When dealing with tax debt
Finding a solution that aligns with your financial situation is crucial. At Traxion, we understand that one size doesn’t fit all. That’s why we offer two distinct services: TaxHopper for individuals with tax debts under $50K and businesses under $25K, and Full-Service for those with more substantial tax debts. Both services are designed to provide the best value at a fraction of the cost of our competitors.
We’ll break down the costs of Traxion’s offerings compared to other major players in the market, demonstrating why our unique SaaS-like subscription model makes us the smart choice for resolving tax debt. Plus, we’ll highlight why our tailored solutions deliver better results based on the amount you owe.
Understanding the Cost Structures
Competitor Analysis
Many tax resolution companies charge high upfront fees or large installment payments, which can be a financial strain, especially when you’re already dealing with tax debt. Let’s take a closer look at what some of the top competitors in the industry charge:
| Competitors | Description |
|---|---|
| Competitor A | High upfront fee of $3,000 – $7,500 for full-service tax resolution, regardless of the amount owed. |
| Competitor B | Sliding scale fees based on the amount owed, but often starting at a $5,000 retainer with additional charges for services like appeals or audits. |
| Competitor C | Hourly rates depending on the type of service that range from ~$150 to ~$500 per hour. The most popular are Trust Fund Recovery, Offer in Compromise, Liens & Levies, Installment Agreement, and Penalty Abatement. |
Traxion’s Cost-Effective Solutions
Unlike our competitors, Traxion offers a more accessible and predictable cost structure:
| Service | Description |
|---|---|
| TaxHopper | A flat, affordable subscription fee that is significantly lower than traditional resolution services. No hidden fees, and no need to worry about large payments upfront. |
| Full-Service | A personalized, one-on-one service for those with tax debts exceeding $50K for individuals or $25K for businesses. Our subscription model allows for more manageable payments over time, ensuring you receive expert help without the financial burden of massive upfront costs. |
Why Traxion’s Subscription Model is Superior
Flexibility and Predictability
Traditional tax resolution services often demand large sums of money upfront, which can be daunting. Traxion’s subscription model provides a flexible and predictable payment structure, making it easier for you to budget and plan. You get access to our services without the stress of a hefty financial commitment.
Tailored Solutions for Every Situation
By offering two distinct services based on the amount of tax debt, Traxion ensures that each client receives the most appropriate solution for their needs. This approach not only makes our services more affordable but also more effective, as you receive the exact level of support required for your situation.
Real-Life Savings with Traxion
TaxHopper vs. Competitor A
Consider an individual with a $30K tax debt. Here’s how the costs compare:
| Provider | Upfront Cost | Total Cost (12 Months) |
|---|---|---|
| Competitor A | $5,000 | $5,000 |
| Traxion TaxHopper | $899 | $899 |
Result: By choosing TaxHopper, this individual saves ~$4,100 while still getting expert assistance to resolve their tax debt.
Full-Service vs. Competitor B
For a business with $100K in tax debt:
| Provider | Starting Retainer | Total Cost (12 Months) |
|---|---|---|
| Competitor B | $5,000 Quarterly | $20,000 |
| Traxion Full-Service | $750 | $9,000 |
Result: Although cases are usually resolved within 3-6 months (depending on client responsiveness), the business saves over $11,000 with Traxion, effectively cutting their costs in half while receiving personalized, dedicated support from a licensed Enrolled Agent.
Choosing the right tax resolution service can make all the difference in managing your finances. With Traxion’s TaxHopper and Full-Service solutions, you not only receive top-notch expertise but also save significantly compared to other options. Our subscription model is designed to be flexible, affordable, and tailored to your specific needs.
Don’t wait—Contact Us today to learn more about how Traxion can help you conquer your tax debt with ease.