12 07, 2017

Fraudulent IRS Callers Battling with IRS Assigned “Professional” Tax Collectors!

2017-07-12T18:59:02-07:00July 12th, 2017|IRS News, IRS Tax Relief, Tax Policy News, Tax Resolution, Tax Resolution Experts, Tax Resolution Services|

IRS warns that phone scammers are preying on people We have entered into a new and confusing landscape in which taxpayers receive fraudulent calls from robots and foreign nationals that compete with calls from recently approved tax collectors who collect on behalf of the IRS. The path forward for both taxpayers and tax professionals may be confusing, but we remain committed to providing practical advice to those in need. While fraudulent calls made by imposters may be so poorly executed that it is sometimes hard to believe that anyone falls for their tricks, the truth of the matter [...]

5 07, 2017

CA State Board of Equalization is NO MORE!

2017-07-05T09:23:17-07:00July 5th, 2017|California Tax Resolution, Tax Policy News, Tax Resolution, Tax Resolution Experts|

By any other name the Taxman! Well, you'll still owe taxes but it will now be to a different agency with a new name! What was formerly known as the "CA State Board of Equalization" (SBOE) will now be called the "CA Department of Tax and Fee Administration" (CADTFA). Better, huh? This restructure is a result of Assembly Bill 102, The Taxpayer Transparency and Fairness Act of 2017, which was recently enacted into law. The intent of this bill was the dismantling what was considered a troubled tax agency by some. Here's what the San Jose Mercury News [...]

27 06, 2017

U.S. Court of Appeals Says Payroll Tax Mistakes “Not Willful”…

2017-06-27T11:55:10-07:00June 27th, 2017|Payroll Tax Problems, Tax Law, Tax Resolution Experts, Tax Resolution Services, Trust Fund Recovery Penalty|

Payroll tax problems? Call (818) 704-1443 for expert help. A recent case decided by the Sixth Circuit Court of Appeals overturns the findings of the lower court which held that Roger Byrne and Eric Kus of the Eagle Trim company were the responsible parties in "willfully" not paying payroll taxes. This case is significant owing to the rarity with which these cases are successfully defended. "ALICE M. BATCHELDER, Circuit Judge. The Internal Revenue Code, 26 U.S.C.6672, permits the United States to recover unpaid trust-fund taxes from persons responsible for paying those taxes, if they willfully failed to pay [...]

22 06, 2017

If You Can’t Make Sense of Your IRS Letter, You NEED This Handy Transaction Code Pocket Guide

2017-06-27T11:56:54-07:00June 22nd, 2017|IRS News, IRS Tax Relief, Tax Resolution Experts|

IRS Transaction Codes Pocket Guide The mail came again today and instead of containing numerous checks made out to you, and packages from Amazon.com has you hope each day, you got a letter from the Department of the Treasury aka the IRS.  Maybe this is the first time you received a notice like this, but probably not.  As is the case with most people in this situation, you sigh and contemplate whether to bother opening it.  I know this is not what you want to hear, but opening the letter is the first step to solving this problem. [...]

20 06, 2017

IRS Meets Robocop – The IRS Turns to Data Mining to Find Tax Evaders

2017-06-20T12:41:36-07:00June 20th, 2017|Income Tax Problems, IRS News, Tax Policy News, Tax Resolution, Tax Resolution Experts|

Does tax evasion warrant widespread government spying? Welcome to the 21st Century.  The United States is fighting a "tech war" against its own citizens, assuming they are tax dodgers. By using "data mining", the IRS is seeking  to track down and collect taxes from those who move their income to Swiss banks and other offshore tax havens. Granted, these are “edge” cases, which were brought to light from the disclosures found in the Panama Papers (the set of documents from the Central American law firm Mossack Fonseca that were hacked by tech activist, Anonymous).. The question is “How [...]

8 06, 2017

“No Soup for You!”…The Company that Inspired Seinfeld Character has Big-Time Payroll Tax Problems!

2017-06-08T10:25:29-07:00June 8th, 2017|Payroll Tax Problems|

Payroll tax problems can add up quickly In case you were worried, we should clarify that the original owner and Seinfeld “Soup Nazi” character inspiration Al Yeganeh has NOT been charged in this case. Rather, the company’s (Soupman, Inc.) CFO Robert Bertrand has. Apparently Mr. Bertrand has been "cooking the books" by paying employees in cash and stock in order to avoid the company’s tax obligations. The IRS estimates that based upon the amount paid “under the table”, the lack of Social Security, Medicare and Federal income tax deposits have led to a shortfall of about $600,000 in [...]

30 05, 2017

IRS News: Nationwide Tax Professionals Forum and IRS Video Channels on Youtube

2017-05-31T14:45:39-07:00May 30th, 2017|Business Tax Problems, IRS News, Tax Professionals Training, Tax Resolution Experts|

It's like Prom for tax nerds! The IRS has entered the 21st century.  With their embrace of popular new media tools to help both taxpayers and tax professionals navigate the ever changing sea of tax regulations, collections and compliance, the IRS continues to impress.  That's right, we said the IRS. Below you will find links highlighted in a recent tax circular that not only announce the video press release regarding the nationwide Tax Forum but also provide useful links to three alternate languages. Here is the blurb from the IRS Nationwide Tax Forums project: "If you are an enrolled agent, [...]

23 05, 2017

Avoid These Tax Traps if you Need to File for Bankruptcy

2017-05-23T14:20:18-07:00May 23rd, 2017|Bankruptcy Law, Bankruptcy Petition, Individual Bankruptcy, Tax Resolution Experts|

Do you think that income taxes can be discharged in bankruptcy?  They can. One of the greatest pitfalls that prevents you from being able to discharge at least some of your tax liability in bankruptcy is having a clear picture of your complete tax situation. A crucial step (among many) your tax professional needs to take is to obtain copies of your IRS account transcripts for each year to ensure that you (1) know which years are filed (and when) and (2) if and how much you owe for each year. Once you have this information, you know where to [...]

9 05, 2017

Too Busy to File or Pay your Taxes? Make a Tax Appointment with the IRS Once They Find Out!

2017-05-23T10:01:49-07:00May 9th, 2017|IRS News, IRS Tax Levy, Tax Resolution Experts|

Get your tax appointment with the IRS now! Like most businesses and unlike most governmental agencies, the IRS is making an effort to become more efficient. Part of that push includes moving documents and services online. If you are unable to resolve your matter online and need to see a live person, the Taxpayer Assistance Center will now see you by appointment. Here are the steps to schedule your appointment: Go to the Taxpayer Assistance Center locator page here: https://apps.irs.gov/app/officeLocator/index.jsp Type in your Zip code Choose the radius in which you are willing to travel, eg. "10 miles" [...]

1 05, 2017

Filing a Tax Extension Doesn’t Get You Off the Hook or Tax Filing Deadlines YOU need to know!

2017-05-23T10:01:49-07:00May 1st, 2017|IRS News, Tax Resolution Experts|

Filing a tax extension? You should know about these secondary deadlines. Dear procrastinator American taxpayer, We understand you have chosen to file an extension for your 2016 taxes. Well, we have some gentle words of warning for you about tax filing deadlines! We know filing and paying taxes can be a pain in the neck, but trust us (we are well seasoned professionals after all) when we tell you that we see the heartache (and wallet-ache) caused by putting off the inevitable. By filing an extension, you are just putting off the inevitable. At some point, your taxes [...]