Showing posts with label tax debt. Show all posts
Showing posts with label tax debt. Show all posts
Thursday, March 31, 2011

Electronic Arts Founder Stuck with Huge Tax Bill

›
A judge recently ruled that Trip Hawkins, founder of Electronic Arts, cannot rely on his personal bankruptcy to erase his tax debts. Trip ...
Wednesday, June 02, 2010

Bankruptcy and IRS Tax Debt

›
It is not uncommon that the people who come to me for back tax help have already deeply considered filing for bankruptcy. It is common to w...
Thursday, May 13, 2010

IRS Injured Spouse Relief

›
My law firm’s Tax Relief Blog posted a very informative new article earlier this week discussing IRS Injured Spouse relief. Unfortunately,...
Monday, November 09, 2009

FAQs About IRS Offers in Compromise

›
My law firm’s Tax Relief Blog published a useful entry on the 10 most commonly asked questions about the IRS’ Offer in Compromise program....
Monday, November 02, 2009

The IRS Needs to Better Manage the Tax Debt Collection Process

›
Last week, the Government Accountability Office published a report asserting that the IRS needs to do a better job of managing the tax deb...
Wednesday, October 28, 2009

Hiring A Tax Attorney vs. Negotiating with the IRS on your Own

›
Earlier this week we posted a new entry to my law firm’s Tax Relief Blog describing the benefits and advantages of hiring a tax attorney...
Monday, October 12, 2009

Cage Owes $6,617,550.84 in Tax Debts

›
Earlier in the year I put together list of the 5 biggest celebrity tax evaders of 2009, and although Nicolas Cage was already at the top o...
Tuesday, September 29, 2009

Common Reasons Taxpayers get into Debt

›
My team shot another video last week for out tax tips video series. In this episode Edward Lester discusses some common reasons taxpayers ...
Friday, September 25, 2009

Full House Star Dave Coulier Owes Back Taxes

›
According to WalletPop.com there is a new addition to the list of 2009’s biggest celebrity tax evaders. Earlier in the week it was discove...

Old Debts Under $100 Don't Matter Under FICO '08

›
From Consumerist.com: An update to how the new FICO '08 scoring system got revamped this year: Collection amounts where the original...
Tuesday, August 04, 2009

Bankruptcy and IRS Tax Issues

›
Every month thousands of taxpayers call my law firm for help with IRS back tax debts. We get hundreds and hundreds of questions on a weekly ...
Thursday, July 30, 2009

Even More Celebrity Tax Evasion

›
Just the other day, I posted this entry about three new celebrities who owe taxes either to the IRS or the state of California. Now, acco...
Friday, June 20, 2008

Al Sharpton’s Tax Case Heats Up

›
According to NY Post.com , thing are getting interesting in Rev. Al Sharpton’s tax case. The IRS began sending out numerous subpoenas to Sha...
Thursday, June 19, 2008

Milwaukee Brewers First Baseman Owes the IRS $409,149

›
Yesterday Detroit News broke the story that Prince Fielder, who plays for the Milwaukee Brewers, owes $409,149 to the federal government in...
Friday, October 19, 2007

Even Celebrities Owe Back Taxes

›
On October 11th, 2007 the California Franchise Tax Board published their annual list of the top 250 taxpayers with back taxes owed to Califo...
Wednesday, March 07, 2007

Revisions to Offer in Compromise Application Form

›
On Monday the IRS announced they had revised the application for an Offer in Compromise, Form 656 package. IRS Commissioner Mark W. Everson ...
Friday, March 02, 2007

Tax Incentives For Whistle Blowers

›
According to the IRS the difference between what taxpayers are supposed to pay in federal taxes and what they actually pay is around $345 bi...