Monthly Archives: October 2018

Is the Tax Resolution Market Saturated?

Do you think the tax resolution market is too saturated?
I get this question all the time.  Instead of the myth, let’s look at the facts.

The Real Facts:

There are only 3,500 to 4,000 firms nationwide that are doing tax resolution today in any meaningful way. But only 200 of those firms do tax resolution as their number one source of revenue.  So, the majority, over 90% of firms view tax resolution as just “something they do” if one of their clients’ needs help. In other words, they don’t invest a lot in marketing this service. They have traditional practices with very little emphasis on IRS Representation.

However, there are 14 million taxpayers in the IRS’s collection division right now that have an IRS tax debt large enough to warrant professional representation.  19 million people owe the IRS $391 billion dollars right now.  There has never been a time that more taxpayers are in trouble with the IRS than right now!

If you want to learn more Facts vs. Myths regarding getting into tax resolution, watch the video above.

Why We Don’t Make Promises We Can’t Keep

No matter how much you prepare, you can never control the outcome of something. This isn’t to suggest you can’t aim for a certain outcome. We should always do the legwork, putting in the time to prep and research as much as possible. But while you should commit time to preparing, you can’t become married to a certain result. Expectations are resentments under construction. Continue reading