Harsh IRS Enforcement Emphasizes Need for Expert Tax Representation
The IRS has responded to pressure to increase tax collections by stepping up its active enforcement efforts. The most significant efforts include auditing more consumers and assessing more taxes than...
View ArticleOffer in Compromise and Installment Agreement Explained
Every year around tax time, we get questions about IRS tax settlement programs, specifically, who can qualify to use them to settle their tax debt. Here is one such example: Question: Do I have the...
View ArticleGot Tax Debt? Tax Relief Solutions are Available
If you have tax troubles that haven’t been addressed, it’s time for you to see a tax professional and get to know your options. I wanted to highlight a success story of a client who did just that. For...
View ArticleIRS Report Shows Tax Cheating Enforcement Way Up
News flash for tax cheats: Enforcement is up significantly at the Internal Revenue Service. The recent annual report from IRS Criminal Investigation shows in fiscal year 2012, the Internal Revenue...
View ArticleTax Problem Q&A-Can A Tax Pro Help Me with My Tax Debt?
Question: I’m in deep trouble because I have too much tax debt and not enough income. There are many reasons for this: bad tax advice, recklessness on my part, and most recently (and tragically for me)...
View ArticleGeorgia Man Sentenced for $1.7 million False Refund Claim
Georgia resident, Donus R. Sroufe received a four year prison sentence after he was found guilty at trial for interfering with the administration of the revenue laws and of making a false claim for a...
View ArticleIRS Encouraged to Increase Correspondence Audit Collection
If you think that audits will not increase due to IRS sequester budget cuts think again. A recent article from Accounting Today titled: “IRS to Increase Audits of Prior- and Subsequent-Year Tax...
View ArticleOffer in Compromise Helps Settle Tax Debt for Less
Question: I don’t know what’s next for me. I owe way more to the IRS than I could possibly pay. I read a column in which you suggested to a reader that he look into an Offer in Compromise. But isn’t...
View ArticleAvoid Audits for Income Discrepancies and Missing Information
According to a previous post, the IRS stated that more than 12 million taxpayers were due to file their taxes on October 15th. Of those 12 million, there will be thousands of returns that will get...
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