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Richard Siskey to Investors: Know When to Exit

December 14, 2011 By Leave a Comment
Richard Siskey

Richard Siskey

Part of business ownership, according to business and entrepreneur Richard Siskey, is knowing when to exit. No matter what your role as a stakeholder in a business, knowing when to get out is as important as knowing when to begin. With more than three decades of experience in the business, Charlotte, NC native Richard Siskey has seen many companies sell for millions within just a few short years of beginning.

The key is to have your exit planned in advance. By creating specific deadlines and financial milestones, you’ll have a timeline to give company owners and future investors, Richard Siskey says. By doing all this while you’re setting up your company, you’ll be able to better plan and strategize, Richard Siskey believes although he cautions that you may end up exceeding your goal!

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Instant Tax Solutions | Understanding Tax Liens

December 5, 2011 By Leave a Comment

Instant Tax Solutions

Instant Tax Solutions

For the indebted taxpayer, nothing can be more stressful than receiving repeated warnings from the IRS. But even when the IRS has levied a lien against a taxpayer’s assets, it isn’t necessarily permanent. Instant Tax Solutions regularly works to help taxpayers remove liens placed by the IRS. Instant Tax Solutions’ co-founder, Byron Pedersen, recently stopped by to talk to A Gathering of Experts about IRS tax liens.


Instant Tax Solutions complaints found online continue to remain unverified. The firm understands that all businesses involving financial services are going to be subject to some complaints; however, Instant Tax Solutions complaints found online all seem to trickle from one central source. The reason behind these Instant Tax Solutions complaints is still subject to debate, but one might suppose that an angry ex-employee or an individual looking to steal the firm’s business maybe behind the complaints. Instant Tax Solutions requests that taxpayers contact the Better Business Bureau for honest and legitimate information regarding the firm before they believe everything they read online.

 

A Gathering of Experts: How does a taxpayer know a lien may be coming?

Byron Pedersen: Think of a lien as a mortgage. It establishes the IRS as an owner of a taxpayer’s particular assets. For this to happen, the IRS must first assess an individual’s tax liability and request payment from the taxpayer. If payment isn’t made, the IRS must then determine that payment is being refused. Once these steps have been followed, the IRS can begin collections procedures. Instant Tax Solutions has found that by the time a lien is placed, a taxpayer has already refused to pay and been warned that collections will be taking place.


Instant Tax Solutions says complaints about the confusing nature of IRS forms are growing. The IRS uses forms that often include many boxes that confuse some taxpayers, says Instant Tax Solutions. Complaints usually come from elderly or visually impaired taxpayers who struggle with all of the information that appears. According to Instant Tax Solutions, complaints are legitimate and the IRS is aware that sometimes their forms may be confusing. By contacting the IRS, many taxpayers may be able to have large type forms sent to them directly. One way to mitigate complaints, says Instant Tax Solutions, is to utilize the services of a reputable tax agency.

 

A Gathering of Experts: Once a lien has been placed, do taxpayers have any recourse?

Byron Pedersen: The IRS wants its money, so is usually willing to work with taxpayers. Instant Tax Solutions can help clients set up payments in affordable installments. The IRS would rather be receiving a small amount of money monthly toward the debt than nothing at all.


Sources close to Instant Tax Solutions say complaints made against the firm have no foundation in reality, and that some are simply dishonest. The firm has a reputation of delivering quality tax debt resolution services, says one employee of Instant Tax Solutions. Complaints about the quality of care clients have received in the past have been totally fabricated. One complaint about Instant Tax Solutions circulated the Internet in 2011. The person/persons making the claims has never come forward to Instant tax Solutions and the complaint is still being investigated by company co-founder Byron Pedersen.

 

A Gathering of Experts: Is the IRS legally allowed to put liens on a taxpayer’s assets?

Byron Pedersen: Provisions for liens are stipulated in the IRS tax code. The tax code states that if a taxpayer refuses to pay tax debt, the Federal government may attempt to collect all amounts owed, including penalties and fees, by putting a lien on any property or even rights to property.


Complaints to Instant Tax Solutions staff about fraudulent e-mails sent from scammers claiming to be IRS agents have increased over the last few years. It seems that e-mail and the Internet are now the preferred choice of criminals, says Instant Tax Solutions. The complaints are usually from families who are already struggling to pay back taxes. According to Instant Tax Solutions, complaints should be sent to the IRS via their website www.irs.gov. Sadly the online schemes can be harder to pinpoint that old fashioned door-to-door scams, notes Instant Tax Solutions. One complaint from victims is the difficulty in identifying criminals after they have taken their money – they often use the Internet at a local library or coffee shop to run their scam, making it hard to track them down.

