20/20 Tax Resolution
20/20 Tax Group has excellent staff credentials and is available in all 50 states; works with a limited number of tax problems.
Based out of Denver, CO, 20/20 Tax Resolution is one of the nation’s longest standing and most experienced tax relief companies in the debt relief industry. Since 1998, company representatives have helped tax burdened consumers tackle and reduce their debt to get them back on a successful financial track, and claim “We can do the same for you.”
The Good
- Free consultation
- Real testimonials
- Accredited
- Forms
Free Consultation
20/20 Tax Resolution provides their clientele with access to over 100 employees available to help get their tax issues resolved and encourage consumers to participate in a free consultation to assess the financial situation of potential clients. Each caller will receive a detailed explanation of their rights as a taxpayer, and provided with options to help carry out a successful resolution.
A plan of action will be developed to cease collection harassment, and all communication with the IRS will be handled by a fully certified team of CPA’s, Juris Doctors, and Enrolled Agents willing to negotiate on their clients behalf to release garnishments and levies on a personal and business level.
Real Testimonials
A unique difference in 20/20 Tax Resolution is their ability to provide contact information for past clients if requested so consumers and/or clients are able to hear testimonials in real-time. Reading testimonials online is one thing, but to speak with an actual client on the phone can help you discover someone else’s experience more accurately. We were a little skittish about privacy breaches; however, these former clients had agreed to future communications of this stature.
Accredited
The company holds some important certifications, accreditations, and memberships with some the industry leading standard organization, in which they have received an outstanding rating, the National Association of Enrolled Agents, and the National Association of Tax Professionals.
Forms
2020 has also gone above and beyond to compile a list of popular tax forms from Powers of Attorney, tax returns, financial statements, extension to file, and several others listed on their “forms” tab. In addition to these resources, they have also incorporated a blog to help keep consumers up to par on the tax related world.
The Bad
- Limited products
- Lack of transparency
Limited Products
We have little concerns with this company, although some are worth mentioning. First and foremost, 2020 Tax Resolution has a limited product offering, especially in the business sector. Many of the industry leaders provide bookkeeping or payroll services to business owners; however, this company simply tackles levies, liens, and penalties.
Lack of Transparency
We would also like to see more company clarity on their website. Information is very limited. Even the FAQ page is limited to four of the most generic questions and even more generic answers out there.
Compare to the top rated tax debt relief companies
The Bottom Line
Overall, the company has done something right by remaining in business since 1998. They have a solid client base. We recommend calling 20/20 Tax Resolution for a consultation, although we suggest exploring alternate companies among our top recommended companies list before making any decisions about your tax relief issues.
View Top Rated Companies
Pricing
Undisclosed.
Services
2020 provides resolutions for both businesses and individuals under these tax issues:
Business Taxes:
- State and IRS Levies
- State and IRS Liens
- IRS, State, and Trust Fund Recovery Penalties
- Payroll tax issues
Individuals:
- IRS and State Levies
- Notice of Intent to Levy
- IRS and State Liens
- IRS, State, and Trust Fund Recovery Penalties
- IRS and State Garnishments
In addition, they provide resolutions within these avenues:
- Payment Plans
- Innocent Spouse Relief
- Offer in Compromise
- Penalty Abatements
- Levy Appeals
- Business Financing
Minimum Debt
20/20 Tax Resolution requires a minimum amount of $10,000 tax debt.
About
For more than 19 years, 20/20 Tax Resolution has helped clients reduce their IRS debt. Based out of Denver, Colorado, this company is one of the nation’s most experienced tax relief companies in the industry. 20/20 promises to handle all of the communications with the IRS so that you can get back to your personal business.
States Available
20/20 Tax Resolution’s services are available in all 50 states.
Contact Info
Phone: 1-800-880-7318
Website: 2020taxresolution.com
E-Mail: [email protected]
Once you start working with someone, you will have all contact information for that person specifically, email included.
Address:
11800 Ridge Parkway
Suite #400
Broomfield, CO 80021
Business Hours:
7am to 4pm MST
Are there any inaccuracies in this review? We take our accuracy very seriously and would love your feedback. Give feedback here.
-
User Score7
-
User Score102 people found this review helpful!Tax 20/20 is a very credible and very reliable company that answers emails and phone calls very promptly. They also treat you like a real person insterad of a number!
I highly recomend them for anyone that is in need of this service! They are simly the best.
Was this review helpful? YesRead More
Blog Post
- Takes your existing debt and try to settle with your creditors for a lower amount. If you pay off the settled amount, your debt will be considered paid in full.
- Negotiates with your creditors on your behalf.
- Fee based on a percentage of your total starting debt or a percentage of the debt they save you.
- Most settlement companies have you create a separate "escrow" account where you will make monthly contributions over a certain amount of time to contribute to your settlement. Once there is a substantial amount of funds to show your creditors, the settlement company will try to negotiate a lower amount of debt.
- Combines all your debts and creditors into one monthly payment.
- Allows you to pay one monthly payment to the consolidation company, instead of multiple payments to different creditors.
- You no longer owe your original creditors; instead you pay one monthly payment to your consolidation company.
- Consolidation companies can help negotiate lower interest rates on your debts and help lower your total debt payment in the long run. A lower interest rate will lower the amount you owe in the end.
- Allows you to consolidate all your different debts into one personal loan that can be paid off over time.
- Can offer borrowers a lower interest rate with a longer payback term (compared to high-interest credit cards or medical bills). This will lower the amount of money required to pay off the loan over time.
- Personal loan debt consolidation can be an effective way to raise your credit score quickly (within 3-6 months).
- Borrowers can receive funds from their loan within only a few days.
Read full articleRecent News:
2 20/20 Tax Resolution Reviews