Be Careful Who You Trust: You think you can trust your good friends and even your family. Many people hire their family members as their Accountants and Bookkeepers. But this can be a fast track to debt.

Famous Example: Recently, Dancing with the Stars winner and race car driver Helio Castroneves was caught by the IRS. He had failed to report $5.5 Million in income to the IRS and is being charged with Tax Evasion. He and his sister, whom he hired as his business manager, will be taking the wrap. If rich and famous people cannot escape the scrutiny of the IRS, so what can you do?

Take Responsibility: First, you need to realize you are responsible for your own debt. The IRS is not going to put the blame on your Accountant or your Bookkeeper alone. You both may take the blame, but it will not be your Bookkeeper alone. With that in mind, you need to make sure you:

-Hire someone reputable.

-Hire someone with experience

Scam Alert: There are a lot of Tax Professionals out there who are only out to make a buck. Here are some things to look out for:

-Retainer Fee: In a nutshell, this means the company can change the price later in the contract. Avoid any company that uses the term “Retainer Fee.”

-Pennies on the Dollar: A lot of companies will tell you it’s simple to settle your IRS Debt for pennies on the dollar. But the reality is, that program is only for a tiny percentage of people who are in debt to the IRS.

Doing it Yourself, the lowdown: Being your own Bookkeeper is not as hard as it seems. It will require you to stay organized and keep track of all your important paperwork and expenses. This means basically keeping everything you think is potentially important. If you have any questions about what you should keep for your files, try getting in touch with a reliable professional for guidance.

Now You Have The Smoking Gun…Use it!

Richard Close was an IRS-Hitman. He worked as a revenue officer for the IRS and his father was the head of the collections branch for 30 years; so it runs in the family. He left that behind and now he’s partnered with Tax Defense Network to help thousands of Americans with their tax problems. He gives the tips and tricks for you to fight the IRS and win! Visit him at: http://irs-hitman.blogspot.com or http://www.taxdefensenetwork.com or contact: email irs-hitman@taxdefensenetwork.com or 1-888-248-9058.

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