Tax resolution group designed to combat fraudulent tax resolution service providers founded by Tax Tiger and other established firms.
According to Kathy Hill, CEO of Tax Tiger, the recession of 2008 began a cycle of tax resolution fraud that has plagued the public since. Late night television and the Internet were saturated with startup agencies, claiming the ability to help taxpayers with their IRS delinquency. Tax Tiger says that out of the literally thousands of these agencies that seemed to sprung up overnight, a vast majority of them were created only as a means to take advantage of an already vulnerable group: taxpayers behind on their liability to Uncle Sam.
Tax Tiger says that hundreds of thousands of Americans fell victim to these deceitful marketing practices and soon the industry as a whole found itself marred. The public wasn’t able to put up its guard soon enough and, according to Tax Tiger, thousands of lawsuits about abuse and negligence filtered into the legal system. That negative attention has taken away from the good and honest tax problem solvers, like Tax Tiger, who were there in the years before the economy tanked.
The industry is not currently regulated, reports Tax Tiger CEO Hill. That is why Tax Tiger helped to form the Tax Problem Resolution Services Coalition. The group aims to enact regulatory practices that will govern firms, not just the individuals that practice in them. According to Tax Tiger, the TPRSC protects both the public as well as the reputable firms that are governed by these regulations. Both benefit by having their interests protected; the consumers from fraudulent firms and the legitimate firms from performing work only to be denied compensation.
Tax Tiger notes that the TPRSC believes that firms who deliver on their promises, hold proper licensing, and advise their clients honestly, should band together to stop the fraudsters. Everyone pays the price for taxpayers getting bilked, says Tax Tiger. The time to act is now and the TPRSC is currently in need of support to continue their invaluable work. Tax Tiger encourages tax problem solvers who are concerned about the future of the industry to join.
A main goal of the Coalition is also to proactively draft legislation that will help regulate the industry. It is the sincere hope of firms like Tax Tiger that, by policing tax resolution firms, the industry may regain some of the credibility that it lost as a result of unethical firms like Tax Masters and JK Harris.
For more information, visit Tax Tiger online at www.taxtiger.com or the TPRSC at www.taxproblemresolutionservicescoalition.com