 

A Gathering of Experts: Does the taxpayer have any rights to appeal the tax lien and possibly have it lifted?

Byron Pedersen: In rare cases, a taxpayer may be confused with another taxpayer, at which point a Certificate of Non-Attachment may be filed. There are also instances where the IRS has failed to follow proper protocol in placing a lien against a taxpayer. Instant Tax Solutions can help a taxpayer get the lien withdrawn in these situations.




Instant Tax Solutions offers complaint tips when dealing with the IRS.

Having trouble with the IRS? Need to file a complaint? Instant Tax Solutions, a Post Falls based tax debt resolution firm says that dealing with the IRS can be frustrating but offers these tips:
Don’t try to call during the busy days – Monday and Friday. By the time you get an answer, you will have forgotten what you complaint was, says Instant Tax Solutions. Try calling after 1:00 on a Wednesday instead. For severe issues, Instant Tax Solutions says complaints should be e-mailed so as to leave a virtual paper trail, and to have reference materials in case your complaint is escalated to a higher dept.

 

 

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Rick Siskey of Charlotte, NC Helps Businesses Appeal to Baby Boomers

November 17, 2011 By Leave a Comment
Rick Siskey of Charlotte, NC

Rick Siskey of Charlotte, NC

In his decades of business experience, Charlotte, NC’s Rick Siskey has seen many trends come and go. But as baby boomers reach retirement age, Siskey is predicting a change in the business landscape. For companies to continue to keep up, says Charlotte, NC-based Rick Siskey, it will be more important than ever to market to this key segment of the population.

Healthcare will become an increasingly in-demand business, Rick Siskey of Charlotte, NC predicts, but even companies outside of the healthcare industry can take advantage of this. Charlotte, NC businessman Rick Siskey believes the food industry, as well as health and beauty brands, should create products with senior citizens in mind. But for true success, the financial expert recommends looking ahead for the next big thing, rather than copying things others are doing. Once you’ve found that idea, says Siskey, work hard to put yourself ahead of others, going one step further than other companies. That, says Charlotte, NC’s Rick Siskey, is the key to success.

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Rick Siskey Helps Investors with Private Equity Through Angel Investing

November 15, 2011 By Leave a Comment
Rick Siskey

Rick Siskey

Financial expert Rick Siskey believes in ideas. In fact, some of the biggest successes in business today began as just one person with an idea. When an investor or group of investors believes in a small idea enough to invest in it, success is born, affirms Rick Siskey. In fact, because many small businesses do not qualify for traditional start-up funds, angel investing is often the only way for these companies to begin.

Angel investing, Rick Siskey explains, is the act of putting start-up capital into a business in return for a portion of the returns on that business. Through angel investing, investors like Rick Siskey are able to help build businesses, both through investment capital and mentorship. For investors seeking angel investment capital, Rick Siskey advises approaching investors with an explanation of how the investors will recoup their investment. He says it is important to note that these investments are not loans. Investors expect to see a return and to have a certain amount of input into what it will take to get that return.

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Instant Tax Solutions’ Co-Founder Helps Found Consumer Advocate Group

November 11, 2011 By Leave a Comment

Instant Tax Solutions

Instant Tax Solutions

Consumer advocacy is more prevalent than ever, with groups forming in order to help consumers avoid scams. For that reason, Instant Tax Solutions’ Byron Pedersen has joined with several other leaders in the field to organize the Tax Problem Resolution Services Coalition (TPRSC). The mission of the organization is to help prevent consumers from falling prey to false advertising by tax relief businesses.


Instant Tax Solutions says scams focusing on tax settlements is a growing problem in the US

There is a virtual epidemic of scams, says Instant tax Solutions, that dupe taxpayers who are behind with the IRS into paying out even more money. It’s a huge problem, says Byron Pedersen, co-founder of Instant Tax Solutions. A scam victim may be desperate and pay out big bucks to settle their debt. Unfortunately, as is the case with many “bad” companies, the money is gone and so is the taxpayer’s hope for resolving Uncle Sam’s issues. Citing information found on the Instant Tax Solutions website, scams can be avoided by thoroughly researching and proceeding with caution when choosing any financial service provider – not just tax professionals.

