By Princess Clark-Wendel Published May 03, 2011, FOXBusiness.com April 18 has come and gone, but many taxpayers are facing a large tax bill that they aren’t able to pay. But there are steps they can take to work with the International Revenue Service to develop a payment plan. After the IRS has made an assessment [...]

By Bonnie Lee Published May 05, 2011, FOXBusiness.com If you filed your taxes on time this year, it’s time to put away your tax file. And while you may be looking at the cartons of tax records sitting in the garage and wondering if you can shred some of them, we live in an age [...]

By Bonnie Lee Published March 17, 2011, FOXBusiness.com “Injured Spouse” is an IRS term for the husband or wife who is forced to watch a tax refund fly out the window instead of into the bank because of debts or taxes owed by the other spouse. The IRS and many state tax agencies have a [...]

By Bonnie Lee Published February 17, 2011, FOXBusiness.com If you owe current year taxes or liabilities from prior years, you may want to consider setting up an installment agreement with the IRS. But know this: It’s a revolving payment arrangement and the interest and penalties that accompany the unpaid balance can be killers. Not only [...]

By Bonnie Lee Published January 27, 201, FOXBusiness.com From time to time every taxpayer will have to go head to toe with the IRS. Whether you are setting up an installment agreement, facing the auditor from hell, resolving a misunderstanding, or dealing with collectors on the phone or worse yet, on your doorstep, you would [...]

William Freudenthal owed the IRS some money. Quite a bit of money, actually – just over $16,000. And Freudenthal hadn’t been exactly timely about paying his tax obligation. He’d ignored notice after notice from the IRS. Finally, the IRS took action. They were going to seize some of Freudenthal’s assets – namely his classic 1965 [...]

American Tax Relief Shut Down by Federal Trade Commision

ABC News expose on Tax Masters

By Lindsay Carlton Published March 21, 2011|FoxNews.com March 26, 2010: Al Pacino poses for a portrait in Beverly Hills, Calif. Despite their high-priced tax attorneys and mega-millions, big stars can find themselves in big trouble come tax time. Take Hollywood director Martin Scorsese. He was recently nailed with a $2.85 million bill for unpaid taxes. [...]

Henry was at the end of his rope. Mounting pressure from his bank to pay the delinquent balance of his business loan was beginning to become unbearable. He had already obtained two extensions on his loan. They were not going to wait much longer before foreclosing on his business. The MA Department of Revenue was [...]