Develop your business tax strategy
Do You Have IRS Tax Problems?
Five Star Tax Resolution Can Help
Our team of expert Tax Attorneys is dedicated to making sure the process of dealing with the IRS runs as smoothly as possible. We believe in building relationships with our clients and families by educating them and providing the best service possible. Our success is dependent on yours! Our Tax Attorneys are here to make sure we accurately resolve your case as quickly and efficiently as possible. Five Star Tax Resolution specializes in providing affordable solutions to businesses and individuals who find themselves in collections, being audited, or, levied by the IRS. We put our clients through an in-depth qualification process ensuring that the taxpayer is a legitimate and well-qualified candidate.
You’ll Be Glad You Chose Five Star Tax Resolution
Why Choose Five Star Tax Resolution?
Honest Results
An A+ rating with the BBB, an untarnished reputation and satisfied customers are some of our rewards for always putting the interest of our clients first.
Urgency
We will contact the IRS for you before becoming a client.
Tenacity
We won’t take “No” for an answer. We will fight for you to the full extent of your taxpayer rights.
Affordable
One flat fee and flexible payment arrangements.
Experience
We’ve been in the tax business for 22 years and we only employ experienced Attorneys, Certified Public Accountants and IRS Enrolled Agents to manage your case.
True Tax Experts
Unlike your local Tax Service, our licensed Tax Attorneys specialize in tax law and have helped thousands resolve their IRS tax problems.
There’s No Problem We Can’t Handle
Our Areas Of Expertise
OFFER IN COMPROMISE (OIC) PROGRAM:
This IRS program is under 26 U.S.C., which allows qualified individuals with unpaid taxes to negotiate a settled amount that is less than what is currently owed to settle the taxes owed. The main objective of the OIC Program is to accept and compromise when it is in the best interests of both the taxpayer and the IRS.
INSTALLMENT ARRANGEMENT
Payment plans are a valuable option, which allows you to pay the owed amount within a particular time frame. Not paying your taxes when they are due may cause the filing of a Notice of Federal Tax Lien and/or an IRS levy action.
WAGE GARNISHMENTS
The IRS has the power to issue levies, or seize, total or part of your wages or receivables; otherwise known as wage garnishments. The seized amounts will be sent to the IRS each pay period until arrangements are made to pay your overdue taxes The amount of overdue taxes are paid in full then the levy is released.
LIEN AND LEVY RELEASE
As a taxpayer, it is important to understand the differences between a levy and a lien. A levy is a legal seizure of your property or assets to fulfill the taxes owed; meanwhile, a lien is a legal claim that may be used as a security for the tax owed rather than to satisfy it. When a levy has been placed on a bank account, there is a 21-day period for complying with the levy.
Tax Reduction Planning
We’re serious about saving you money and accelerating your growth. Tax planning involves a proactive, comprehensive, and custom analysis of your financial situation to determine strategies that will decrease your tax liability – both on your individual and business tax returns. A lowered tax burden frees up resources for growth, investment, and funding of your future.
AUDIT REPRESENTATION
An IRS or state audit is an examination of an organization’s or individual’s accounts and financial information. This process is to ensure information is reported correctly according to the tax laws and to verify the reported amount of tax is correct. There is a 1-in-143 chance of being audited randomly. Overstating deductions causes most audits.
Employee Retention Tax Credit
WHAT IS THE ERC?
The Employee Retention Credit (ERC) was authorized under the CARES Act and encourages businesses to keep employees on the payroll.
- The 2020 ERC Program is a refundable tax credit of 50% of up to $10,000 in wages paid per employee from 3/12/20-12/31/20 by an eligible employer. THAT’S $5,000 PER EMPLOYEE!
- The 2021 ERC Program has increased to 70% of up to $10,000 in wages paid per employee per quarter. THAT’S POTENTIALLY UP TO $28,000 PER EMPLOYEE!
Meet Our Lead Tax Attorney
Experience and reliablity
Our Lead Tax Attorney, Herbert Lo, has an extensive background and experience in tax planning, research, and compliance. His experience includes developing tax minimization strategies and representing taxpayers before tax authorities in appeal, examination, and collection matters.
Mr. Lo received his Juris Doctorate from Loyola Law School of Los Angeles. While in law school, he served as an editor of the Loyola of Los Angeles Law Review and was a member of the Phillip C. Jessup International Law Moot Court Competition. Prior to law school, Mr. Lo spent several years working for PricewaterhouseCoopers.
His experience includes drafting opinions, effecting incorporations, mergers and acquisitions, securing private letter rulings and representing clients during audits.
Mr. Lo is a member of the New York Bar, an Enrolled Agent, and is admitted to practice before the US Tax Court.
A Company You Can Rely On
Trusted and Secure
