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There are not many situations scarier than being in tax trouble. Whether you’re worried about the tax man knocking at the door or staring down at the pages of a tax evasion indictment, there are few legal situations worse in American life. Getting in trouble with the Internal Revenue Service can be a life-altering experience. That is an indisputable fact. Even more troubling, data suggests you’re more likely to be indicted and convicted on tax charges today than you were five years ago. In fact, available data shows the Obama administration is just as aggressive in tax enforcement as the Bush administration was. (more…)

It is important to consult with a tax attorney or Certified Tax Resolution Specialist to go over your case before you contact the IRS because everything you say to that friendly government agent “can and will be used against you.” Confiding your tax woes to the IRS is not a good idea – it would be like confessing your sins to a prosecutor without your defense attorney present. (more…)

If you are paying your taxes on time then you can expect IRS to be nice but if you owe huge sum of money to it then get ready to face the bad consequences. The only solution to get rid of IRS problems is to return the money you owe them. This article will highlight some of the ways which you can use for tax debt relief. (more…)

Energy efficiency equals tax credits, but only for homeowners. If you live in a rental property, then you’re not eligible for the credit. But if you own a home, in Boca Raton Woodfiled Country Club for example, there are a variety of renovations you can make that would qualify you for up to $1,500 in tax credits. You can get thirty percent of the amount you spend on these renovations over two years. This means that you need to spend $5,000 to maximize the credit. And the credit caps at $1,500, so if you spend the $5,000 in the first year of your renovations, then you’re not eligible for any credits the following year. (more…)