Victory Tax Solutions

Victory Tax Solutions Review

Victory Tax Solutions is a tax relief company founded in 2010 to assist those who owe back taxes and to provide income tax preparation and filing services. The company guides taxpayers through the often confusing maze of tax regulations and taxpayer assistance programs to find the best outcome for reducing and managing back taxes. Victory Tax Solutions also helps businesses negotiate payroll tax payment plans.

Pros

• Tax attorneys on staff
• Client satisfaction guarantee
• Free consultation

Cons

• No sample fees available

Who Benefits From Victory Tax Solutions Services?

Victory Tax Solutions has a team of professionals offering a wide range of tax relief services. The company can help whether you fell behind on paying personal taxes or haven’t correctly paid payroll taxes as a business. Victory Tax Solutions also assists those who find themselves involved in tax fraud created by a spouse or partner or fall victim to an identity theft scheme.

Victory Tax Solutions Tax Relief Services

Victory Tax Solutions is a full-service tax resolution company, whether you need a professional to prepare your tax return or you need help getting out of the financial bind created when it’s impossible to pay income taxes. The company provides these services to clients:

• Prepare and file tax returns: Professional tax preparation completed by a team trained in current tax codes and complicated tax situations, home-based businesses, and self-employment.
• Offer in Compromise: An Offer in Compromise (OIC) lowers the total back taxes amount with a reasonable payment plan. OIC requires numerous steps with complex requirements. Victory Tax Solutions understands these complexities and works with clients through the process, which may take up to 24 months to negotiate and complete.
• Currently Not Collectible: Currently Not Collectible (CNC) is a tax relief option for those who can’t pay their IRS debt and necessary living costs at the same time. With the CNC program, the IRS suspends collection efforts. Victory Tax Solutions can explain how this arrangement affects your finances now and in the future.
• Reduce IRS Penalties: Penalties can quickly and drastically increase IRS debt, sometimes to the tune of 5% a month. The IRS may reduce penalties incurred due to situations beyond the taxpayer’s control. Victory Tax Solutions can determine if you are eligible for a penalty reduction.
• Tax Installment Agreements: Victory Tax Solutions has experience negotiating installment plans for paying off back taxes rather than making a large one-time payment.
• Payroll Tax Settlement: Business owners who fail to withhold and pay required payroll taxes can be held liable for the debt. Victory Tax Solutions can work with the IRS to formulate a payment plan while avoiding penalties or levies on personal or business property.
• IRS Levy and Seizure: If you owe back taxes, the IRS can claim your bank accounts and personal property such as cars or your home while garnishing your wages. The process for appealing a levy or getting property released may allow you as little as three days to complete and file necessary paperwork. Victory Tax Solutions navigates the system on behalf of clients to quickly stop levies and seizures.
• Innocent Spouse Relief: While rare, it is not unheard of for an individual to get caught up in tax fraud they knew nothing about when their partner handles the finances. Those going through a divorce are vulnerable to this situation until all financial ties are separated. Innocent Spouse Relief solutions include release from liability, an adjusted liability amount, or a refund. However, there are multiple IRS forms, deadlines, and conditions to meet to qualify. Victory Tax Solutions guides clients through the regulations and paperwork to receive Innocent Spouse Relief.

Tax Relief Process with Victory Tax Solutions

Victory Tax Solutions clients work with a tax professional through a four-step process, starting with a free consultation and fee agreement. Then, Victory Tax Solutions completes the required research to identify applicable tax relief programs, explains the options, and negotiates with the IRS on behalf of the client. We’ve outlined the company’s four-step process in the chart below.

Victory Tax Solutions Cost and Guarantee

Victory Tax Solutions does not publish fees, likely because each tax case is different. The company’s Facebook page notes Victory Tax offers flat fees and no substantial up-front costs. Clients learn the amount they would pay for tax relief services during the initial consultation. Victory Tax has payment plan options and offers a money back guarantee. If the company can’t identify and recommend a course of action for tax relief, you can request an investigation fee refund.

Victory Tax Solutions Complaints

The Better Business Bureau gives Victory Tax Solutions an “A” rating. Only 12 complaints were filed with the BBB in the last three years, and all are answered or resolved. Customer reviews on the BBB site rate Victory Tax Solutions an average of 4 out of 5 stars, with the most common concern being over communication during the tax relief process. Trustpilot ratings are stellar with 5 stars and 98% positive reviews for both tax relief and tax preparation services. ConsumerAffairs readers award the company 4.5 out of 5 stars, with many reviews noting a swift resolution to tax debt problems.

Victory Tax Solutions Q&A

• What tax problems require Victory Tax Solutions representation?
  You should speak to Victory Tax Solutions if you receive a notice from the IRS regarding taxes you owe, income tax audits, or tax forms you neglected to file. If you receive a final or right-to-hearing notice, seek representation immediately.

• Can Victory Tax Solutions save me money in tax disputes?
  Assistance from a Victory Tax Solutions CPA, tax attorney, or other tax professional can save you money because these tax specialists know all the options, how to apply for tax relief, and what to expect through the proceedings. Each situation is unique, but you should save some time as well as money in the long run.

• How quickly does Victory Tax Solutions get clients out of trouble with tax debt?
  Timelines for tax relief programs vary, some requiring many months to complete. Victory Tax Solutions has reached agreements in as quickly as 24 hours after contacting the tax authority. Even if your situation takes longer to resolve, you can relax knowing the company is working with the IRS on your behalf.

• Can I get help from Victory Tax Solutions if the IRS is already garnishing my wages?
  If you are having trouble making ends meet because of an existing wage garnishment, Victory Tax Solutions can work with the IRS to find an alternative.

• How can I afford a tax service like Victory Tax Solutions when I can’t even pay taxes?
  You pay nothing to Victory Tax Solutions for the initial consultation, when a representative explains your fee for services. Victory Tax Solutions is open to setting up payment plans with clients, who typically are in a financial crunch. With your tax debt reduced or spread out over multiple payments, you shouldn’t be burdened by fees paid for tax relief assistance.

Conclusion

Tax problems are frightening, primarily due to the complexity of the tax laws and the threat of losing wages and property. Victory Tax Solutions offers tax relief services via tax attorneys and CPAs who understand and have experience with processes and regulations so clients can stop struggling with decisions and paperwork.