Tax Guard, Inc.

Tax Guard, Inc. is a U. S. -based company specializing in real-time IRS tax data services, focusing on comprehensive assessments of tax risk to aid lenders in making informed financial decisions.

Founded in 2009, Tax Guard, Inc. provides unique tax data solutions that assist commercial lenders in uncovering federal tax liabilities. The company was recently acquired by Cogency Global Inc. from Falfurrias Capital Partners in September 2023, although financial terms were not disclosed.

CEO Hansen Rada leads the firm, which has completed a total of 2 deals since its inception. Tax Guard specializes in providing real-time IRS tax data services, focusing primarily on comprehensive tax risk assessments through their proprietary reports. Their flagship product uncovers federal tax liabilities, unpaid federal debts, and missing tax returns, which are often overlooked in traditional public records searches. By leveraging verified federal tax data, Tax Guard aims to enhance the decision-making process for commercial lenders, ensuring they have accurate and timely information when evaluating potential borrowers.

The company serves a broad client base, including leading commercial lending institutions across the United States, who rely on Tax Guard's insights to mitigate financial risk. Their products are utilized nationwide, helping lenders to identify hidden tax liabilities that could impact lending decisions. Tax Guard operates on a business-to-business (B2B) model, generating revenue through the provision of subscription-based access to its tax data reports. Clients typically engage Tax Guard through annual subscriptions or transactional agreements, wherein lenders order specific reports tailored to their needs before approving loans.

The company capitalizes on its unique offerings, which include detailed tax risk assessments and analysis services, to attract commercial lenders who value comprehensive due diligence. The pricing structure for these services is designed to scale according to the volume and frequency of reports requested by clients, ensuring flexibility and accessibility for various lending institutions. Tax Guard's revenue is directly linked to the successful identification of unseen tax liabilities, ultimately supporting lenders in making informed financial decisions. Following its acquisition by Cogency Global Inc.

on September 14, 2023, Tax Guard plans to expand its compliance service offerings. The acquisition is expected to facilitate growth, potentially leading to new product developments and enhancements in existing services. Specific new products have not been announced, but the integration into Cogency's portfolio may allow the company to reach broader markets and enhance its operational capabilities.