National Taxpayer Advocate Submits Mid-Year Report to Congress; Identifies Priority Challenges and Issues for Upcoming Year WASHINGTON — National Taxpayer Advocate Nina E. Olson today released a report to Congress that identifies the priority issues the Taxpayer Advocate Service (TAS) will address during the coming fiscal year. The report expresses…
Tax Relief – Get tax debt relief today Reasonable Cause/Good Faith Defense: Even if the taxpayer did not have substantial authority for a position and failed to make adequate disclosure, the substantial understatement penalty does not apply if the taxpayer had reasonable cause for the tax underpayment and acted in…
IRS Examples of Tax Nonfiler Investigations – Fiscal Year 2010 Mike Habib, EA 877-788-2937 The following examples of Nonfiler investigations are excerpts from public record documents on file in the court records in the judicial district in which the cases were prosecuted. Back taxes, unfiled tax returns, tax debt settlement,…
IRS Problem Solver – Solutions to tax problems Tax relief expert and IRS Problem Solver, Mike Habib, states that taxation doesn’t have to be taxing! Your right to deal with the IRS by yourself carries the right to hire and solicit assistance and representation on your behalf. This is what…
Important tax developments in the first quarter of 2010 IRS Tax Relief While the new law tax changes in the health reform legislation and the hiring legislation were the most significant developments in the first quarter of 2010, many other tax developments may affect you, your family, and your livelihood.…
Today is the first day of the rest of your life. If things haven’t been going well lately, get a fresh start with a fresh attitude. The best is yet to come! Michael Josephson, of Character Counts. Tax debt settlement help – get reliable tax relief If you find yourself…
Southern California Tax Relief Services IRS tax Relief, FTB tax Relief, BOE tax Relief, EDD tax relief At Mike Habib, EA, a SoCal tax firm, we understand that being notified that your tax return is being challenged by the IRS or the FTB can be scary. When you are faced…
IRS Tax Lien – How to release federal tax liens and levies Taxpayers have the right to appeal the IRS’ filing of a notice of a tax lien in the public record and petition for release. If filed in error, the IRS must release the lien and state that the…
Table 16.Delinquent Collection Activities, Fiscal Years 2005-2008 [Money amounts are in thousands of dollars.] Activity 2005 2006 2007 2008 (1) (2) (3) (4) Returns filed with additional tax due: Total amount collected [1] [r] 27,615,348 [r] 29,172,915 [r] 31,952,399 28,465,648 Taxpayer delinquent accounts (thousands): Number in beginning inventory 5,981 6,478…
Thinking of hiring a $5000 tax attorney? HOLD IT. If you do not qualify for an IRS Offer in Compromise, an attorney CANNOT help you. That’s $5000 down the drain. Many of the unnamed tax attorneys that advertise are nothing but fast-talking salesmen trying to get your money without really…