So, let’s delve into the world of tax credits, government incentives, and Stenson Tamaddon’s services to uncover the truth behind the question: Is Stenson Tamaddon a Scam? Let´s find out in this short review!
Company: Stensom Tamaddon (Stentam)
Owner: Eric J Stenson (CEO)
Who is it for: business owners
Before we continue we just want to mention something important. Please make sure to ALWAYS do your own research and to compare different alternatives before making any decisions when it comes to financial services.
Ok, with that being said, let´s continue with the Stensom Tamaddon review!
Do you own a business and find navigating the intricate realm of tax credits and government incentives challenging? If so, you’re not alone. Numerous enterprises need help navigating the complexities of tax credit claims while concentrating on their primary business activities. That’s where Stenson Tamaddon comes in.
Stenson Tamaddon, often referred to as StenTam is a compliance-first, technology-enabled financial solutions firm based in Phoenix, Arizona. Their primary goal is to help businesses, including yours, maximize their qualification for tax credits and government incentives. But the question remains, is Stenson Tamaddon a scam, or can they genuinely assist your business in claiming the credits it deserves?
In this review article, we will closely examine Stenson Tamaddon’s core services, explore their process for claiming tax credits, examine the features they offer, and analyze the feedback from their clients. We aim to provide an objective and informative assessment of whether StenTam is the right partner for your business’s financial needs.
What is Stenson Tamaddon?
Stenson Tamaddon, or StenTam, differs from your average financial services provider. They pride themselves on being a compliance-first firm, prioritizing adherence to regulations and guidelines. This focus on compliance ensures that businesses work within the legal framework while claiming tax credits and government incentives, providing peace of mind to their clients.
But what sets Stenson Tamaddon apart is their seamless technology integration into their financial solutions. By leveraging cutting-edge technology, StenTam streamlines the otherwise daunting process of claiming tax credits. Blending financial expertise and technological innovation creates an efficient and effective system that benefits clients in various industries.
Stenson Tamaddon operates from its headquarters in the vibrant Phoenix, Arizona, serving businesses nationwide. Their strategic location in the business hub of Arizona allows them to connect with diverse industries and stay abreast of evolving financial regulations.
Behind the scenes, StenTam is powered by a team of experienced professionals who excel in tax credits and incentives. These experts possess in-depth knowledge of the intricate tax landscape and have a proven track record of assisting businesses in optimizing their potential tax benefits. Their expertise and dedication to personalized service ensure clients receive tailored solutions for their unique financial needs.
One of Stenson Tamaddon’s standout offerings is its proprietary tax technology platform. This advanced platform is designed to simplify the tax credit claiming process for businesses of all sizes. By leveraging automation and digital tools, StenTam’s technology allows businesses to streamline their tax credit applications efficiently.
How does Stenson Tamaddon work? Process and Timeline
Claiming tax credits with Stenson Tamaddon is a straightforward and well-organized process. Here is a detailed explanation of its functioning, presented in a step-by-step format:
Step 1: Business Information Gathering
The process begins when businesses contact Stenson Tamaddon and provide essential information about their company and potential tax credits. Such data may encompass financial records, research and development (R&D) documents, and employee retention logs.
Step 2: Expert Review and Eligibility Assessment
StenTam’s team of experienced professionals diligently reviews the submitted information to determine the business’s eligibility for tax credits. To determine the timeframe for this expert analysis, we will consider the company’s tax situation’s complexity, which may require several weeks.
Step 3: Filing the Claim
If the business is deemed eligible, Stenson Tamaddon files the tax credit claim on their behalf. This involves preparing and submitting all the necessary paperwork to the appropriate government agency.
Step 4: Constant Communication and Status Updates
Throughout the process, StenTam maintains regular communication with the business. This entails furnishing status updates regarding the claim, handling any arising inquiries, and promptly resolving all concerns.
Step 5: Collecting the Tax Credits
Once the claim is approved, Stenson Tamaddon assists the business in collecting the tax credits. This could mean receiving a tax refund or obtaining a credit against the company’s tax liability.
The time it May Take to Determine Eligibility and File Claims
The timeline for determining eligibility and filing tax credit claims with Stenson Tamaddon can vary based on several factors. The complexity of the business’s tax situation, the type of credit being claimed, and the workload of the government agency all play a role in determining the duration.
