tuesday, March 20th, 2012

In a recent episode of my guest appearance as the TaxMan on the Big Biz Show, we discussed two tax plans aimed at wealthy taxpayers that intend to reduce the deficit; the Zuckerberg tax and the Buffet Rule. We also spoke on ways to prevent identity theft schemes and avoid the IRSproblems they bring. Here are the subjects we covered:
Zuckerberg Tax This tax could move the needle more in the

Related posts:

  1. IRS Warns of “Dirty Dozen” Tax Scams
  2. IRS Holds Taxpayers Responsible – No Matter What
  3. Michael Rozbruch Interviewed in Opportunist Magazine

TaxMan Discusses Tax Gap on the Big Biz Show

Friday, March 16th, 2012

On a recent episode of the TaxMan on the Big Biz Show, I discussed the topic of the “tax gap” that many self-employed and small business people out there should become aware of as they prepare their tax returns for the April 16 deadline. Since many are unfamiliar with thesubject matter, listed are the four key questions and answers every individual and small business personal should know about the

Related posts:

  1. Ask the Certified Tax Specialist – Small Business Back Taxes
  2. Finding Tax Help for IRS Tax Debt
  3. Delinquent and Unfiled Tax Returns? 8 Steps to Resolving Them

TaxMan Tax Info-Offshore Accounts and Taxable Income

Thursday, March 15th, 2012

During a recent episode of the Big Biz Show, I mentioned the subject of taxable income. I thought it an important blog topic as there may be some readers who are unsure what constitutes “income” particularly those who still may have unreported offshore accounts and assets.The Wikipedia definition of taxable income refers to the base upon which an income tax system imposes tax. Generally, it includes some or all items

Related posts:

  1. Swiss Bank Wegelin Avoids Court Appearance
  2. Swiss Pressured to Reveal All Offshore Accounts
  3. Offshore Tax Evaders Get Preferred IRS Help

TaxMan talks Tax Help on Fox 11 Sunday with Tony Valdez

Thursday, March 15th, 2012

This March has been epic! Not only did we launch TaxMan TV on the Biz TV Network early this month, I have been invited to share tax relief tips on Midday Sunday Fox 11 with host Tony Valdez, that airs on Sunday, March 18 at 9am/PST.
I appreciate the opportunity to speak on a subject I know so well; tax debt resolution. I think what makes me uniquely qualified is

Related posts:

  1. Ask the Certified Tax Specialist – Small Business Back Taxes
  2. Michael Rozbruch Interviewed in Opportunist Magazine
  3. IRS Guidelines Help More Innocent Spouses

TaxMan Gives Thanks and Tax Tips on Big Biz Show

Wednesday, March 14th, 2012

Continuing the countdown to April 16 on a recent episode of the Big Biz Show,  I offered some helpful TaxMan tax tips and advice including how to avoid more IRS “red flags” and planning for tax laws that are set to expire in 2012. I also took opportunity to thank Sullyand Troy Hazard, one of the show’s executive producers, for the launch of the TaxMan show debuting on Biz Television. This

Related posts:

  1. Michael Rozbruch Interviewed in Opportunist Magazine
  2. IRS Tax Help Basics for the Self-Employed
  3. TaxMan Speaks About IRS Red Flags on Big Biz Show

IRS Tax Scam Warning-Claiming Zero Wages

Tuesday, March 13th, 2012

The IRS “Dirty Dozen” tax scam “Claiming Zero Wages” is a frivolous tax argument that alleges taxpayers do not have to pay taxes therefore, claim “zero” wages to prove their point even if there is a tax liability. As often found with the frivolous argument scam, taxpayers incorrectly interpret tax law and file a “phony return” in an attempt to lower the amount of taxes due. To the IRS, this

Related posts:

  1. Avoid Tax Scams: Inflated Income and Expenses
  2. Michael Rozbruch Interviewed in Opportunist Magazine
  3. IRS Holds Taxpayers Responsible – No Matter What

TaxMan Speaks About IRS Red Flags on Big Biz Show

Thursday, March 8th, 2012

I recently visited the Big Biz Show with Russ and Sully on the lead up to April 16th to give “TaxMan Tax Tips” on ways taxpayers can to avoid IRS “land mines” and “red flags” this tax year. The current Obama administration has let its intentions be known that closing the $385 billion tax gap – (the difference between the amount of taxes reported and what the government actually collects)

Related posts:

  1. Michael Rozbruch Interviewed in Opportunist Magazine
  2. IRS Tax Help Basics for the Self-Employed
  3. Swiss Pressured to Reveal All Offshore Accounts

IRS Bankruptcy-Five Tax Relief Options for Back Taxes

Wednesday, March 7th, 2012

With the economy still sputtering, many tax stressed people teetering on the edge of IRS bankruptcy enter our offices wanting to know if their IRS tax debt could be wiped away with bankruptcy protection. While in some cases back taxes can be discharged (personal income tax), in mostcases, they cannot. However,the good news is that taxpayers in this situation have options. Here are the five simple tax relief options

Related posts:

  1. Finding Tax Help for IRS Tax Debt
  2. Ask the Certified Tax Specialist – Small Business Back Taxes
  3. Delinquent and Unfiled Tax Returns? 8 Steps to Resolving Them

