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Press Release2019-07-02T11:48:42+00:00
2209, 2017

Expert Advice from Dean Michael the Tax Doctor About IRS Tax Settlement Program (Offer in Compromise)

September 22nd, 2017|Categories: Blog, Press Release|0 Comments

This IRS Fresh Start Program could be a great way to settle your tax debt, but it's not for everyone so don't believe the hype. They say there are two things in life you can't avoid death, and taxes. But, every year, thousands of people fail to pay their due to the IRS. Today, the television, radio, magazines, and newspapers are filled with ads from companies who claim they can help you settle your tax debts for a fraction of what you owe. The program all these advertisements are referring to is the IRS Offer in Compromise program or OIC. The [...]

2208, 2017

Expert Commentary from Dean Michael The Tax Doctor about the Huge Chasm Between Republicans and Democrats When It Comes to Tax Legislation

August 22nd, 2017|Categories: Press Release|0 Comments

Recently, a number of Democrats reached across the aisle to their Republican counterparts in an attempt to work together regarding tax reform. However, they stated if Republicans want to work together to create a workable piece of bipartisan legislation, there were three important conditions they would have to agree to. First, the legislation would need to be drawn up via the regular committee process. Second, the new legislation must cut income taxes for middle-class families without doing the same for those in the high-income bracket. Finally, any changes to the tax laws must not reduce the current amount of tax [...]

1209, 2016

Monthly installment methods of tax to IRS

September 12th, 2016|Categories: Press Release|0 Comments

In life there are two things which you can’t halt; one is the death and other is the tax. While death is inevitable, there are ways to deal with the tax even if you are caught in a vicious circle of life. Do you think that IRS is wreaking havoc in your life and you are totally at its mercy?  From individual to business tycoons everyone in life tastes the bitter experience with the IRS because not everyone is aware of how and when to deal with the IRS as not everyone has deep knowledge of finance and taxes. Failing [...]

2208, 2015

Mistakes Filing Taxes Could Cost Independent Contractors $200,000

August 22nd, 2015|Categories: Press Release|0 Comments

“The fact is that most independent contractors have no clue as to how to file their taxes, what filing status best meets their needs, or what business structure (sole-proprietorship, LLC, or Corporation) is best suited for them,” said tax relief expert, Russ Pierpont. “Even more daunting is the fact that a minimal percent have a clue as to what expenses are eligible and what will red flag a filing for an audit.” […]

1208, 2015

According To Industry News, 3 Well Known Tax Firms Have Gone Under

August 12th, 2015|Categories: Press Release|0 Comments

People have seen their commercials on TV for years. Roni Deutch, Tax Masters and JK Harris were well known tax resolution firms. A recent report on Daily Finance illustrated Roni Duetch may earn jail time. According to an article on The Post and Courier JK Harris is liquidating it’s assets and of course Tax Masters has been ordered to pay more than $195 million in penalties for defrauding it’s clients according to an article written by Fox Business. […]

1208, 2015

Mysteries of Tax Resolution Unveiled

August 12th, 2015|Categories: Press Release|0 Comments

I have spent the last 17 years in the tax resolution industry watching the evolution of changes made within our tax system and the industry itself. I’ve learned there are basically 3 different groups of tax resolution companies. […]

1208, 2015

Important “Red Flags” IRS looks for when considering an audit?

August 12th, 2015|Categories: Press Release, tax-services|0 Comments

One of the worst things anyone can do when receiving an examination letter from the IRS is to ignore it. IRS will inevitably follow through with their proposed assessments if not contested. Dean Michael recommends professional representation for all examination inquiries. It is a common belief that if no wrong doing occurred, being completely honest with the IRS should eradicate the problem at hand. This is definitely the wrong thing to do. It’s not that taxpayers should be dishonest with the IRS but information given to them may be used in a manner for which it was not intended. Taxpayers [...]

1208, 2015

Do You Owe Back Taxes? Find out What it Takes to Qualify for a “Pennies on the Dollar Settlement” Tax Help MD Dean Michael Explains the Formula for Offer Amounts

August 12th, 2015|Categories: Press Release|0 Comments

Although the financial analysis guidelines used to determine eligibility for this program drew significant criticism from the tax payer advocate dept. Its original concept was to grant financially distressed taxpayers an opportunity for settlement on back taxes owed. However with the onslaught of offers being submitted to IRS, it would take 12 to 14 months for a taxpayer to go through the application process. Due to this lengthy processing time, this clean slate program also became one the most abused avenues of relief by delinquent taxpayers. Taxpayers who owed back taxes could essentially get a 1 year extension to pay [...]

1208, 2015

Reports on 2013 Sequester Tax Changes To Be Aware Of

August 12th, 2015|Categories: Press Release|0 Comments

The tax experts at Tax Help MD are setting the record straight for the many Americans who may be wondering what jumping off the Fiscal Cliff means, and how it affects their taxes in 2013. The professional tax negotiators at Tax Help MD are advising tax payers to take control of their taxes and make the necessary changes, even if they don’t know when the ‘Fiscal Cliff’ turned into ‘Sequestration’. […]

1208, 2015

Tips for Last Minute Filers

August 12th, 2015|Categories: Press Release|0 Comments

Tax help is running out with the April 15 tax deadline coming up, and the filing process alone can be — well — taxing. There’s a reason that this synonym for “stressful” was derived from the same word used to describe the money Americans shell out to the federal and state governments every year. According to the tax specialists at Tax Help MD, it is no wonder that Americans would do everything in their power to either ignore it or make it go away. […]