The tax specialists at Professional Tax Resolution are a good choice for resolving your tax settlement issues. They are: Licensed The tax resolution professionals at Professional Tax Resolution are Certified Public Accountants and Enrolled Agents. These are the only tax specialists who can represent you before the IRS on all tax issues, not just returns they have… Continue reading →
Resolution
Avoid IRS Penalties – Settle your IRS Tax Debt – Tax Settlement Tips
If you have been disregarding a notice from the IRS, tax filing deadlines, or ignoring tax liabilities, it is probably time to think about filing those back tax returns and paying outstanding tax balances. Even though the Obama Administration’s 2012 Budget request for increased funding for the Internal Revenues Service was not approved, the ability… Continue reading →
Have IRS Tax Debt? Need a New Passport? The GAO wants to know.
As of the end of fiscal 2010, the balance of reported unpaid federal taxes was about $330 billion according to the IRS. This is a huge amount and as we have written about in the past, the enforcement of the tax laws and the tax code is on Government Accountability Office’s list of high-risk areas…. Continue reading →
IRS Tax Debt – Cancellation of Debt – Mortgage Forgiveness Expires in 2012
Tax Alert! The Mortgage Forgiveness Act is Set to Expire at the end of 2012 As many of you who have had a short sale or home forclosure know, under ordinary United States tax law, a short sale produces a tax liability. When a lender agrees to accept a short sale, the amount of mortgage… Continue reading →
IRS Innocent Spouse Relief – A $1,200,000 Tax Settlement Success Story
Mrs. M. was referred to us by a local attorney. Her husband had recently passed away and, shortly after his death, she became aware of an outstanding IRS tax liability in the amount of an astonishing $1,200,000. Mrs. M. had had no knowledge of this tax debt before her husband’s death. A few months later… Continue reading →
IRS Tax Debt – Don’t Just Ignore It – Resolve Tax Debt Before the IRS Collects
Most people who have IRS debt do not find themselves in that situation due to an unwillingness to pay their fair share of taxes. It is much more common that taxpayers find themselves owing the IRS either due to a mistake on a previously filed income tax return or some unavoidable circumstance such as a… Continue reading →
