17 07, 2018

The IRS Wants to See You Suffer!

2018-07-17T17:56:28+00:00 July 17th, 2018|Tax Resolution Experts|

In Their Resolution Outline, the IRS Ignores the Hardship Option When the IRS presents back tax resolution options to the public, why is it that IRS hardship status is not listed and an Internal Revenue Service option? In a recent official publication for taxpayers that outlines ways to resolve back taxes owed, the Internal Revenue Service ignores IRS hardship status as an option. If a taxpayer successfully claims hardship, they can either pay less than what is owed over the time the IRS has to collect (the 10-year collection statute) or possibly pay nothing by being placed into currently-not-collectible (CNC) [...]

11 06, 2018

The Taxpayer Bill of Rights Can Help You

2018-06-11T15:32:07+00:00 June 11th, 2018|Business Tax Problems, California Tax Resolution, Income Tax Problems, IRS News, IRS Tax Relief, Tax Law, Tax Resolution, Tax Resolution Experts|

Did you know that there is a Taxpayer Bill of Rights that is designed to protect you from being taken advantage of by the Internal Revenue Service? After receiving a detailed proposal from National Taxpayer Advocate Nina Olson, the IRS adopted an official Taxpayer Bill of Rights. It was a long time in coming. Moreover, do you realize that the Taxpayer Bill of Rights applies to all taxpayers in their dealings with the IRS? Grouping the existing tenets of the tax code into ten fundamental rights, the Taxpayer Bill of Rights does a good job in making an overly complex, [...]

8 05, 2018

Helping You Claim The IRS Tax Refund You Are Owed

2018-05-08T10:20:46+00:00 May 8th, 2018|Income Tax Problems, Tax Resolution Experts, Unfiled Tax Returns|

Claim the IRS tax Refund you are owed! Are you losing out on your own money by failing to claim an IRS tax refund that should already be in your pocket? In 2017, the IRS posted an informational video on YouTube called Refund: Claim It or Lose It. As a tax resolution provider backed by a full-service accountancy firm, the Tax Resolution Institute is in the unique position to help you on all fronts. Beyond cleaning up a delinquent tax mess of just filing delinquent tax returns, we also can help you claim an IRS tax refund. If [...]

13 02, 2018

IRS Offer In Compromise – What You Need To Know

2018-05-03T10:29:48+00:00 February 13th, 2018|Currently Not Collectible, IRS Tax Relief, Offer In Compromise, OIC, Tax Resolution, Tax Resolution Experts, Unpaid Back Taxes|

IRS Offer in Compromise: find out if you qualify before submitting your offer! Every taxpayer in trouble seems to want to settle for pennies on the dollar which involves doing an Offer in Compromise (OIC), but very few understand what an IRS Offer in Compromise entails. In many instances, an Offer in Compromise is not the best option, even if you qualify. To make sure that you are making the right tax resolution decision, we will detail for you the benefits and challenges of an IRS Offer in Compromise. Our goal is to help you move forward with [...]

21 11, 2017

The REAL Dynamic Duo: Your CPA & Tax Attorney vs. Your Tax Problem!

2017-11-22T09:46:35+00:00 November 21st, 2017|Tax Attorney, Tax Law, Tax Resolution|

A CPA and an Attorney make the ultimate team to conquer your IRS & State tax problems You may be wondering why we chose to write on this topic. The reason is it reinforces our basic operating principle. That is, as a comprehensive Tax Resolution firm we choose to ALWAYS have expert CPA’s AND tax attorneys on staff. With this setup, every client gets the benefit of having not only an expert accountant working on the numbers, but also a second set of eyes reviewing their case from a legal perspective. By far, this is the best approach [...]

24 10, 2017

IRS Loosens Rules to Help Ease Hurricane Hardships

2017-10-24T10:26:27+00:00 October 24th, 2017|IRS News, Tax Attorney, Tax Law, Tax Resolution Experts|

IRS rule changes to benefit hurricane victims in affected areas If you live in States such as Texas, Louisiana, Arkansas, Kentucky, or Tennessee, you know the meaning of “problems” as they relate to hurricanes. In order to ease the devastation caused by Hurricane Harvey, the IRS is allowing taxpayers to take emergency loans from their retirement plans. These hardship distributions are to be used to help hurricane victims as well as family