Playing Everquest in 2017

[HippoNipple]

Originally Posted by BallzDeep [You must be logged in to view images. Log in or Register.]

Lol you seriously have Dunning Kruger. Quit trying to act superior by using different terms with the same general meaning - "I don't do debt consolidation, I do Tax Resolution." Spoken like a true debt consolidator.

Debt consolidation services is for poor people that have too much credit card debt they can't pay. You are dealing with people that may be considering going bankrupt and helping them pay back debt by negotiating the debt down. It is a miserable business and has absolutely nothing to do with taxes.

Tax resolution and debt consolidation both have to do with owing someone money but that is where the similarities end. People requiring tax resolution are very successful or they wouldn't be in a situation where they owe a lot in taxes in the first place.

When people make a lot of money, sell businesses, maybe have a capital intensive business they can mess up a lot of things when doing their taxes.

I do financial planning and we had a client seek out tax advice for their company. The CPA went back 3 years and ended up saving her $300k and she got that all back from the IRS. The client herself is worth about $10 million. The type of clients needing tax resolution vs debt consolidation are not comparable.

[HippoNipple]

The work is also not comparable.

Looking through peoples balance sheets, income statements, company structure, how they pay their employees, retirement plans and tax returns to make sure things are properly depreciated or manipulating cash flows for better tax treatment is different from calling Visa and begging them to reduce the debt because your "client" is a crack head that won't pay the full debt.

[Ragnaros]

being rich is overrated

[BallzDeep]

Originally Posted by HippoNipple [You must be logged in to view images. Log in or Register.]

Debt consolidation services is for poor people that have too much credit card debt they can't pay. You are dealing with people that may be considering going bankrupt and helping them pay back debt by negotiating the debt down. It is a miserable business and has absolutely nothing to do with taxes.

Tax resolution and debt consolidation both have to do with owing someone money but that is where the similarities end. People requiring tax resolution are very successful or they wouldn't be in a situation where they owe a lot in taxes in the first place.

When people make a lot of money, sell businesses, maybe have a capital intensive business they can mess up a lot of things when doing their taxes.

I do financial planning and we had a client seek out tax advice for their company. The CPA went back 3 years and ended up saving her $300k and she got that all back from the IRS. The client herself is worth about $10 million. The type of clients needing tax resolution vs debt consolidation are not comparable.

I agree with all this but debt is debt and people who can't pay their debt aren't wealthy. For example, the dealership I'm partnered with made 1.6 million last year, it was a little over 400k in taxes for the year. No tax resolution was needed. When it gets to the point of "resolution" you aren't very successful. Resolution isn't for successful people at all. As you just said most companies who aren't in the shitter use a CPA or Tax Prep. People make mistakes but a 1040X isn't too complicated and so many online services nowadays to amend any issues. Do a basic google search of "Tax Resolution" and it is basically the same kind of marketing/services as debt consolidation with the only differences being one is a tax debt, the other is personal/business debt.

Forbes article on "Tax Resoluton" - https://www.forbes.com/sites/stephen.../#5ae8ce966da7

[BallzDeep]

Basically the article says these services pray on people without ever really doing shit. They do so in most cases by obtaining your information illegally. The article closes with "Who would hire a tax attorney anyway" as a sarcastic poke that Tax Resolution isn't a very legitimate job.

[AzzarTheGod]

Originally Posted by BallzDeep [You must be logged in to view images. Log in or Register.]

Basically the article says these services pray on people without ever really doing shit. They do so in most cases by obtaining your information illegally. The article closes with "Who would hire a tax attorney anyway" as a sarcastic poke that Tax Resolution isn't a very legitimate job.

goy need help with their taxes by any means necessary.

running negative articles slandering the help these brave few tax attorneys are breaking the law to give them that help won't change that.

[heartbrand]

This guy still writing essays about something he knows nothing about? Cringing hard

[Quiet]

Thought about logging in...... Didn't.

[BallzDeep]

Originally Posted by heartbrand [You must be logged in to view images. Log in or Register.]

This guy still writing essays about something he knows nothing about? Cringing hard

Guess google doesn't know either. No wonder your seeking approval online.

[BallzDeep]

Originally Posted by heartbrand [You must be logged in to view images. Log in or Register.]

Not sure why I'm bothering explaining this but I'll try nonetheless.

My particular field is Tax Resolution, which is easiest explained as settling or negotiating peoples IRS and/or State Tax liabilities.

Ill help you.

https://www.google.com/#q=Tax+Resolution&*