Press release
Wealthy Americans are the IRS’s Largest Target
Tax Resolution Services, Co. advises the $1 million-plus IRS audit targets to have certified tax resolution representation on their side if audited or already under audit.Encino, CA, January 24, 2012 -- Recent reports show that Americans earning over 1 million dollars per year are a greater IRS audit target than someone earning less than $200,000 a year. According to a recent article in the LA Times, million-plus earners were audit targets at a rate of 12.5% in fiscal 2011, this is up from an 8% increase in 2010 and a 6% increase in 2009. Said another way, audits of consumers making a million dollars or more have more than doubled (up 100%) since 2009. The audit rate under a million is 1%.
“It’s understandable that the wealthy are of interest to the IRS because that’s where the money is”, states Tax Resolution Services, Co. Founder and CEO Michael Rozbruch. “Even though they may be fully compliant and not hiding anything, I advise these taxpayers to consider expert tax resolution specialists who are certified by the American Society of Tax Problem Solvers and know the IRS rules and regulations inside out and use them to their clients advantage. It’s like you have this new expensive car that you just purchased and it was in an accident. It was your fault and sustained major body damage. Do you take it to just any repair shop or do you seek out the best shop in the business that specializes in your particular make and model and also by the way enjoys the best reputation in town”.
The statistics from the LA Times article also reveal that those making over $200,000 per year should see future taxes rise due to the Obama Administration’s proposed tax increase known as the “Millionaire’s Tax” as an attempt to equal the tax rate to those who are earning less.
“The IRS selects targets that have the greatest potential for additional tax to be collected,” warns Rozbruch. “Americans under IRS audit often think they have to deal with the IRS on their own, which is a grave misconception - many incriminate themselves because the IRS asks very probing, invasive questions and require a thoughtful polished response, not an off the cuff one. In 14 years of representing clients before the IRS, for the very reason stated above, I have never taken a client with me to an audit, even when the IRS demands it because, under law, they can’t
demand it without a summons. Now, does the average CPA or attorney know that? Probably not. You need someone on your side with day in day out experience in negotiation and to make certain any additional taxes to be assessed are the lowest amount permitted under law.”
Rozbruch welcomes those under audit to contact Tax Resolution Services via phone at 866-477-7762 or online at www.taxresolution.com for a free no obligation consultation.
Tax Resolution Services, Co, is dedicated to providing affordable solutions to businesses and individuals alike who find themselves in trouble with the IRS. Their tax attorneys, CPAs, and tax relief professionals have successfully resolved thousands of cases since 1998 and are committed to making sure our clients' experiences exceed their expectations. For more information or to receive a FREE tax relief consultation, visit www.TaxResolution.com or call 888-851-5894.
Wealthy Americans are the IRS’s Largest Target
Tax Resolution Services, Co. advises the $1 million-plus IRS audit targets to have certified tax resolution representation on their side if audited or already under audit.
Contact:
Debbie Edwards
Tax Resolution Services, Co.
Encino, CA
818-774-1813 ext. 326
Debbie@taxresolution.com
http://www.taxresolution.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Wealthy Americans are the IRS’s Largest Target here
News-ID: 208132 • Views: …
More Releases from Tax Resolution Services, Co.
Los Angeles Business Journal Awards Tax Resolution Services, Co. as one of the F …
Leading Tax Relief Firm, Tax Resolution Services, Co. Ranks No. 37 on the 2011 Regional List by Award-Winning Southern California Publication.
Encino, CA, November 23, 2011 -- On November 21st, the Los Angeles Business Journal named Tax Resolution Services, Co. one of the Fastest Growing Private Companies on their exclusive list. Tax Resolution Services ranked No. 37 along with 100 local private companies.
The Los Angeles Business Journal Fastest Growing Private Companies…
Another Swiss Bank Exposes Unreported Off-Shore Account Holders to the IRS
With Credit Suisse reporting offshore bank accounts to the IRS, leading tax relief firm Tax Resolution Services, Co. advises non-compliant offshore account holders to come clean NOW or ELSE!
Encino, CA, November 22, 2011 -- Credit Suisse Group AG announced Tuesday, November 8, 2011 that it was handing over to the IRS the names of offshore bank account holders suspected of tax evasion. Responding to the urgency of this information, Tax…
Reputable Tax Resolution Professionals Defend Industry Under Scrutiny
Tax resolution industry leader Michael Rozbruch of Tax Resolution Services, Co. recently quoted in article defending the ethical players in the tax resolution industry.
Encino, CA, October 28, 2011 -- In a recent article written by Tax Analysts Document Service, Tax Debt Representation Industry Continues to Act in the Shadows, Michael Rozbruch, founder and CEO of Tax Resolution Services, Co. a pioneer in the tax problem resolution industry, addressed his thought…
More Releases for IRS
STAY ONE STEP AHEAD OF THE IRS WITH NATIONWIDE TAX EXPERTS
Huntington Beach, CA – March 21, 2019 - Have you been thumped with a tax demand from the IRS and not sure what to do? Nationwide Tax Experts are on hand to offer you the best solution to save money and minimize that tax debt.
Millions of Americans find themselves in the same position, not knowing which way to turn, under pressure and stress, and facing a crisis with their impending…
Global Intelligent Road System (IRS) Market Size, Status, Key player:- Software, …
Market Research Hub (MRH) has recently broadcasted a new study to its broad research portfolio, which is titled as “Global Intelligent Road System (IRS) Market Size, Status and Forecast 2018-2025” provides an in-depth analysis of the Intelligent Road System (IRS) Market with the forecast of market size and growth. The analysis includes addressable market, market by volume, market share by business type and by segment (external and in-house).The research study…
New Tool Quickly Calculates IRS Settlements
Old Hickory, Tenn. - TaxProEZ, a professional tax resolution and preparation company, announces the release of a new tool that helps enrolled agents quickly by calculating settlements. Tax resolution expert Gary LaRoy is offering the tool to enrolled agents, so they can support their clients’ tax management needs.
The Internal Revenue Service (IRS) is sure to come calling when back taxes are owed. The average accountant or tax professional company may…
Edupliance Announces Webinar To Cover How to Correct IRS Forms
Edupliance announces webinar titled, “Complete Guide to Correcting IRS Forms” that aims to advise attendees on the correct way to fill Form 941, use Form W-2c to correct the employee’s year-end information as well as how to file amended return for Form 940. The webinar goes LIVE on Wednesday, May 31, from 01:00 PM to 02:30 PM, Eastern Time.
Mistakes can occur in even the most efficient and knowledgeable payroll departments!…
Global IRS Mode Selector Module Assemblys Market Research Report 2017
Summary
This report studies IRS Mode Selector Module Assemblys in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering
Company One
Company Two
Company Three
Company Four
Company Five
Company Six
Company Seven
Company Eight
Company Nine
Company Ten
Company 11
Company 12
Company 13
Company 14
Company 15
Company 16
Company 17
Company 18
Company 19
Company 20
Get Sample Report @ http://www.reportbazzar.com/request-sample/?pid=810017&ptitle=Global+IRS+Mode+Selector+Module+Assemblys+Market+Research+Report+2017&req=Sample
Market Segment by Regions, this report…
CW Associates CPA's Hawaii: Modernizing Fax Filings with the IRS
Federal and state agencies, including the court systems, are modernizing by allowing the electronic filing of petitions and other court documents. For example, Alabama, Texas, Illinois and Missouri have e-filing systems for court petitions. In 2014, two federal courts (2nd and 9th Circuit Courts of Appeals) piloted an e-filing program for all courts in which the user is authorized to file electronically. The program is expected to become national in…