In some cases, businesses may receive an eligibility assessment within a few days, while others with more intricate financial situations might require a longer evaluation period. For the exact time duration, you should get in touch with representatives from Stenson Tamaddon.
Stenson Tamaddon Services
Employee Retention Credits
Employee Retention Credits (ERC) are a vital lifeline for businesses striving to retain their workforce during challenging times. Stenson Tamaddon’s expertise in ERC can prove invaluable in helping businesses navigate this process. It functions as a tax credit, which the government can refund to incentivize businesses to retain their workforce during periods of economic difficulty.
In order to avail of the Employee Retention Tax Credit, follow these steps:
Step 1: Apply
Businesses interested in claiming ERC can begin by filling out a form to determine eligibility.
Step 2: Upload
Using Stenson Tamaddon’s secure system, businesses can safely upload all the documents and information required for the ERC application.
Step 3: Eligibility
StenTam’s dedicated team of tax associates will review the provided data and estimate the potential refundable credit the business may be eligible for. Notably, if no credits can be claimed, there is no cost incurred.
Stenson Tamaddon understands businesses might face immediate financial needs, so they offer Advance Funding. For this service, businesses need to submit certain documents to initiate their application:
- Government Issued ID
- Articles of Formation/Incorporation
- Operating Agreement or By-Laws
- 2019-2021 Business Tax Returns
- 2019-2022 Profit & Loss and Balance Sheet
- Most Recent Bank Statement
By providing these documents, businesses can gain access to quick funding, potentially receiving it in as little as 72 hours. The best part is that there are no application fees involved.
R&D Tax Credits and Work Opportunity Tax Credits
In addition to Employee Retention Credits, Stenson Tamaddon offers support in claiming two other crucial tax credits:
R&D Tax Credits: Incentives like Research and Development (R&D) Tax Credits promote corporate investment in research and development endeavors. StenTam’s team of experts can guide businesses through claiming these credits, helping them maximize their eligible R&D expenses.
Work Opportunity Tax Credits: Stenson Tamaddon’s comprehensive services extend to Work Opportunity Tax Credits, which incentivize businesses to hire individuals from specific target groups, such as veterans or individuals with barriers to employment.
By assisting businesses in understanding eligibility criteria and facilitating the claiming process, StenTam helps them access these valuable credits.
With Stenson Tamaddon’s diverse range of services, businesses gain a reliable partner that streamlines the claiming process for various tax credits and government incentives.
Stenson Tamaddon Features
Dedicated Account Managers
One of the standout features of Stenson Tamaddon is their commitment to providing dedicated account managers for their clients. Businesses partner with StenTam and are assigned a one-on-one account manager who becomes their primary point of contact throughout the tax credit claiming process.
This personalized approach ensures clients receive individualized attention and support tailored to their needs.
There are numerous advantages to having a dedicated account manager. Clients can expect prompt responses to their inquiries, timely updates on their claims, and expert guidance every step of the way.
The account manager’s in-depth knowledge of the tax credit landscape enables them to navigate complexities efficiently, ultimately streamlining the entire process for the business.
Time is of the essence when it comes to tax credit claims, especially during periods of economic hardship. Stenson Tamaddon recognizes this, and their commitment to accelerated processing sets them apart.
For Employee Retention Credits (ERC), StenTam can help businesses file their claims in as little as 12 days. This swift processing ensures that businesses receive the financial support they need promptly, helping maintain their workforce and operations.
Stenson Tamaddon’s proprietary tax technology platform is a key differentiator in their service offerings. This advanced platform is designed to streamline the tax credit claiming process, allowing businesses to navigate the complexities effortlessly.
The platform’s intuitive interface enables businesses to upload their documentation securely, track the progress of their claims, and communicate seamlessly with StenTam’s expert team. Furthermore, the platform integrates with ADP and Paychex, making it easy for businesses to sync their financial data for smoother tax credit applications.
Businesses facing immediate financial needs can use Stenson Tamaddon’s ERC Advances. This service allows businesses to access funding quickly to address urgent requirements. The application process is straightforward; businesses must provide specific documents to initiate their application.
By offering ERC Advances, StenTam demonstrates its commitment to supporting businesses during challenging times, providing them with the necessary resources to navigate economic uncertainties successfully.
