Frequently Asked Questions
I keep hearing the phrase “tax relief.” What is this?
It is a little known fact that the Internal Revenue Service offers a program called Offer in Compromise where under certain circumstances, tax payers can resolve outstanding tax liabilities for less than the actual amount which they owe. While the IRS does not proactively market this program to the public (for obvious reasons), tax relief is completely legal and is available by law to those who qualify.
What is an “Offer in Compromise?”
In layman’s terms, an Offer in Compromise is a proposal to the IRS to reduce and resolve your tax burdens for less than you owe based on the doubt that the IRS will be able to collect the full amount owed to them within the statute of limitations which is 10 years. In the event you qualify after we review your situation, Tax Tiger will prepare and submit an Offer in Compromise designed to make the strongest case possible for the IRS to accept an amount of money which is a fraction of the total amount you currently owe.
How does Tax Tiger go about helping me?
After you complete your due diligence, the first step is to engage our services and become a member of the Tax Tiger family. You would then grant us something called a “limited power of attorney,” which means you have appointed us to be your representative in matters dealing with the IRS, and/or other taxing entities you may be dealing with. Tax Tiger will work with you to answer all of your questions and explain what we will be doing on your behalf every step of the way. The first step is to get you out of the uncomfortable position of having to deal directly with the IRS which is highly stressful for most people, and which often results in your problem getting worse rather than better. Once retained, we act as your advocate and become the primary contact in your dealings with the IRS.
As part of this service, we take over all correspondence with the IRS. Our job is to act as a buffer between you and the IRS so you can get back to focusing on the things that are important to you, rather than devoting so much time, energy and stress attempting to contact, discuss and work out a resolution with the IRS on your own. As an ethics/faith-based company we look at helping you as a sacred mission. To this end, we regularly build long-lasting connections with our clients built on trust and mutual respect. Once we acquaint ourselves with the details of your case, we contact the appropriate taxing agencies on your behalf with the aim of stopping and preventing their collection activities such as calls, letters, liens, garnishments, etc. Our job is to provide you with the best possible representation by putting our experience and specialized knowledge of the law to work on your behalf. The ultimate goal is to achieve the best possible outcome which often results in resolving your case for a fraction of the amount you currently owe, or in some cases repayment terms you can afford. We also can prepare and file unfiled back tax returns on your behalf as needed.
How are you compensated?
Tax Tiger charges a flat fee which is often considerably less than that charged by many of the “big name” tax reduction firms. How can we provide superior service, achieve better results, and still charge less? The answer is simple. We don’t spend millions on television ads to attract new business. Instead, we invest the bulk of our resources into developing a high quality team of professionals who are dedicated to helping you achieve the best possible results. If we are asked to prepare tax returns, these are priced separately based upon the complexity of each client’s situation.
Why shouldn’t I just use my own CPA or attorney to help me with my IRS tax problem?
Although you may have a good relationship with your CPA or attorney, the reality is that most handle only a few IRS issues each year, and some never handle any IRS issues at all. By contrast, helping clients with tax related issues is what Tax Tiger does every day, all year long. Our expertise goes far beyond that of the typical CPA or attorney, who are typically not familiar with the ever-changing myriad of laws, rules, and regulations that make up our nation’s tax laws. Given the serious ramifications of an IRS tax issue, we believe you are more likely to achieve the most favorable outcome by utilizing the services of a firm like Tax Tiger which specializes in helping individuals and businesses favorably resolve complex tax issues.
How can I know if my situation qualifies to have my tax bill reduced?
Due to the complexities of the tax law, it takes a company like Tax Tiger which specializes in complex tax issues to know for sure. We understand the guidelines used by the IRS and our team is trained to understand the applicable laws. Once we hear the specifics of your case during your free consultation, and we complete a financial analysis, we can quickly inform you whether or not you qualify for a reduction in your tax obligation. Should this not prove to be the case, we will inform you about your other options, so you can take the best course of action given your specific situation.
How much money can I save by using a tax representation company?
Some companies toss out wild claims to entice you to sign up for their services. As an ethics/faith-based company, Tax Tiger prefers not to “shoot from the hip” without having all the appropriate information. While it’s not possible to predict the outcome of your case without speaking with you first, Tax Tiger can document that we have one of the highest Offer in Compromise success rates in the tax resolution field. As mentioned on our home page, we are able to document that we have saved our clients more than $20,000,000 in back tax liabilities, penalties, and interest.
I waited too long to seek help from a tax representation firm and the IRS is breathing down my neck. How quickly can you start to work on my behalf?
Dealing with the IRS is a frightening and intimidating experience. For this reason, many people and companies routinely put off taking action on their IRS issues until the last minute. Since you are reading this, it is likely you need assistance right away. Upon hiring Tax Tiger as your tax representation firm, we will roll up our sleeves and begin to work immediately on your behalf. In some cases, we are able to remove levies in as little as one day.
How much do you charge for your services?
Without knowing the specifics of your case it is not possible to answer this question at this time. However, after speaking to you and learning about your specific situation, we will gladly provide you with our fees, which are often as much as 35% less than what the “big name” firms charge.