Tax Resolution Institute was founded by a tax resolution expert named Peter Y. Stephan, a man who has made a name for himself on TV and radio over the years. They are not exactly new, as they have been active for a decade at the time of writing, but they are certainly one of the newer companies in their field and there isn't a great deal of information available on them.
About Tax Resolution Institute
Tax Resolution Institute have been helping individuals with tax issues for a decade, but their experience runs much deeper than that. The man at the helm was one of the most renowned tax experts in the United States prior to establishing Tax Resolution Institute, and he also brought some very knowledgable and talented people onboard.
The result is a company whose experience goes much deeper than its age would suggest. It's a small company and there isn't a great deal of information out there on them, putting them in league with the likes of Debt A La Carte, Trinity, and a few other companies we have reviewed before. But that doesn't make them any less effective.
- Address: 21700 Oxnard St STE 1160, Woodland Hills, CA 91367-7576
- Web Address: http://www.taxresolutioninstitute.com/
- Year of Founding: 2009
- Contact Number: (818) 704-1443
- BBB Accredited? No.
Tax Resolution Institute offer a wealth of services, all based around tax issues. They will act as consultants, advisors, lawyers and managers concerning your tax issues and will help to dig you out of whatever hole you find yourself in.
The cost of their services will depend on the amount of debt and on the individual case, but they offer a free consultation and provide competitive rates. There is also a money-back guarantee, whereby they promise to give you all of their fees back if they are unable to fix the issue presented to them.
Tax Resolution Institute are a small but highly skilled team of tax specialists. This includes Mr. Stephan, who owns the company and is a leading tax expert, and Norman J Kreisman, who is a bankruptcy expert who heads the legal department.
There are not a great deal of reviews out there for Tax Resolution Institute and this can be a concern for some customers. They have been reviewed by a couple of debt and credit sites, and they haven't looked too fondly on their practices, but actual customer reviews are few and far between.
You can't even look to the BBB page to get more information, because they only opened a BBB file in the summer of 2018, some 10 years after the company was founded, and at the time of writing they have yet to receive a rating. There are also no complaints or reviews currently on their BBB listing.
Tax Resolution Institute Review
With limited information available on this company, we have asked our researchers to dig a little deeper and see if this is a company that we can recommend.
Vastly Experienced Staff
When it comes to tax related debt and other tax issues, you will struggle to find a more experienced individual than the man at the helm of Tax Resolution Institute. However, this is a growing company and he is just one man, so whether he will be the one assigned to your case is a different matter.
The good news is that he does seem to get involved in many aspects of the day-to-day running of the company, so his advice should be felt at some point during your time with them.
Free consultations are always a plus, as they allow you to get a full rundown of the services and the cost relating to your exact issue. You can also get some free advice, and if you are dealing with an honest company then you can discover whether they are actually what you need at this particular moment in time.
We have heard a lot of horror stories from customers and employees in this industry regarding harassment and pressure selling, but none of these stories have concerned Tax Resolution Institute and as far as we know their practices are honest and their advice is sound.
Array of Services Offered
Tax Resolution Institute offer a wealth of services related to tax and bankruptcy. If you have any issues in this regard then they should be able to help you out. Of course, they are not the ones you should be turning to if you have an issue with credit card debt. In such cases feel free to checkout our reviews of debt management programs like Consolidated Credit, Delray and DebtWave.
- Minimum Debt
Lack of Information
It is always a worry when there is so little information out there on a company like this. You are entrusting them with your finances. Debtors are in a vulnerable position and they are exposing themselves by looking to work with companies like this, especially when you consider that this industry is rife with pressure selling, scams, and other questionable activity.
You want to be able to research into their history, their reviews, and their practices in order to put your mind at ease, and if you can't do that then you'll likely feel very wary. Such is the case with Tax Resolution Institute, as there is very little information or reviews out there.
Not for Everyone
Tax Resolution Institute claim to be able to help anyone who has $25,000 or more in tax debt and suggest that they “might” be able to help customers who have less than this. In the past they seem to have restricted themselves to customers with $20,000 or more, only to widen their net slightly in recent years.
However, they will outright refuse anyone who has less than $10,000 in tax debt and may also refuse anyone with anything under $15,000–it really depends on the situation. This is a lot of debt, and it means that Tax Resolution Institute will not be able to offer their services to a large number of debtors.
The Bottom Line
We feel like it would be wrong to completely bash this company. They certainly have the experience, there is no question about that. But we just feel that they are not doing a good job when it comes to transparency.
It may seem cruel to fault a company for something that is out of their hands. But there is actually a lot that they can do. They need more accreditations, they need to get their BBB page sorted, and they can also work with review sites like TrustPilot to ensure that more reviews are generated.
These small things make a big difference to us and to potential customers. We're also marking them down because they only work with large debts, discounting a lot of potential customers. That's their prerogative, but we have to call it as we see it from the perspective of the average customer, and as the average customer has nothing to go off, except for the fact that they probably won't even be accepted, we ultimately have to score Tax Resolution Institute poorly.