Rancho Santa Fe Tax Resolution Services

A sign greets motorist as they enter Rancho Santa Fe on the Del Dios Highway

A sign greets motorist as they enter Rancho Santa Fe on the Del Dios Highway

If you live in Rancho Santa Fe and you have a serious tax problem either with the Internal Revenue Service or the state of California, the Tax Resolution Institute combines a record of experience and expertise in relation to providing genuine tax relief. Whether you have a personal income tax debt or a delinquent payroll tax debt, the Tax Resolution Institute can help carve out a path for you that will resolve your tax problems and restore your financial freedom.

Rancho Santa Fe residents and companies have suffered in the recent economic downturn. The combination of a high cost of living and the financial difficulties of the state of California has resulted in a number of challenges. At the Tax Resolution Institute, we have seen such problems before and we know how to resolve the tax problems that seem to coincide with such difficulties. If you live in Rancho Santa Fe and you have serious income tax problems with either the IRS or the California Franchise tax Board, contact us today for help.

Rancho Santa Fe is a census-designated place (CDP) in San Diego County and an unincorporated bedroom community of San Diego. At $245,631, it is one of the highest income communities in the United States with at least 1,000 households. The CDP is primarily residential with one shopping avenue as well as several private schools. In Rancho Santa Fe, homes tend to be situated on uncommonly large lots, reflecting the wealth of the residents.

Forbes magazine reported Rancho Santa Fe as having the third most expensive ZIP code in the United States, and most expensive in California, with a median home sale price of $2,585,000. The United States Postal Service refers to all homes in the 92067 and 92091 ZIP codes, as well as many of the communities in the 92127 ZIP code, as “Rancho Santa Fe”. Of course, tax problems abound in all the zip codes, regardless of whether they are part of the CDP or not.

According to a recent estimate, the median income for a household in the CDP was in excess of $200,000, as is the median income for a family. The per capita income for the CDP was $113,132. Despite such affluence, income tax problems have become an all-too common reality in Rancho Santa Fe. As the California economy has slid into a morass and home prices have dropped, many families have found themselves caught between a rock and a hard place. If you live in Rancho Santa Fe and you are experiencing back income tax problems with either the Internal Revenue Service or the California Franchise Tax Board, it is a mistake to hope the problem will just go away; the simple truth is that it will not. If you take the action and contact us, we can help with a free consultation.

Although TRI avoids politics, a powerful tax and financial lesson in Rancho Santa Fe recently came out of the political scene. Counted as the 50th congressional district in the country, Rancho Santa Fe’s representative, Randy Duke Cunningham, resigned from the House of Representatives on November 28, 2005 after pleading guilty to federal charges of conspiracy to commit bribery, mail fraud, wire fraud, and tax evasion for underreporting his income in 2004. Cunningham’s corruption first came to light when he bought his Rancho Santa Fe house largely with the proceeds of the sale of his Del Mar home for an inflated price. Like many Rancho Santa Fe residents, Randy Cunningham was living beyond his means, and the result was a tax crisis that derailed his life. This does not have to happen to you if you contact the Tax Resolution Institute.

The small downtown area of Rancho Santa Fe is the site of offices of financial firms, restaurants, and small stores. A majority of business ventures in California in general and in Rancho Santa Fe in particular have been affected by the recent economic downturn. From such difficult circumstances, it is not surprising that delinquent payroll tax problems arise. When your business experienced such a crisis, you may have made the mistake of a temporary loan from the payroll tax withholdings in order to cover unexpected expenses. Such a choice can be nothing less than the beginning of the end for a company because either the IRS or the California Employment Development Department will close your doors and hold you personally responsible. In fact, they can levy your bank accounts and seize both your business and personal assets to cover a payroll tax debt.

Without question, the Tax Resolution Institute is the preeminent tax resolution firm when it comes to addressing both back income tax problems and payroll tax debts in Rancho Santa Fe. With our excellent record of zero client complaints and the offer of a free consultation, the best action you can take is to take the first step. What remains so frustrating is nothing seems to be more paralyzing than a tax debt. From experience, we know it is not going to just go away. If you want to restore your financial independence and get back on the right track, please take that necessary step now and contact us today.