Las Vegas Tax Services Firm Can Help Protect Taxpayers Faced With Mounting IRS Back Taxes

PRLog (Press Release) - Aug 03, 2011 - Las Vegas, August 3, 2011 - Contrary to what you see on TV advertisements, not everyone is eligible to save “pennies on the dollar” on their back taxes. In these cases, Las Vegas tax services help is still vital in preventing or halting debilitating IRS collection tactics so struggling taxpayers can preserve their finances to the greatest degree possible.

Many taxpayers in the current economic downturn are struggling to make ends meet, have lost their job, are living off their 401K plans – and are facing a hefty debt to the IRS. According to tax relief experts, the IRS is serious about its debt collection actions, appointing thousands of new collection personnel to ensure the federal agency collects on outstanding debts.

“Owing thousands of dollars in back taxes to the IRS puts you in a tough spot, but having to owe triple that amount in penalties and fees during this economy can be financial suicide,” said Helmer Milla, co-founder of Tax Relief Resolutions http://www.taxreliefresolutions.com. “Don’t wait until the IRS comes knocking on your door, the IRS has powerful enforcement tools — tax liens, levies, and wage garnishments, among them — to aggressively pursue delinquent taxpayers.”

According to Milla, there is a solution to every problem. However, it’s vital that consumers seek out a qualified tax relief firm that offers transparency throughout the tax resolution process so clients have realistic expectations for resolving their specific tax problems. An expert tax attorney or Certified Tax Relief Specialist can determine whether a taxpayer’s lack of ability to pay back taxes potentially qualifies them for an Offer in Compromise (OIC), which settles the tax debt for a lesser amount.

“Not everyone is eligible to save ‘pennies on the dollar’ on their back taxes- contrary to what some TV advertisements will have you believe,” Milla said. “Even if you can't get your IRS bill reduced, expert tax help can prevent or halt the IRS from managing your cash flow for you - via debilitating levies on your paycheck, bank account and assets – while helping you preserve your finances to the greatest degree possible.”

Las Vegas tax services firm Tax Relief Resolutions, a Centro Hispano & Associates Company, is dedicated to providing affordable solutions to businesses and individuals alike who find themselves in trouble with the IRS. With tax attorneys, enrolled agents, and CPAs, Tax Relief Resolutions has over 10 years of experience in IRS negotiations and resolution work using highly trained financial professionals. For more information or to receive a free tax relief consultation, visit http://www.taxreliefresolutions.com/ or call 702-253-9833

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Peliculas Online

Apathy Costs Taxpayers £4,400

PRLog (Press Release) – Jul 19, 2011 – Robson Laidler LLP, Accountants, are warning that workers in Britain will waste more than £4,400 each this year due to a lack of basic tax planning, according to new research.

The study by Unbiased.co.uk shows that taxpayers will pay over £13.5 billion more than they need to, simply because they have failed to plan.  This is a considerable increase on last year’s figure of £9 billion.

According to the research, almost nine out of 10 people have taken no action in the past year to reduce their tax bill.

Graham Purvis from Robson Laidler said “Tax credits represent the most tax wastage, with more than £8.5 billion unclaimed in child benefits, child tax credits, working tax credits and pension credits.”

“This was followed by inheritance tax, with £1.3 billion wasted through mistakes which could have been avoided with adequate planning”.

With the increase in the top marginal income tax rate to 50%, or even higher for those losing their personal income tax allowance at a £100,000 taxable 1916338565  income threshold, in these straightened times it is now ever more important for individuals (as well as businesses) to consider their tax position.

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Peliculas Online