Beware of IRS Frivolous Argument Tax Scam

Wednesday, March 7th, 2012

No matter how you look at it, living in a civilized society means you are obliged to file your taxes; if you owe, you pay. While many could argue the usual tax talking points such as fairness and tax rates, most of us would agree that taxes collected generate revenue to help fuel the economy. Yet there are people who believe that paying taxes is wrong, immoral and in some

Related posts:

  1. Ask the Certified Tax Specialist – Small Business Back Taxes
  2. Michael Rozbruch Interviewed in Opportunist Magazine
  3. Finding Tax Help for IRS Tax Debt

Chicago Commissioner Indicted on Tax Fraud Charges

Thursday, March 1st, 2012

The Chicago politician currently on the hot seat is Cook County Commissioner and former South Side alderman William Beavers. Beavers is facing indictment on tax fraud charges for keeping campaign funds and a county stipend without paying federal taxes on them. A Chicago Tribune article entitled William Beavers Indicted on Tax Fraud Charges reported on just how far Beavers is willing to go to protect his name and perceived political

Related posts:

  1. Big IRS Tax Lien for Lil’ Kim
  2. IRS Holds Taxpayers Responsible – No Matter What
  3. Finding Tax Help for IRS Tax Debt

Avoid Tax Scams: Inflated Income and Expenses

Wednesday, February 29th, 2012

Some taxpayers have a tendency to overstate their income or expenses. The IRS “Dirty Dozen” Tax Scam # 6 – False and Inflated Income and Expenses makes this list annually simply because taxpayers still believe they can get away with it. What many don’t anticipate is that stepped-up IRS scrutiny of their flawed returns will yield not only IRS problems for them but also less money in their pockets as

Related posts:

  1. IRS Tax Help Basics for the Self-Employed
  2. Request the Certified Tax Specialist – Small Business Back Taxes
  3. IRS Warns of “Dirty Dozen” Tax Scams

Obama Proposes More Money for IRS Enforcement

Wednesday, February 29th, 2012

A major focus of the Obama Administration has been to reduce the “tax gap” (the difference between the amount of taxes reported and what the government actually collects). Nowhere has this become more obvious than with the President’s 2013 budget solicit.  A recentarticle in OMB Watch entitled Obama Proposes Exempting IRS from Budget Caps, reports on the Administration’s solicit to have some IRS enforcement spending be “excluded” from budget

Related posts:

  1. Offshore Tax Evaders Get PreferredIRS Help
  2. Doctor Sentenced for Failing to File FBAR Reports
  3. Treasury Proposes Multilateral Agreement for Offshore Compliance

No Free IRS Money-Avoid Tax Scams

Monday, February 27th, 2012

In a recent blog post called IRS Warns of Dirty Dozen Tax Scams, I covered in detail the top four most common and pervasive tax scams currently permeating the tax system. It’s important to prevent IRS tax issues from the start and covering each tax scam separately could go a long way to help consumers first recognize then steer clear of “IRS deals” and false promises that would end up

Related posts:

  1. IRS Holds Taxpayers Responsible – No Matter What
  2. Swiss Pressured to Reveal All Offshore Accounts
  3. Request the Certified Tax Specialist – Small Business Back Taxes

IRS Offer in Compromise Tax Settlement Program: What You Need to Know

Monday, February 27th, 2012

Consumers come to us every day at Tax Resolution Services with tax questions and, in fact, one of the most popular subjects is the IRS Offer in Compromise program. This program allows taxpayers to settle their tax debt for substantially less than what they owe. Before you get excited, I want to point out that the Offer in Compromise program is a privilege and not everyone will qualify for it. ———————-
Question:

Related posts:

  1. Offer in Compromise Program or an IRS Payment Plan? Get Your Tax Debt Questions Answered Here!
  2. Do I Qualify for the IRS Offer in Compromise Program to Settle Back Taxes Owed?
  3. Request the Tax Resolution Expert – Do I Qualify for the IRS Offer in Compromise Plan or Participating in the IRS Installment Agreement Payment Plan?

No Tax Relief Through IRS Refund Delays

Monday, February 27th, 2012

I recently noticed several news agencies reporting on how the IRS refund delay is angering taxpayers who filed their tax returns early and electronically expecting to receive their refund within 15 days and are still waiting. According to an article in Accounting Today, entitled IRSExperiences Further Tax Refund Delay Problems many early filers obtained a notice of acknowledgement the IRS received their return. But later when they checked the

Related posts:

  1. Request the Certified Tax Specialist – Small Business Back Taxes
  2. Got Back Taxes? Passport and Retirement at Risk
  3. Offshore Tax Evaders Get Preferred IRS Help

Five Tips to Resolving Payroll Tax Problems

Sunday, February 26th, 2012

Payroll Tax Problem Question: Our business has done well financially until a year ago when some of our best customers got behind on their payments to us; the crushing blow came when one closed its doors before we could to collect. We are still behind and the loss in income has weakened our business finances so much, we cannot afford to make the payroll tax payments. I’m really worried about

Related posts:

  1. Solicit the Certified Tax Specialist – Small Business Back Taxes
  2. Michael Rozbruch Interviewed in Opportunist Magazine
  3. Finding Tax Help for IRS Tax Debt