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.