Professional Tax Resolution has successfully helped many clients find tax relief. Here is the story of a client who came to us in March of 2011. Mr. and Mrs. M lived, worked and paid taxes in the United States from 2008-2010. In early 2010 both Mr. and Mrs. M moved out of the country and… Continue reading →
IRS penalty
Increased Funding for IRS Enforcement Means Avoiding the IRS Is Harder Than Ever
With $1.1B more funding, enforcement is going to be increased. It is always better to approach the IRS before they approach you. The clear message for taxpayers is that they should take whatever steps are necessary to become income tax compliant.
A Successful Offer In Compromise – $74,000 IRS Problem Settled at a 95% Discount.
The IRS does not accept offers in compromise to everyone. However for those that meet the qualifications, this tax settlement program can be life changing. Here is the story of one Professional Tax Resolution Client’s journey to tax relief.
Tax Debt Can Start with a Small Mistake – Tips to Avoid the IRS Debt Cycle
Tax Debt can develop from a simple mistake or unreported item on a return. The IRS takes time to find errors and yet penalties and interest accrue during that period. Here are some simple steps to help avoid making some common Tax Filing mistakes.
Case In Point-Hiring A Qualified Professional To Handle Your Tax Settlement = A Good Investment
Hiring a qualified tax professional can seem like a bit of an investment. However by representing yourself before the IRS or State Tax Board small mistakes or assumptions can cost you even more time and money. This case study is a real world example.
2010 Electric Car Credit and Other Tax Incentives
Tax Credits can allure taxpayers to rush applications or file even when unsure about qualifing standards. Learn why tax liabilities can appear years after filing incorrectly for incentives such as the first time home buyer or electric vehicle tax credits.