Stenson Tamaddon’s client portal is a comprehensive business hub for managing their tax credit journey. The portal includes various features, such as a compliance dashboard, payroll reconciliation, PPP and tax credit allocation, and more. This centralized platform gives businesses greater control and visibility over their tax credit claims and financial data.
Audit Protection & Legal Support
StenTam stands behind the accuracy and legitimacy of the claims they assist businesses in filing. They offer integrated audit protection and legal support to provide an additional layer of confidence. The company guarantees up to $1 million in protection for every client, demonstrating its commitment to accuracy and compliance.
The constantly evolving landscape of tax regulations requires businesses to stay updated and compliant. Stenson Tamaddon recognizes the importance of compliance and prides itself on staying abreast of current IRS rules and guidelines. Their employer dashboard assists clients in maintaining compliance with changing regulations, mitigating potential risks associated with tax credit claims.
Stenson Tamaddon goes beyond providing services by offering valuable resources to its clients. Their ERC resources include a helpful blog with informative tax credit posts, frequently asked questions about ERC and even a free ERC webinar. These resources empower businesses with the knowledge and tools to make informed decisions about their tax credit claims.
Stenson Tamaddon Fees
When discussing fees, Stenson Tamaddon takes a transparent and client-centric approach. The company does not publicly disclose specific fee structures on its website or marketing materials. The focus lies on personalized service and customized solutions catering to individual client requirements instead of relying on artificial intelligence detection.
Businesses are encouraged to contact Stenson Tamaddon’s representatives directly to obtain up-to-date and accurate information about their fees. By doing so, clients can have a detailed discussion about their specific requirements and receive a clear understanding of the associated costs.
Stenson Tamaddon believes in providing transparent and honest communication, ensuring clients can make informed decisions based on their financial goals and budget considerations.
Stenson Tamaddon Customer Service
Stenson Tamaddon prioritizes exceptional customer service to ensure their clients’ seamless and satisfying experience. They offer a range of support channels through which businesses can seek assistance and address their questions promptly.
Clients can easily reach out to StenTam’s customer service team via phone. A dedicated support representative will be available to assist with inquiries, guide the claiming process, and offer any necessary clarifications.
For clients who prefer written communication, Stenson Tamaddon offers email support. Clients are welcome to email their inquiries or concerns, and the customer service team will promptly provide the necessary information in response.
The convenience of real-time support is available through StenTam’s live chat feature. Businesses can engage in instant messaging with a support representative, receiving quick answers to their queries.
Dedicated Support Representative
Stenson Tamaddon believes in personalized attention for its clients. As such, clients are often assigned a dedicated support representative who becomes their main point of contact. This personalized support ensures continuity and a deeper understanding of each client’s requirements.
Videos & Tutorials
To further assist businesses, Stenson Tamaddon provides helpful videos and tutorials. These resources serve as valuable guides, offering step-by-step explanations of the claiming process and useful tips.
StenTam’s company blog is a treasure trove of information. Clients can explore informative articles on tax credits, government incentives, and compliance, helping them stay informed and make well-informed decisions.
Stenson Tamaddon maintains an active presence on social media platforms. By following their accounts, businesses can stay updated on the latest news, events, and tips related to tax credits and incentives.
Overall, Stenson Tamaddon goes above and beyond in offering multiple support channels to ensure their clients have easy access to assistance whenever needed. Their commitment to top-notch customer service reflects their dedication to guiding businesses toward financial success and maximizing their potential tax benefits.
Is Stenson Tamaddon a Scam?
So, is Stenson Tamaddon a scam? No, of course not, it´s a legit company with real physical address and real owners. However, if it´s your best alternative out there is a whole different story. That leads us to the online reviews that are to be found about the company and it´s services.
Stenson Tamaddon Online Reviews
Online reviews provide valuable insights into the reputation and credibility of a company. Look closely at Stenson Tamaddon’s standing based on reviews from various reputable platforms.
Stenson Tamaddon boasts an excellent public reputation on Google. Many clients have had positive experiences with their services, as evidenced by an impressive rating of 4.7 out of 5 stars from 67 Google reviews. Clients often highlight the company’s dedicated account managers, fast claim processing times, and exceptional support as reasons for their high satisfaction.
