This Business Is Not BBB Accredited

Omni Financial

Omni Financial

(800) 707-8065

Omni Financial

14 years in business
2300 5th Ave
Vero Beach, FL 32960-5169
Additional Phone Numbers
  • (800) 704-1544
  • (866) 703-6285
  • (772) 365-3973
  • (800) 987-6664
  • (561) 705-1220
Additional Email Addresses
  • cstephens@omnitaxhelp.com
BBB File Opened: 03/12/2003
Business Started: 12/18/2002
Business Incorporated: 12/18/2002 in FL
Type of Entity
Corporation
Business Management
  • Ms. Chrissy Stephens, Finance Director
  • Mr. Matt Mulligan, President/Owner
Business Category
  • Tax Return Preparation
Additional Information
  • General Advice: Offer - In - Compromise (OIC) Consumers who have federal and/or tax liabilities often contract with independent companies, attorneys or CPAs to assist them in resolving issues with the Internal Revenue Service (IRS) by the company or...
  • General Advice: Offer - In - Compromise (OIC) Consumers who have federal and/or tax liabilities often contract with independent companies, attorneys or CPAs to assist them in resolving issues with the Internal Revenue Service (IRS) by the company or individuals representing them. An OIC is an agreement between a tax payer and the IRS that resolves the taxpayer's tax liability. The IRS has the authority to settle or compromise federal tax liabilities by accepting less than full payment under certain circumstances. An OIC may be submitted for all types of taxes, as well as interest and penalties arising under the IRS code. IRS Compromise objectives: To resolve accounts receivable which can't be collected in full or on which there's a legitimate dispute as to what is owed. To effect collection of what could reasonably be collected at the earliest time possible at the least cost to the government. To give taxpayers a fresh start to enable them to voluntarily comply with the tax law. To collect funds which may not be collectible through any other means. The IRS may compromise a civil case only upon one or both of the following grounds: 1-Doubt as to liability - doubt exists that the assessed tax is correct; or 2-Doubt as to collectibility - doubt exists that you could ever pay the full amount of tax owed. 3-Effective Tax Administration - There is no doubt the tax is correct and no doubt that the amount owed could be collected, but an exceptional circumstance exists that allows the IRS to consider your offer. To be eligible for a compromise on this basis, you must demonstrate that collection of the tax would create an economic hardship or would be unfair and inequitable. OICs may be rejected for public policy reasons, i.e. if the acceptance of the offer is in any way detrimental to the Government's interests. OICs are also not normally eligible for consideration until you have filed all past due federal tax returns with the IRS; if you are currently in bankruptcy; your financial situation changes; it is a current legal matter; etc. Taxpayers are expected to provide reasonable documentation to verify their ability to pay. the Revenue office is instructed to consider the taxpayer's assets (which can include 401Ks, stocks, bonds, inheritances, etc.) and present, as well as future income when reviewing an OIC. WARNING: If the IRS perceives that an OIC is a delaying tactic and collection is in jeopardy, it may continue collections actions during the OIC procedure. For further details, call an IRS Customer Service rep at 1.800.829.1040.
  • Matt Mulligan is also a principal of Free Tax Consulting, Inc. A separate review is available upon request at: http://bbb.org/h/83

Alternate Business Names
  • El Dorado Financial, Inc.
Licensing, Bonding or Registration
This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.

A+

BBB Reason for Ratings

BBB rating is based on 13 factors: Get the details about the factors considered.

Licensing information is provided in the BBB Business Profiles to inform the public about industries that may require professional licensing, bonding, or registration. Better Business Bureau encourages you to check with the appropriate agency to be certain any requirements are currently being met.
BBB promotes truth in advertising by contacting advertisers whose claims conflict with the BBB Code of Advertising. These claims come to our attention from our internal review of advertising, consumer complaints and competitor challenges. BBB asks advertisers to substantiate their claims, change ads to make offers more clear to consumers, and remove misleading or deceptive statements.
BBB reports on known significant government actions involving the business's marketplace conduct.
BBB reports on a company that is out of business for three years from the date the company closes its doors or ceases to do business.
BBB reports on unauthorized use of the Better Business Bureau's name and/or logo for as long as the business continues to use it in any advertising, or for one year after the business ceases any repeated unauthorized uses.
BBB reports on a business’s bankruptcy as long as the business remains in bankruptcy.
BBB reports when mail sent to the business was returned by the Postal Service.

Omni Financial

This Business Is Not BBB Accredited

Omni Financial

Customer Review Rating:

100%

Composite Score: