Cookies on BBB.org

We use cookies to give users the best content and online experience. By clicking “Accept All Cookies”, you agree to allow us to use all cookies. Visit our Privacy Policy to learn more.

Manage Cookies
Share
Business Profile

Tax Enrolled Agent

Omni Tax Help

This business is NOT BBB Accredited.

Find BBB Accredited Businesses in Tax Enrolled Agent.

Visit Website(800) 707-8065Email Business
See Hours
Operating Hours
Monday8:00 AM - 5:00 PM
Tuesday8:00 AM - 5:00 PM
Wednesday8:00 AM - 5:00 PM
Thursday8:00 AM - 5:00 PM
Friday8:00 AM - 5:00 PM

About

Important information

  • Additional Info:
    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.

About This Business

Tax relief, debt negotiation, and resolution services for businesses and individuals across the United States that owe back taxes to the Internal Revenue Service IRS and or State taxing authorities. 

Products and Services

Payment Plans, Penalty Abatements, Offer In Compromise, Innocent Spouse, Currently Not Collectable, Tax Discharge, Tax Expiration, Levy Release, Stop Wage Garnishments, State Tax Issues

Business Details

BBB File Opened:
3/12/2003
Business Started:
12/18/2002
Business Incorporated:
12/18/2002
Type of Entity:
Corporation
Alternate Names:
El Dorado Financial, Inc.
Omni Financial
Business Management:
Mr. Matt Mulligan, President/Owner
Mr. Michael Batty, General Manager

Additional Contact Information

Principal Contacts
Mr. Michael Batty, General Manager
Customer Contacts
Mr. Matt Mulligan, President/Owner
Mr. Michael Batty, General Manager
Fax numbers
Primary Fax: (772) 925-3401
Other Fax: (772) 365-0756
Other Fax: (772) 907-6200
Other Fax: (772) 365-5713
Other Fax: (772) 365-5701
Other Fax: (772) 365-2615
Additional Phone Numbers
Other Phone: (772) 907-9000
Other Phone: (866) 703-6285
Additional Email Addresses
Primary: Email this Business

Licensing information

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.

Additional Information

Other Resources
Dept of Treasury

Waterloo IA 50702
Phone Number: 18776137846
www.IRS.gov
Business Categories
Tax Enrolled Agent

More Resources

BBB Business Profiles may not be reproduced for sales or promotional purposes.

BBB Business Profiles are provided solely to assist you in exercising your own best judgment. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles.

When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.

BBB Business Profiles generally cover a three-year reporting period. BBB Business Profiles are subject to change at any time. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile.

As a matter of policy, BBB does not endorse any product, service or business. Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation. BBB charges a fee for BBB Accreditation. This fee supports BBB's efforts to fulfill its mission of advancing marketplace trust.