TaxRise Core Ideology
We don't believe in innovation for the sake of innovating. How can we make the process better?
A required payment to governments for income made.
What is tax?
The two criteria needed for a tax resolution.
What is compliance and disposable income?
The expirations date of a tax liability balance.
What is Collections Statute Expiration Date (CSED)?
What is G-mail?
We foster a culture of compassion and value our connection to every client and employees
What is humanity?
Taxes are based on ______ and _____.
What is income and filing status?
The IRS accepts this type of agreement if they determine that the taxpayer cannot afford to pay the full amount but can pay a portion.
What is a Partial Payment Installment Agreement (PPIA)?
IRS will file this in the appropriate state or county records against all of the taxpayer’s property and rights to property.
What is a tax lien?
Used daily to relay instant messages between colleagues, groups/channels and companywide.
What is Slack?
To assist taxpayers to achieve the best resolution to their tax issues and do it faster than anyone else.
What is TaxRise's mission statement?
Taxes that were partially or fully unpaid in the year they were due.
What is tax liability?
If a client cannot afford to make payments on their tax liability, the IRS may agree to issue them a _____ status.
What is Currently Not Collectable (CNC)?
This permits the legal seizure of funds out of a bank account to satisfy a tax debt.
What is a bank levy?
One of the Client Relationship Management systems?
What is Logics or Salesforce?
We strive to create a consistent, reliable, and dependable organization for our clients and team.
What is Transparency?
Quarterly payments made during the year for taxes you are going to owe and did not withhold based off the income you made.
What is Estimated Tax Payment (ETP)?
A resolution type that is calculated by dividing the assessed balance due by 72 months or CSED.
What is Streamlined Installment Agreement (SLIA)?
The IRS takes a portion of a paycheck to pay down tax debt.
What is wage garnishment?
The company ticketing system for IT help and QA tickets?
What is Jira?
We step forward into difficult choices and conversations. We redeem our industry.
What is Leadership?
The two main arms of the IRS that will take enforcement action.
What is Automated Collection System (ACS) and Revenue Officer (RO)?
The client's reasonable collection potential (RCP) is lower than their tax liability.
What is Offer in Compromise (OIC)?
The IRS notifies the State Department to restrict a taxpayer's international travel.
What is passport revocation?
A central information hub that will house processes, procedures, SOPs and templates for the company.