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Blog Profile / Tax Resolution University

Filed Under:Business & Finance / Taxes
Posts on Regator:852
Posts / Week:4.2
Archived Since:March 8, 2011

Blog Post Archive

Singer Kelis Pays Down Huge Tax Debt

It’s great to report on celebrities who do a great job paying off their massive tax debt. Case in point: singer-songwriter Kelis Rogers, better known simply as Kelis who is paying down her enormous tax debt to the Internal Revenue Service and to the states of New York and California. As first reported by TMZ, Kelis owed $741,027.59 in back taxes. Show More Summary

IRS Warns of New Phone Tax Scam

According to a recent press release, the IRS is sounding a warning about a sophisticated phone scam targeting taxpayers, including recent immigrants, throughout the country. We initially reported on this scam in a previous post during the government shutdown. Show More Summary

After Shutdown, Tax Collections Still Are a Priority

For 16 days, the government shut down effectively halted tax enforcement and collections. Now that the IRS is running at full steam again, should you be concerned? ————————– The government shutdown from October 1 to October 16 closed not only the most critical U.S. Show More Summary

IRS Tax Problems-Agency Delays Start of Filing Season

The government shutdown earlier this month did more than fray the nerves of citizens. It also delayed the start of the tax filing season. An article by MSN Money titled: “Shutdown causes IRS to delay tax filing season” cites an IRS press...Show More Summary

IRS Reminder – October 15th Tax Extension Deadline

The IRS recently posted both a video and a press release to remind taxpayers that if they filed for an extension, the due date is October 15th, 2013. According to the IRS, many of the more than 11 million taxpayers who requested an automatic six-month extension this year have yet to file. Show More Summary

Tax Evasion by Man Who Won Cash Reward from Employer

After winning a monetary award from his former employer, Jimmie Duane Ross of Lehi, Utah, and formerly of Sevierville, Tennessee, never paid taxes on the money. Now he’s going to pay handsomely. Ross was convicted of five counts of tax...Show More Summary

Tax Relief Thursday – Funny Tax Quotes

Today seems like as good day to poke fun at the IRS. Forbes contributor, Robert W. Wood supplies us with some good ammunition in his article titled: “20 Inspirational Quotes … About Taxes.” In it, there are some great gems from notables such as Chris Rock and Will Rogers who dared to utter ill words against Uncle Sam. Show More Summary

Willie Nelson and IRS Tax Liens Over Twenty Years Ago

Today, I was reminded that it’s been over twenty years since Willie Nelson lost nearly all his possessions to IRS tax liens. Country music news website, The Boot featured an article titled: “23 Years Ago: IRS Places Liens on Willie Nelson’s Property for Back Taxes” that highlights the entertainer’s challenges with the IRS beginning on Sept. Show More Summary

Offer in Compromise Saves Tax Client of the Month $75,000

Every month at Tax Resolution Services we choose a very special Tax Client Of The Month.  It’s our way of acknowledging good friends and saying “thanks” to those who support our business with referrals, word of mouth and repeat business. This month’s Tax Client Of The Month is Mr. Show More Summary

Madoff Victims Still Waiting for Investment Fraud Relief

It appears that some of Bernie Madoff’s Ponzi scheme victims will have to wait a little longer get their money back. CNNMoney’s article titled: “More than $2 billion for Madoff victims is still in limbo” details information provided by Securities & Exchange Commission (SEC) veteran and hedge fund founder Richard Breeden. Show More Summary

U.S. Investigates Swiss Bank Rahn Bodner for Secret Accounts

Another Swiss bank is experiencing the wrath of the U.S. Government’s focus on offshore tax cheats and revenue collection. A Reuters article titled: Another historic Swiss bank under U.S. tax spotlight reports that Swiss private bank Rahn & Bodmer is under investigation by U.S. Show More Summary

False Tax Returns Filed by Guilty Las Vegas Mechanic

A Las Vegas man faces up to three years in prison after pleading guilty to filing a false personal tax return for 2008. According to court records, Arthur Risser Jr. earned more than $100,000 each year from 2006 through 2008 while employed...Show More Summary

IRS Tax Liens-How Often Are they Wrong?

Tax liens can be filed by state and local taxing authorities to enforce collection activity for back taxes owed; when the IRS files a lien against someone, its serious business. However, after reading a recent Forbes article titled:Show More Summary

Tax Relief Tips-More Top Tax Audit Triggers to Avoid

A tax audits either by the IRS or state taxing authority are no picnic. The process is intimidating, time-consuming, and can be costly especially if you are assessed additional taxes. It’s important that you know how an audit is triggered so that you can prevent one from happening to you. Show More Summary

Tax Refund Fraud by Florida Man Caught at Traffic Stop

A Florida man was sentenced to five years and one month in federal prison for committing stolen identity refund fraud. James Earl Smiley, 41, of Tampa, Florida, pleaded guilty to one count of theft of government property and one count...Show More Summary

Tax Policy Study Shows More Americans Paying Taxes

About this time last year one of the biggest tax news stories centered around a 2009 Tax Policy Center (TPC) report that showed 47 percent of citizens were not paying taxes. According to a Don’t Mess with Taxes, Kay Bell in an article...Show More Summary

Tax Relief News in Review-Celebrity Tax Stories

Happy Friday! On this short holiday week, the tax news we featured mainly centered on celebrity tax stories. Here is a recap of what we featured: Tax Problems-Michael Jackson Estate Gets Assessed by IRS – It appears that the estate of...Show More Summary

IRS is Going After Your Friends and Neighbors Too

It’s not just celebrities, industry titans and scam artists who are going to prison on tax charges. It’s everyday people — your friends and neighbors, and maybe you too. ———————————- When most people think of tax cases that send defendants...Show More Summary

Tax Problems-Michael Jackson Estate Gets Assessed by IRS

There are ways to value the worth of tangible items like real estate or cars for estate tax purposes. However, placing a dollar amount on the image of a celebrity is a more complicated and disparaging process as the estate of the late Michael Jackson is finding out. Show More Summary

Offshore Tax Evasion-US and Swiss Make A Deal

Happy Friday! After just reporting two days ago about the Cayman Islands reaching an agreement with U.S. taxing authorities, the U.S. and Swiss have finally reached a compromise deal for how Swiss banks will report account data on their American clients to the IRS. Show More Summary

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