Advocate Tax Solutions Overview:
Advocate Tax Solutions (ATS) is a full service tax defense firm located in Chicago, IL. As the new kid on the block, having only been established since early 2015, ATS is already putting up some impressive numbers in the penalty abatement and tax resolution arenas. Millions of Americans are being crushed under the stress and anxiety that often accompanies massive amounts of tax debts.
ATS encourages consumers faced with tax debt to take advantage of their free consultation to determine which plan of action would be most beneficial to reconcile their case and upon enrollment with ATS, no time is wasted in filing a power of attorney with all governing agencies. Benefits of using the ATS system includes:
After the power of attorney is on record, ATS will make the crucial first call to the IRS on behalf of their clients. This is where they begin to get a verbal breakdown of all the allegations and IRS coding so they get a more accurate understanding of what it is the IRS truly wants. Once ATS has a firm understanding of what the IRS is trying to do, they are in a better position to defend clients against the Enforced Collection Activity. That’s when the IRS does those nasty things like garnish wages, place a lien against the sale of homes, and start to increase the penalties and interest owed.
During this initial investigation is also when ATS usually finds unfilled tax years, improperly filed tax returns and any other obligations clients may not have even been made aware of. At this point, if any unfilled taxes are found, they will immediately be rectified by the on-staff CPA assigned to each case.
Highlights to include when considering ATS:
- CPA’s, Tax Attorney’s, and Enrolled Agents on staff
- Free consultations
- Assistance with student loan resubmissions
- Handle business as well as personal tax issues
Although proprietary, ATS does confirm that they use tried and true practices and fully comply with all of the IRS statutes in place in order to ethically defend taxpayer rights. One of the most common services that ATS provides in this economic climate is referred to as Currently Non Collectible or Status 53. With unemployment rates at such a high number, some families simply cannot afford to pay the tax they owe. This is a temporary fix that can buy and additional six months of no collection actions being taken against clients.
The initial concern with ATS is the length of time they have been in the tax relief industry – only 4 years. While this doesn’t imply they are incapable of performing alongside industry leaders, it simply leaves room for consumers to follow their success rates and determine the path the company is headed. Other limitations of the ATS system include:
Fresh Start Program:
It has a catchy, upbeat name but has potential pitfalls the company failed to address. This program offers clients the chance to pay back taxes owed over 72 months. While this seems like a quality approach on the surface to save a few points on credit reports, clients must be aware that proving they are able to afford such a program may be more difficult that what it appears to be. An extremely in depth record of monthly finances down to the penny must be given to the IRS. The IRS will dig into clients financial records to determine if they are able to pay back balances owed quicker by either liquidating assets or borrowing money. These options have the potential to draw clients back, especially if they are already in debt and have minimal assets to liquidate. ATS makes no promises except that they can have their Tax Attorneys “advise appropriately” before cases are addressed with the IRS.
Lack of Accreditations:
Typically, clients appreciate a company going above and beyond when it comes time to prove the company is operating responsibly. Many of the industries leaders take it upon themselves to attain memberships, certifications, and accreditation with organizations regulating and affirming corporate responsibility. While this company is a member of the Nation Association of Tax Professionals, many would like to see them hold memberships with the ABA, AICPA, and NAEA to name a couple.
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