IRS Warns of Sophisticated Telephone Scams Targeting Taxpayers
Direct Tax Relief takes increased calls from taxpayers who have been contacted by scammers saying they owe money to the IRS and must be paid rapidly.
US Courts Support IRS Efforts Regarding FBAR & OVDP
Direct Tax Relief assists more taxpayers with their Foreign Bank Account (FBAR) and Offshore Voluntary Disclosure Program (OVDP) issues as the IRS increases its offshore compliance efforts.
Offshore Voluntary Disclosure Program (OVDP)
The Offshore Voluntary Disclosure Program (OVDP) is part of an Internal Revenue Service increasing effort to stop offshore tax evasion and guarantee tax compliance.
Direct Tax Relief Resolves IRS Tax Debt Problems
Tax Debt Evasion Case Convictions from the Department Of Justice and IRS Federal prosecutors say a Northern California man who belongs to a group that believes tax laws are unconstitutional has been convicted of committing nearly $1 million in income tax fraud.
Resolving Tax Debt Problems with IRS Fresh Start for Self-Employed Taxpayers
Many taxpayers that are new to self-employment don’t have the proper guidance from their accountant or CPA and incur a large tax liability when it’s time to file their tax return.
The IRS Expands “Fresh Start” Program, More Options for Offer in Compromise
The Internal Revenue Service (IRS) announced another expansion of its “Fresh Start” program by offering more flexible terms to its Offer in Compromise (OIC) program designed to help financially distressed taxpayers resolve tax problems more quickly.
Tips in Choosing the Right Tax Resolution Company
There is one sure way to determine whether a particular organization is trustworthy. You must simply check them with the Better Business Bureau. This is an independent third-party organization that grades companies.
What is an IRS Offer in Compromise?
An Offer in Compromise is a formal agreement between a taxpayer and the IRS that settles the taxpayer’s debt for less than the full amount owed.
What is a Penalty Abatement?
Direct Tax Relief can successfully negotiate with the Internal Revenue Service (IRS) to have penalties removed from your account. The Internal Revenue Code allows penalties and the associated interest to be abated by the IRS if the taxpayer can show reasonable cause.
What is an IRS Installment Agreement?
One of the main functions of the IRS is to assess and collect all federal income taxes due. The IRS has substantial authority and power that was given to it by Congress to carry out its goals.