Does an IRS Tax Debt Keep You Up at Night?

Sunday, 18 November 2012 23:56 by David Yarborough
A good night's sleep is just a call away. Get out from under the crushing burden of IRS tax debt and eliminate those sleepless nights.
Your IRS debt weighs heavily on your mind. The stress and anxiety from aggressive IRS collection tactics like bank levies and wage garnishments cause many taxpayers to wrongly assume they have limited options. Let The Yarborough Office help you take back control of your future and become Tax Debt Free. Call us at 1-800-270-8616 today.
 
 

Family Living Tax Debt Free Thanks to The Yarborough Office

Thursday, 1 November 2012 23:53 by David Yarborough

The Yarborough Office just negotiated a $432,262 tax reduction for a client and now this family is happy and living tax debt free!

A young self-employed contractor was audited by the IRS and assessed an additional $345,820 in tax liabilities.  The North Carolina Department of Revenue (NCDOR) assessed him $89,723 in additional tax liabilities.  He and his family were devasted.  Enrolled Agents at The Yarborough Office controlled collection activities, kept him protected and negotiated settlements for both the IRS and NCDOR tax debts.  The IRS case was settled for $2,400 and the NCDOR case was settled for $881 - that's a $432,262 tax reduction! 

 

 

Client Settled Large Tax Debt for a Little Thanks to The Yarborough Office

Wednesday, 3 October 2012 01:23 by David Yarborough

 More Good News!  Another client living tax debt free!

The Yarborough Office just negotiated a $230,310 reduction for a client! 

(September 2012)  A client came to The Yarborough Office owing $230,310 to the North Carolina Department of Revenue, from a failed business venture.  The State of North Carolina assessed a large outstanding business tax debt to him personally.  The Enrolled Agents at The Yarborough Office negotiated an Offer in Compromise with the State and settled his large tax debt for $5,000 - saving our client $230,310.  He has paid his Offer in Compromise in full and is now living tax debt free!

 

The Yarborough Office Helps a Business Owner Save Almost a Million Dollars

Monday, 1 October 2012 01:07 by David Yarborough

 Good News! 

A business owner saves $981,915 in unpaid IRS taxes with the help of David Yarborough and The Yarborough Office!

 (August 2012)  This businessman owed IRS Trust Fund taxes from unpaid payroll taxes in the amount of $1,162,885.  Enrolled Agents at The Yarborough Office were able to negotiate with the IRS on his behalf and the IRS accepted an offer of $180,970!  His debt is now paid and all liens removed.

 

 

 

The NAEA Addresses Older Tax Provisions

Wednesday, 12 September 2012 23:50 by David Yarborough

In a recent press release announcement last month, the National Association of Enrolled Agents (NAEA), the organization that powers America’s tax experts, states they will focus efforts on tax code provisions that need reform. 

“The problem is that certain tax code provisions have been treated as ‘set it and forget it’ by Congress,” said NAEA Government Relations Chair Lonnie Gary, EA, USTCP. “Millions of Americans are paying taxes based on rules that were created in financial environments that no longer exist.”

Click here to read more at NAEA online.

At Yarborough Professional IRS Debt Solutions, our firm of specially selected senior tax consultants, including David Yarborough, are all former IRS employees who have helped thousands of people get a fresh start.  We clearly know the "IRS system" and how to make it work to your advantage.  It's not to late to stop the IRS.  Call us today at (800) 270-8616 and together we will figure out a solution that is right for you.

What to Do If IRS Issues a Tax Levy

Wednesday, 18 July 2012 00:16 by David Yarborough

We talk to many good people who are experiencing tax levies - wage garnishments, income levies, or bank levies.   Obviously they feel overwhelmed, unsure of what to do next, and fear there is no way out.  The IRS is powerful, and the uncertainty of their next move can create a tremendous amount of anxiety. 

A tax levy is a powerful tool for the IRS to collect delinquent back taxes owed.  Remember, the IRS is an unwilling lender.  The IRS and State Department Revenue agencies are creditors who have the authority to forcibly seize assets to clear up back tax debts.  Generally, the IRS will levy bank accounts and income sources. 

The taxpayer must be proactive to correct and avoid any tax levies.  The IRS will use different levy options because the taxpayer is unresponsive, or the taxpayer is not complying with what’s been asked of them.  It helps to know the IRS system, and collection process of the IRS and State to avoid any levy actions.   Important factors – taxpayer must be compliant with any required tax return filings, must be current with any required tax deposits, taxpayer needs to be proactive in addressing the tax debts… but cautious to best position themselves to successfully manage the IRS collection actions and avoid any IRS levies.

For over 33 years, our firm has built a reputation as a strong, reliable resource for people with tough IRS tax problems.  We act as an experienced advocate to proactively seek protection for our clients’ hard earned income and assets.  If you have received and Intent to Levy call us today at (800) 270-8616 and together we will figure out a solution that is right for you and those involved (family members and others).  

 

Find out more by reading IRS Levy Testimonials from Yarborough Professional IRS Debt Solutions.

 

Avoid Tax Scams

Friday, 6 July 2012 23:51 by David Yarborough

Participating in an illegeal scheme to avoid paying taxes can result in imprisonment and fines, as well as the repayment of taxes owed with penalties and interest.

Common abusive tax scams include anti-tax law, home-based business, trust and off-shore schemes.  Read IRS:  Beware of 'dirty dozen' tax scams by CNN Money for more details. 

 

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Frivolous IRS Tax Arguments

Wednesday, 20 June 2012 00:11 by David Yarborough

No matter how some things are sliced, they are still baloney.  If someone tells you that you don't have to pay taxes, check out The Truth About Frivolous Tax Arguments.  This IRS.gov exclusive article addresses some of the most common false "legal" arguments made by those opposed to compliance with the federal tax laws.  The article explains what can happen and what penalities are imposed on those who pursue frivolous cases.

What to Do If You Didn't File Your IRS Return on Time

Wednesday, 25 April 2012 00:34 by David Yarborough

If you missed the tax deadline, the IRS will still accept your return, however there may be penalities involved.  If you procrastinated because you cannot pay your taxes, pay as much as you can.  A monthly installment plan may be an option for your total amount owed. 

Read more in this article from MSN Money What to do if you missed the tax deadline

At Yarborough Professional IRS Debt Solutions we act as an experienced advocate to proactively seek protection for our clients hard earned income and assets. 

 

About Yarborough Professional IRS Debt Solutions

Thursday, 22 March 2012 00:14 by David Yarborough

Our firm focuses exclusively on solving and resolving IRS debt problems for individuals and businesses.

We provide aggressive strategies to manage our clients' IRS debt. Depending on the individual case, we may:

  • Make payment more affordable
  • Negotiate reduction opportunities and in the best-case scenario, totally eliminate the debt
  • Protect our client's cash flow
  • Manage IRS collections actions such as levies, liens, property seizures, even criminal charges

With straight talk and real answers, we handle what we do best...transfering the burden of your tax debt onto our shoulders so that you can focus on what you do best in your own career.

Our goal is to give you a FRESH START so that you may become TAX DEBT FREE!