Best Debt Companys

166 Companies 2,767 Real Customer Reviews

2020taxresolution.com
Current

What Others Are
Researching Right Now:

#7
2020taxresolution.com

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.

Our Score
6.0
User Score
8.5

Visit Site

Our Score
6.0
User Score
8.5
Rank this Company

Ratings Breakdown

Price

Case by case basis
Undisclosed

Time in Business

total # of years
1998

A+

Services

Variety of services offered
7/10

CPA

CPA on staff?
Yes

Tax Attorney

Tax Attorney on staff?
No

Associations

Professional Association Members
Yes

Enrolled Agent

Certified by U.S Government
Yes

Refund Policy

Is there a refund policy?
Unknown

Number of Reviews

User reviews here on BDC
2

This Review is maintained by

Review Last Updated: August 22, 2016

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.”

Rank Chart
Price (flat-fee)
Time in Business
Review

#1

$2,500-3,000
1997

#2

$2,000-5,000
2010

#3

$1,500-2,500+
2001

#7
2020taxresolution.com

Undisclosed
1998

The Good

2020 Tax Resolution provides their clientele with access to over 100 employees available to help get their tax issues resolved and encourage consumer 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.

They offer competitive prices on their services, and during our extensive research, were quoted an estimated $3,500 on a $20,000 tax debt load. While we this was our quote, keep in mind that because each case is different and tactics used to reduce and release levies and garnishments vary, so does the pricing structure.

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 skiddish about privacy breaches; however, these former clients had agreed to future communications of this stature.

The company holds some important certifications, accreditations, and memberships with some the industry leading standard organization such as the BBB, in which they have received an outstanding rating, the National Association of Enrolled Agents, and the National Association of Tax Professionals.

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.

Highlights to include when considering 2020 Tax Resolution’s relief services:

  • A+ rating with the BBB
  • One of the longest standing companies in the tax relief industry
  • Accredited with important organizations
  • Free in-depth consultation
  • Flat-fee pricing structure
  • Variety of tax service forms

The Bad

We have little concerns with this company, although some are worth mention. 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.

Another concern is their lack of attorney’s on staff. The company does well to employ a team of Juris Doctors, although none are licensed through the American Bar Association. While a Juris Doctor degree is certainly something to be proud of, as it’s the highest level of education in the legal industry; it simply means they haven’t taken steps to take state bar exams to get them licensed to practice as an attorney.

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 and an A+ BBB rating to match. We recommend calling 2020 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

While it’s tough to discern a pricing matrix within this industry, we did collect information pertaining to a $20,000 tax debt. The quoted amount came to $3,500 in addition to filing service for 2 years. Pricing will always vary case-by-case as it’s dependent on services performed under each program. In order to receive the most accurate quote, we recommend clarifying which services you may need and what factors determine pricing before signing contracts.

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 17 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

Time In Business

They’ve been in business since 1998.

BBB Rating

A+ Rating. With the highest rating given 2020 Tax Resolution seems to be a pretty decent company. They have had 10+ complaints closed in the last three years. Several complaints were for numerous phone calls to people who had not hired 2020 Tax Resolution, and they responded respectfully by removing those people from the calling rotation. There is also one complaint of them not resolving one individual’s tax issue, yet it was reported that they did receive a refund.

BBB accredited since 08/1999.

CPA on Staff

Yes

Tax Attorney on Staff

No

Professional Associations

National Association of Enrolled Agents (NAEA) and The National Association of Tax Professionals (NATP)

Enrolled Agent on Staff

Yes

Free Consultation

Yes, they offer a free consultation.

Refund Policy

Unknown

Up-Front Fees

$1,500. This is the retainer needed so they can start working on your case, though there are no separate fees for anything else like consultations or paperwork.

Are there any inaccuracies in this review? We take our accuracy very seriously and would love your feedback. Give feedback here.

Request Reconsideration

2 20/20 Tax Resolution Reviews

1. Select Your Rating:

1
1
0=WORST 10=BEST

2. Subject For This Review*(Select all that apply)

3. Review Validation*

or

    Sort By:

  1. User Score
    7
    September 18th, 2016 Vero Beach, FL
    0 people found this review helpful!
    Very good
    Read More
  2. User Score
    10
    May 9th, 2016 Dadeville, AL
    0 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.

    Read More

Poll

  • When looking for a debt settlement company, which of these two aspects is most important to you?
  • 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.

Recent News:

Want us to review a company?

If there is a debt company that you don't see on our site, and would like us to review, please contact us.

Real Reviews (yes they’re real)

With so many debt relief companies out there, and a lack of sites willing to bring you the HONEST breakdowns of each company, what source can you turn to for the real information you can trust?

We are dedicated to bringing the truth out, and rank debt relief companies as they should be. Through our investigation, and experience with each company, we rank each company, and bring you our honest, unbiased opinion. We also include authentic user reviews by past customers of each company that are moderated and verified.

Like many sites, we are compensated through affiliate relationships with each company we review, however all of our rankings are based on our 11-Point Ranking Criteria.

All reviews are subject to moderation and approval. Any reviews that may resemble false information, or competitors of another company will need to be verified by our staff before being approved and published. We reserve the right to approve or deny any reviews left on this site.
Our Score
6.0
User Score
8.5
Rank this Company

Ratings Breakdown

Price

Case by case basis
Undisclosed

Time in Business

total # of years
1998

A+

Services

Variety of services offered
7/10

CPA

CPA on staff?
Yes

Tax Attorney

Tax Attorney on staff?
No

Associations

Professional Association Members
Yes

Enrolled Agent

Certified by U.S Government
Yes

Refund Policy

Is there a refund policy?
Unknown

Number of Reviews

User reviews here on BDC
2
Our Score
9.4
User Score
8.9
Rank this Company

Ratings Breakdown

Price

flat fee, paid monthly
$2,500-3,000

Time in Business

total # of years
1997

A+

Services

Variety of services offered
10/10

CPA

CPA on staff?
Yes

Tax Attorney

Tax Attorney on staff?
Yes

Associations

Professional Association Members
Yes

Enrolled Agent

Certified by U.S Government
Yes

Refund Policy

Is there a refund policy?
Yes

Number of Reviews

User reviews here on BDC
257