Stay informed with the latest insights and tips on tax resolution, financial planning, and IRS updates. Our blog is dedicated to providing valuable information to help you navigate the complexities of tax debt and make informed decisions for your financial future.
Tax debt is not hard to resolve if you know how to best resolve a case of tax debt. According to the financial situation of a taxpayer under debt, the IRS offers programs such as Installment Agreement, Offer in Compromise and Currently Not Collectible. These agreements have different qualifying guidelines that taxpayers need to fulfil.Those... Continue reading →
Taxpayers who are under tax debt and are looking to resolve it by taking outside help are always susceptible to promises of tax debt reduction by tax services. Fraudulent tax services take advantage of this susceptibility and dupe innocent taxpayers into paying them bloated fee for tax resolution. Tax relief scams of some of the... Continue reading →
Tax relief scams have been rocking the country since decades. Recently, tax fraud of many top tax companies made headlines. Top tax relief companies namely Tax Masters, J.K. Harris, American Tax Relief, Roni Deutch and Tax Relief ASAP were found to be deep in tax relief scams.The fraud of scam tax companies was discovered through... Continue reading →
Most American taxpayers take outside help in resolving their tax issues. Tax relief scams therefore is big business. Although most tax resolution companies and tax professionals are honest, there are some that run tax scams behind the mask of tax relief services. Therefore, taxpayers need to make sure that they stay protected from fraudulent businesses.Tax... Continue reading →
Alerts concerning tax fraud include cases of filing fraudulent tax returns by scammers and individual taxpayers. Among tax scams that do not involve seasoned scammers, tax fraud concerning tax returns is most common. Filing false tax returns is a tax fraud that can be done by falsifying details to be filled in a tax return... Continue reading →
There has been an increase in cases of tax fraud in the last few years. According to an IRS report, tax compliance has gone down from 83.7 percent to 83.1 percent. Many taxpayers are finding it difficult to pay taxes because of the economic crisis. Although most taxpayers comply with tax laws, some resort to... Continue reading →
Tax fraud in the name of tax resolution services was unexpected until top tax resolution companies were found to be deep in tax scams. American Tax Relief was one such big name that was sued by the Federal Trade Commission (FTC) for cheating American taxpayers off $60 million.American Tax Relief’s tax scam ran deep. The... Continue reading →
Scammers are looking to make big money through easy methods of deceiving people. Fraud in tax is just that. Numerous multi-million tax scams have been unearthed in the recent past. Fraud in tax refunds, phishing, identity theft, fraud by tax resolution companies and tax evasion has made headlines and are keeping law enforcement agencies busy.Today,... Continue reading →
Tax fraud is growing more common everyday. This year the IRS received more than a million false tax returns, 72% up from the previous year. Filing false tax returns for extracting big refunds from the IRS is not a new trick for scammers; it is the one that is easiest to operate. Anybody with a... Continue reading →
Tax scams have increased in number in the last few years, leaving thousands of taxpayers vulnerable to fraudsters. Busting of scam tax relief companies namely American Tax Relief, Roni Deutch and Tax Masters raise questions about how deep scams concerning taxes really are.Scams of Tax Relief CompaniesAfter the above mentioned tax relief companies were exposed... Continue reading →