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Blog Profile / Tax Resolution University

Filed Under:Business & Finance / Taxes
Posts on Regator:852
Posts / Week:4.4
Archived Since:March 8, 2011

Blog Post Archive

IRS Tax Case: Precious Metals Trader Pleads Guilty

A precicious metals trader in Texas pleaded guilty to a charge of willfully making and subscribing to a false income tax return. According to court records, Joel Anderson, of Dallas, owned Richardson Gold & Silver Exchange and Frisco...Show More Summary

New York State Revokes Driver’s License for Tax Debt

Due to federal budget cuts and a stagnant economy, states are more cash strapped than ever and looking for ways to generate revenue. New York State’s solution: revoke driver’s licenses of tax deadbeats. Tax Girl, Kelly Phillips Erb reports...Show More Summary

Even Real Housewives Get Tax Bills

The IRS files 1 million tax liens every year. Is yours on its way? ———————————- Unless you’re a fan of bad TV, you’ve likely never heard of her. She’s Lynne Curtin, a Capistrano Beach, California, woman who’s best known for having spent two seasons on the cast of the reality show Real Housewives of Orange County. She’s not a huge celebrity. Show More Summary

Tax Help Tips-How to Avoid Tax Relief Scams

For fifteen years, I have been helping people resolve their tax problems. During that time, I have seen my share of tax scams and schemes. Some of the worst ones have been from so called “tax resolution experts” who, with no previous experience in tax problem resolution, prey on struggling and vulnerable taxpayers seeking IRS tax relief. Show More Summary

IRS Relief-Obama Chooses Management Pro to Run Agency

President Barack Obama has chosen a crisis management expert to run the IRS – an agency clearly in need of a stabilizing force. According to a Washington Post article titled: “Obama nominates restructuring expert to lead IRS amid political...Show More Summary

Nevada Man Files False Tax Returns, Receives Prison Sentence

A North Las Vegas man was sentenced to four years in prison, three years of supervised release, and ordered to pay restitution of $64,921 to the IRS for filing multiple false tax returns in the names of others. Joseph Glendon Austin,...Show More Summary

Real Housewife Teresa Giudice Indicted on Fraud Charges

Seemingly overnight, Teresa Giudice made a name for herself on the Bravo reality show, Real Housewives of New Jersey. However, it appears her ongoing tax problems may take away the glamor of her celebrity lifestyle and place her behind bars. Show More Summary

IRS Tax Tips: Home Office Deduction-Simplified

The IRS has released its summertime tax tip bulletin: “Simplified Option for Home Office Deduction” that will be welcome news for those who work from home. According to the IRS, starting this year, they have made the option to figure...Show More Summary

Federal Tax Crime by Louisiana Man

A Louisiana financial officer received a five-year prison sentence for failing to pay corporate payroll taxes. According to court records, Larry Wayne Bruce, 61, of Leesville, Louisiana, admitted to being responsible for not paying payroll taxes owed while working as the financial officer for Express Marketing Inc. Show More Summary

Tax Scheme Gets ‘Sovereign Citizen’ 97 Months in Prison

A Yelm, Washington, man who advised and assisted others in a tax fraud scheme was sentenced to 97 months in prison and three years of supervised release. Raymond Leo Jarlik Bell, who was also ordered to pay $702,276 in restitution, was...Show More Summary

Tax Relief Weekly News Round-Up: Top Tax Stories

Happy Friday! The cases and stories that caught our attention this week ranged from offshore tax evasion and estate tax issues, to a prison sentence for failing to file tax returns and July’s Tax Client of the Month. Estate/IRS tax issues: Proof...Show More Summary

Tax Problems-Pohlad Estate Challenged by IRS

More proof that the IRS is focusing its collection efforts on wealthy taxpayers comes from the Minnesota Star Tribune. The paper reported that the estate of billionaire Carl Pohlad is being challenged by IRS -specifically for the low valuation of the Minnesota Twins baseball team. Show More Summary

Failing to File Income Tax Returns Gets Man 4 Year Sentence

Following a jury trial, a Virginia man who failed to file personal tax returns for three years was sentenced to 48 months in prison. James Bowers Johnson, 47, of Winchester, Virginia, was found guilty of one count of obstructing the Internal Revenue Service and three counts of willfully failing to file personal tax returns. Show More Summary

Tax Problems-What to Do if You Inherit Them

After recently writing a post about the estate of James Gandolfini, I ran across a follow-up article for Reuters by Amy Feldman titled: “What to Do When You Inherit a Tax Mess.” This article focuses on the types of tax mistakes people...Show More Summary

Businessman Pleads Guilty to Hiding Offshore Accounts

In a previous blog post, I noted that since 2009, the IRS has collected $5.5 billion in unpaid taxes and IRS penalties through the amnesty programs it offered. With offshore tax collection a major government focus, it’s hard to imagine anyone attempting to conceal offshore assets. Show More Summary

IRS Question Corner: How Do I Pay Off Back Tax Debt?

Question: I’m in deep trouble. Bottom line: too much tax debt, not enough income. The reasons for this are many: bad tax advice, recklessness on my part, and most recently (and tragically for me) a significant loss of income. I’m petrified about the future. Show More Summary

Tax Client of the Month Saves $42,000 with IRS Offer in Compromise

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 Ms. Show More Summary

Swiss Adopt Plan to Cooperate with U.S. and Avoid Charges

For anyone who still thinks that hiding money offshore in a Swiss bank account is a good idea, this next bit of news might have you reconsidering that notion. An article by USA Today titled: “Swiss seek to avert U.S. charges against banks” reports that Switzerland has finally adopted a plan that allows banks to hand over financial data to U.S. Show More Summary

Tax Relief News Round-Up Top Stories

The top tax relief news this week ranged from tax evasion, to prison time for a false tax claim, troubles at the IRS, to a giant tax bill for the estate of actor James Gandolfini. Here is a recap of the tax stories we found interesting: Tax...Show More Summary

False Tax Claim Gets Man 4 Years in Prison

A Georgia man received four years in prison after being found guilty at trial of interfering with the administration of the revenue laws and of making a false claim for a $1.7 million tax refund. According to court records, Donus R. Sroufe filed a tax return for 2008 that claimed a refund of $1.7 million. Show More Summary

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