FAQs

Our team of professional Tax Resolution specialists at the Tax Resolution Institute understands the difficulties and troubles associated with being on the IRS or any other tax agencies “most-wanted” list. We are here to help you find the freedom you deserve. While we offer answers to the most frequently asked questions below, we encourage you to call us and speak directly to our Tax Resolution experts.

Free Consultation!
We can’t help until you contact us. Click here to fill out our simple
Tax Resolution form

Who is eligible for Tax Relief?
Almost everyone who owes back taxes is eligible for some form of relief. The Tax Experts at the Tax Resolution Institute know your rights and the intricate rules and regulations of the IRS. From releasing a wage garnishment to negotiating a settlement, they will provide a fast and accurate solution to your problem. Remember, the IRS is not your friend and is under no obligation to advise you of any remedies that may be available to you.

The contract we depended on did not come through, and my company is quite behind on the payroll taxes. Should I be worried about my personal liability?
Absolutely. The IRS imposes a civil liability on business owners, and this 100% penalty is called the Trust Fund Recovery penalty. It is imposed personally (even if you are incorporated) against the so-called “responsible person(s)”. These parties tend to include all the signatories on the business bank accounts, whether they are responsible or not for the unpaid payroll taxes.

I owe income taxes, but I haven’t filed returns for the last three years. What should I do?
The Tax Resolution Institute will help you file all delinquent tax returns to bring you up-to-date. You must be current (in compliance) on your tax filings to qualify for such tax resolution. After fulfilling all compliance regulations, we will help you negotiate the best Offer in Compromise or Installment Agreement as applicable to your tax situation.

I had to relocate for a new job and lost all tax information necessary to file my Income Tax Returns. Can you help?
At the Tax Resolution Institute, we are able to obtain transcripts from the IRS and your local State tax agency. This tax information will assist us in filing all tax returns necessary to bring you back in compliance.

How can the IRS collect money from my company or me?
The IRS has tens of thousands of Revenue Collectors, and they constantly are adding more to its collection division. Given the recent economic crisis in the United States, the IRS and the individual states are looking to fill the empty coffers by collecting back taxes already owed. The IRS can file a Federal Tax Lien against all your assets; levy your bank accounts and/or garnish your wages; seize your home, investments, retirement, cars, business, or anything of value and dispose of them through an auction sale.

Should I deal with the matter myself?
Whether you are a candidate for an Offer in Compromise, an Installment Agreement or a variety of other administrative remedies, the IRS scrutinizes each case very closely. If your proposal is not accurate or complete, you may wind up being rejected or paying much more than you should. Our clients find that working with a company like the Tax Resolution Institute that specializes in settling tax debt, not only saves them a lot of time and paperwork, but also significantly reduces their payments. Our Tax Resolution experts specialize in dealing with the IRS. Not only do we know the complex rules and regulations — the trade secrets, – but we also have trusted contacts and connections based on years of respected service and experience.

How much could I save if I took advantages of services provided by the Tax Resolution Institute and how long does it take for my tax issues to be resolved?
The answer to this question depends on the different variables of your specific situation. Your total assets, income, and expenses all factor into our analysis. In an average case, we save tens of thousands of dollars for our clients. In the last 12 months we have settled many cases including a $1.5 million debt for $5,000, a $500,000 debt for $1,000, a $279,000 debt for $1,000, and more! To get an assessment of your particular situation, contact us and speak directly with one of our Tax Resolution Experts.

Where is the Tax Resolution Institute located?
With offices in Los Angeles, Orange County, and San Diego, the Tax Resolution Institute is based in Southern California. As a result, the CPAs and Tax Attorneys at the Tax Resolution Institute have extensive experience dealing directly with California tax issues and tax problems.

Why does the IRS want to settle?
In the majority of cases, a taxpayer is unable to by pay their full debt to the IRS, particularly when the penalties and compounded interest are included. Since the IRS is dealing with millions of taxpayers, it is in everyone’s best interest to settle: the IRS will get part of what is owed to them without protracting the process. The IRS often is eager to settle a case before the statute of limitations expires. In addition you will become current with the system as a taxpaying citizen in compliance.

Free Consultation!
We can’t help until you contact us. Click here to fill out our simple
Tax Resolution form

Are you CPAs or Attorneys?
The Tax Experts at the Tax Resolution Institute are a team of professional Certified Public Accountants and Attorneys. Each professional member of our tax team has years of experience in handling any tax issues you may have. We stay on top of all current laws and tax codes so we are able to help you effectively address your tax problems.

Why can’t my CPA or Attorney handle this?
The majority of CPA’s and tax attorneys are trained only in the area of assessment. That is, they prepare tax returns and handle tax audits, but very few are versed in the area of tax collection and the resolution of back tax debts. With ample years of experience in handling tax collection, we have the knowledge and familiarity with the documents and procedures to work with the IRS in an efficient and effective manner. In addition, unlike the majority of tax resolution companies like the late night advertisers, we have the experience and expertise to specifically diagnose your tax problem and offer a workable solution.

What is the best way to contact Peter Stephan and the Tax Experts at The Tax Resolution Institute?
Call us now at (877) 829-8370 or fill out our free consultation form, which is available online 24 hours a day.

What if I have other questions?
As part of the process, open lines of communication are a necessity. We maintain a policy of being available and present for our clients. As such, you always should feel free to contact our tax experts who will answer your questions throughout the process.