 

Byron Pedersen, Instant Tax Solutions’ co-founder, helped form the TPRSC, making sure the integrity he always put first in his own business was a number one priority in this new organization as well. With a model that puts the taxpayer first, Instant Tax Solutions employs more than 40 tax attorneys, former IRS agents, and accountants to help taxpayers navigate what can be a complicated filing process.


Have you been the victim of a tax debt scam, asks Instant Tax Solutions? If so, you need to know that not all tax debt settlement firms are fraudulent. According to Instant Tax Solutions, scam firms are out there, but if you take the time to research and verify the reputation of the tax attorneys assigned to your case, you can usually avoid getting hurt. According to Instant Tax Solutions, a scam isn’t always easy to spot. There are salesmen trained specifically to gain the trust of taxpayers who already owe the IRS sums of money they cannot repay. These false agents claim to have inside information about how to stop the IRS from collecting, says Instant Tax Solutions. The scam is that the information they have isn’t a secret at all. Anyone can go on the IRS’s website and easily find these companies’ “tricks.” It is, however, helpful to utilize the experience of a trusted tax professional.

 

The TPRSC will serve several purposes, the primary of which is safeguarding and educating consumers, Instant Tax Solutions’ Pedersen states. When false advertising is identified, the TPRSC can contact government regulators on both the state and federal level. According to Instant Tax Solutions, TPRSC plans to speak to media outlets about the tax relief industry, working to spread its message to the world at large. “As part of its charter, the Tax Problem Resolution Services is poised to offer up new proposals for state and federal legislation to handle unscrupulous practices in our industry,” Instant Tax Solutions’ Pedersen comments. These practices, he says, threaten the integrity of an industry that relies on consumer trust.


Instant Tax Solutions warns scams found by the IRS are using official looking documentation

The IRS is warning people that criminals are using their logo to dupe taxpayers, says Instant Tax Solutions. The scam goes something like this: A taxpayer gets an email from what they believe to be the IRS or other government agency. Instant Tax Solutions says the scam emails may have the actual IRS logo attached and may even have real contact information for the Internal Revenue Service posted somewhere in the email. In the body of the message is the contact information that points people to the scam or scammer. Instant Tax Solutions says that the fraudulent email will suggest calling a certain number, often a cell phone, to avoid a lengthy hold period. The IRS has verifiable landlines, and if you suspect you’ve been contacted by a scammer, you are encouraged to look these numbers up and report the attempted fraud.

 

The TPRSC’s members are comprised of experts from the tax relief industry, all interested in boosting the reputation of the industry. In addition to Pedersen, TPRSC founders include Tax Resolution Services’ Kathy Hill and the American Society of Tax Problem Resolvers’ Lawrence Lawler. Pedersen notes that the involvement of American Society of Tax Problem Resolvers, considered the top training and certification provider in the tax relief industry, makes him proud to be a part of TPRSC.


Phishing Scams: Instant Tax Solutions Says that it’s Time to Fight Back!

The Internet and emails are used every day to scam citizens, says Instant tax Solutions. Scams are just one of the problems facing users of the Internet and the IRS is not immune to people pretending to be government officials. According to Instant Tax Solutions, phishing scams – that is, scams that use the Internet or email to “fish” for personal information like credit card numbers – happen almost daily. Even the most advanced spam filter in the world can’t stop a trusting taxpayer from looking at an email if it spikes their curiosity, acknowledges the founders of Instant Tax Solutions. Email scams are the easiest to spot though, as the IRS does not ask for personal information via email. If you have received an email from the “IRS” asking for personal information, please contact them via the website www.irs.gov.

 

According to Pedersen, the professionals at Instant Tax Solutions have more than a hundred years of combined experience in various areas of tax preparation. With a nationwide client base, Instant Tax Solutions stands ready to assist taxpayers in sorting through tax issues and finding relief.


According to Instant Tax Solutions, scams, shams, and spam are a real problem facing taxpayers looking to settle IRS debt. One scam, says Instant Tax Solutions, involves duping tax payers in to believing they will inherit large sums of cash from recovered lottery funds, perhaps from a long-lost relative. As noted by Instant Tax Solutions, the scam is a multi-level scheme, starting with a simple email from the fake IRS agent asking for a telephone number to contact the targeted recipient of the false funds. From the initial contact, says Instant Tax Solutions, the scam is layered into a tangled web of believable information. Taxpayers are advised NEVER to offer up personal information to anyone via email.

 

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