Tax Relief Company

Tax Relief Company

                          Tax Relief Company

What is a Tax Relief Company?  A Tax Relief Company is a company that advertises that it can help distressed taxpayers.  Assertions are made that it will stop tax collection actions and reduce or even eliminate tax debts.

How can you tell if a tax relief company is legitimate and not ripping you off?  If you are promised that your tax case will be settled for pennies on the dollar, think twice!  Every tax case is as different as every person.  The best that any legitimate tax relief company can do is promise to find the best resolution (settlement) possible.  If it is legitimate the people working there will be knowledgeable about all the available IRS taxpayer assistance programs.  There are only a few IRS taxpayer assistance programs under the Fresh Start Program.  The Offer in Compromise, Economic Hardship Partial Payment Plan, Currently Non-Collectable Status and Installment Agreement are available programs.  How do you know which of these programs you qualify for?  Which of these resolutions is the best resolution for you?

                               How It Works?

It all boils down to your total monthly income verses your total IRS allowed monthly expenses.  The most basic individual work sheet that you can use to list these is the IRS Form 433-f.  The IRS Form 433-f can be downloaded via the internet.  However, it is not the only one – the IRS Form 433-a is more detailed, as is the 433-b for businesses.  Do your total IRS allowed monthly expenses equal or exceed your total monthly income?  If so, do you NOT own any real property or assets?  If this is the case, then you might qualify for an Offer in Compromise, or Currently Non-collectable (CNC) Status.  However, even in this very basic example, nothing is simple when it comes to taxes.

First, not all monthly living expenses are allowed by the IRS.  Certain monthly living expenses, such as how much rent you can list, are capped by IRS National Standards.  Under IRS National Standards, monthly rent is based on the county you live in and the number of people in your household.  The IRS National Standards are available via the internet.  Get the picture?  Unfortunately, resolving a tax problem is seldom easy.  If you own real property and you have equity in your property, things become even more complicated.  However, you can go over IRS Form 433-f with a tax relief company representative to get an idea as to whether they can help or not.

Ask if the people working at the company are IRS Recognized Representatives who can represent taxpayers before the IRS.  An IRS Recognized Representative is either an attorney, a Certified Public Accountant, an accountant, or an Enrolled Agent.

                                    Who Are We?

Coast One Tax Group is a legitimate Tax Relief Company.  We are a group of resolution specialists – attorneys, accountants and Enrolled Agents.  My colleagues and I work hard to obtain the best tax resolution (settlement) possible for our Clients!  If we think you may qualify for an Offer in Compromise (OIC), how much could you possibly save?  Last year (2018), on average, we saved our clients a minimum of 92% of the amount of back taxes owed, and we have substantiated claims to prove it!  Unfortunately, we cannot win them all.  We cannot quarantine that ultimately the IRS will grant your specific Offer in Compromise.  However, we will never submit an OIC unless it is a strong case.  If you do not have a strong OIC case, we will tell you.  And, we will find the best resolution (settlement) that you do qualify for!

How can Coast One Tax Group help you today?  Give us a call or drop us a text or an email!


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4.8 out of 5 star

10 reviews

Jess T.
2019, July 30, 5:31 pm

Coast one Financial saw my family through

Coast one Financial saw my family through our entire settlement to the end! They did everything they promised, and got us a major settlement savings! My husband and I can\'t thank them enough!

2019, June 20, 1:42 pm

Coast one helped me out when I was up against the IRS

Coast one financial group helped me out when I was up against the IRS with a debt of close to $15,000. My ex husband left me in a bad place financially having lied on our last joint tax return. I also had some health issues that kept me from paying my taxes and instead paying for health insurance. Coast one handled all correspondence to and from the IRS as well as kept in touch with me throughout the whole experience. I settled for pennies on the dollar and can now resume my life tax debt free. I\'m so grateful for their help.

Donna S
2019, June 20, 1:31 pm

Coast one save me $34,000 in *** tax debt

Coast one save me $34,000 in *** tax debt the entire team worked me to get all info need for my settlement. I saw advertisement on tv for Coast One and had no I dead they could help me. We settled $440 great job guys!!!

Julie Churchill
2019, May 15, 1:43 pm

I was very happy

I was very happy with all people and quick responses. I would highly recommend this company

Cindy L
2019, May 3, 1:32 pm

My husband and I had about $40,000 in tax debt

My husband and I had about $40,000 in tax debt from some difficulties we had experienced a few years ago. The *** refused to make payment arrangements with us after we’d broken our past agreement following a job and personal losses. We’d seen these tax relief advertisements but wondered if it would work for us. I got an offer to help us by Coast One Financial Group.. I called them and left a message. An attorney called me back and asked if he told me for a few thousand (about $3000 I think) I he could help eliminate $10’s of thousands of dollars of *** debt. I said i’d Love to but didn’t have enough to pay them. He offered us a payment arrangement that we could afford and we did it. We ended up paying the *** $259.00 in exchange for eliminating $40900 of tax debt. We got the letter this week that our tax lien will be lifted within 30 days. This year we filed our taxes and paid them in full! What a relief and burden was lifted thanks to Coast One Financial and their attorneys. I would recommend them to everyone. They are amazing!

Reply from Coast1Tax :

2019, May 3, 1:32 pm

Thank you!

stephen k
2019, May 2, 1:59 pm

will tell many people to call

was very happy with the outcome will tell many people to call coast one for help and thank you.

Reply from Coast1Tax :

2019, May 3, 1:59 pm

Thank you!

Reginald G
2019, April 3, 2:00 pm

Coast One is the best hands down

Coast One is the best hands down, I would recommend Coast One to anyone who has any *** trouble. Everyone have had the up most respect for me situation and took time to walk me through it every step of the way until things was resolved properly. My hat goes off to the whole team. You guys rock

Reply from Coast1Tax :

2019, April 3, 2:00 pm

Thank you!

Cynthia K
2019, March 25, 2:01 pm



Reply from Coast1Tax :

2019, March 25, 2:01 pm

Thank you!

Ranting with Reg Hollywood
2019, January 15, 1:46 pm

step by step guidance

Thank you so much for your patience and step by step guidance, You guys are great and would recommend anyone who have a IRS problem to you guy. Thanks a million you guys rock. I appreciate everything you\'ve done

S. Atika
2018, August 30, 1:47 pm

I owed $44,000 and walked away paying $123 NO JOKE!

Coast One allowed me to have peace again. I was in debt over my ears and saw no way out. With a little time and patience they took me out of debt and gave me my life back. I owed $44,000 and walked away paying $123 NO JOKE! Thank you to the amazing team at Coast One!

Reply from Coast1Tax :

2018, September 1, 1:47 pm

On Behalf of Coast One, we thank you!

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