FT. LAUDERDALE, Fla., March 18, 2019 (GLOBE NEWSWIRE) -- Cardiff Lexington Corporation (OTC: CDIX) and its subsidiary Platinum Tax Defenders, LLC a nationwide tax resolution firm announced today an exciting new service. In addition to their core business helping their clients resolve their tax debt, they are also helping their clients manage their tax health to ensure they don’t owe a large amount of taxes at the end of the year, pay out too much during the year, or receive any unforeseen IRS notices; while keeping clients compliant.
This highly popular “Tax Management Program” not only protects clients from future confrontations with the IRS and state, but ensures continuous protection. The program was originally designed specifically for Platinum Tax Defender clients who have been placed into resolution programs. Due to its popularity of having someone to consult with throughout the year and the related tax saving results, the Company is now offering the service to everyone nationwide.
“This is a tremendous client value to have professional consultation throughout the year proactively maximizing tax savings.” stated Platinum Tax’s CEO Sherri Gastelum. “Unlike regular tax preparation services that reactively handle taxes when it’s too late, Platinum’s highly popular “Tax Management Program” proactively ensures continuous year-round protection. We pull tax transcripts each quarter and send a comprehensive analysis of our findings. If any sort of tax issue has arisen in the background, our clients will be made aware immediately. This much needed advanced notice empowers the client to address the tax issue before a minor problem turns into a huge expensive problem.”
“Under Sherri Gastelum’s leadership Platinum Tax Defenders has been providing its clients with superior service since 2010. Saving clients over $10 million in Offers, Penalty Abatement and other programs” stated Alex Cunningham, Cardiff Lexington’s CEO, “The Platinum team prides itself on helping people with complicated tax matters. Whether you owe $2,000 or $2,000,000, Platinum Tax Defenders has the proven, results-oriented tract record to help you. This new “Tax Management Program” will increase client savings and provide peace of mind for clients while opening a significant new residual revenue stream contributing to the Company’s continued growth.”
The “Tax Management Program” brings professional oversight to identify anything out of the ordinary including but not limited to additional liabilities, random revenue officer examinations, audit requests, or identity theft. These and other red flags can now be quickly identified and addressed aggressively.
For participants the “Tax Management Program” includes annual federal and state tax return filings for that year in addition to year-round protection. The program is available to regular W2 employees, 1099 individuals, self-employed and business clients.
About Cardiff Lexington Corporation: Cardiff Lexington is a public holding company, much like a cooperative, leveraging proven management in private companies that become wholly owned subsidiaries. Our focus is not industry or geographic-specific, but rather proven management, market, and margin. Cardiff Lexington targets acquisitions of mature, high growth, niche companies. Cardiff Lexington's strategy identifies and empowers select income-producing middle market private businesses and commercial real estate properties. Cardiff Lexington provides these companies both 1) the enhanced ability to raise money for operations or expansion, and 2) an equity exit and liquidity strategy for the owner, heirs, and/or Investors. For investors, Cardiff Lexington provides a diversified lower risk to protect and safely enhance their investment by continually adding assets and holdings. Cardiff Lexington is led by strong and talented team of executives and advisors providing expert acquisition, market guidance and added value for subsidiaries and investors.
FORWARD LOOKING STATEMENT: This news release contains forward looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. These risks include the failure to meet schedule or performance requirements of the Company's contracts, the Company's liquidity position, the Company's ability to obtain new contracts, the emergence of competitors with greater financial resources, and the impact of competitive pricing. In the light of these uncertainties the forward-looking events referred to in this release might not occur.
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Source: Cardiff Lexington Corporation