On Trustpilot, another trusted review platform, Stenson Tamaddon maintains a rating of 4.1 out of 5 stars, derived from 135 reviews. Client feedback reinforces the company’s commitment to transparency and efficiency in handling tax credit claims. Clients appreciate the personalized service, quick responses, and the peace of mind of knowing their claims are in capable hands.
BBB (Better Business Bureau)
Stenson Tamaddon’s presence on BBB is another indicator of their credibility. As of our latest information, the company has a favorable profile reputation with no significant complaints registered. This reflects positively on their dedication to providing reliable services and resolving any issues that may arise with utmost professionalism.
While Glassdoor primarily focuses on employee reviews, it can offer insights into the company’s work culture and values. Stenson Tamaddon’s positive Glassdoor ratings indicate a supportive and dynamic work environment, which often translates into better customer service and overall client satisfaction.
In short, Stenson Tamaddon’s online reviews across multiple platforms showcase a consistent trend of satisfied clients and a solid reputation. Their commitment to personalized service, efficient claim processing, and expert guidance resonates with businesses seeking reliable support in claiming tax credits and government incentives.
What Claims does Stenson Tamaddon make?
Stenson Tamaddon makes several significant claims highlighting their expertise and commitment to helping businesses maximize their tax credits and government incentives. Let’s explore these claims in detail:
StenTam claims to have a team of experienced professionals with in-depth tax credit knowledge. They assert that their experts are well-versed in the tax credit claiming process and can precisely navigate the complexities, benefiting businesses seeking financial incentives.
StenTam claims to employ a proprietary tax technology platform to streamline the tax credit claiming process. They assert that this advanced platform allows businesses to easily upload essential documentation, track claim progress, and communicate seamlessly with their team of experts, enhancing overall efficiency.
Peace of Mind
StenTam asserts that businesses can experience peace of mind by working with them, knowing their tax credit claiming process is in competent hands. They claim to handle all the paperwork and communication with government agencies, enabling businesses to focus on their core activities.
Stenson Tamaddon provides evidence to support their claims through the following means:
Stenson Tamaddon has received positive testimonials from businesses that have benefited from their services on reputable platforms like Trustpilot. These testimonials showcase client satisfaction and highlight how StenTam’s support led to successful tax credit claims and increased financial benefits.
StenTam features informative case studies on their website, illustrating real-life examples of how they have assisted businesses in claiming tax credits. These case studies delve into specific business scenarios, detailing the challenges faced and the favorable outcomes achieved with StenTam’s expertise.
By presenting testimonials and case studies, Stenson Tamaddon substantiates its claims and reinforces its reputation as a reliable partner for businesses seeking expert guidance in the tax credit claiming process.
Pros and Cons of Stenson Tamaddon
- Compliance-focused approach for accurate tax credit support
- Integrated audit and legal support for added protection
- Fast claim processing times, especially for ERC claims
- Comprehensive client portal with advanced features
- Personalized service with dedicated account specialists
- Option for ERC Advances to access funding quickly
- Nontransparent fees require direct contact for details
- Potential occasional delays in response times
- Consideration of the timeline for claiming tax credits
- Being a relatively new company in the industry
Alternatives to Stenson Tamaddon
While Stenson Tamaddon provides valuable tax credit-claiming services, businesses may also consider exploring alternative companies that offer similar solutions. Here are some brief introductions to these alternative firms:
Meran Tax is a full-service accounting firm helping businesses claim the R&D tax credit. With a team of experienced professionals, they assist clients in understanding their credit and filing their claims with precision.
H&S Tax Accounting
H&S Tax Accounting is another reputable accounting firm offering R&D tax credit services. Their team of tax professionals provides expert guidance, helping businesses assess their eligibility and navigate the claim process.
Edelson & Company
Edelson & Company is a tax consulting firm known for its expertise in assisting businesses with R&D tax credit claims. Their experienced professionals offer personalized support, ensuring clients maximize their potential benefits.
Businesses seeking tax credit support can explore these alternative companies alongside Stenson Tamaddon to determine the best fit for their needs and preferences.
How to Protect Yourself from ERC Scams?
To safeguard yourself from potential Employee Retention Credit (ERC) scams, it’s crucial to remain vigilant and take necessary precautions. Here are some essential tips to help protect yourself:
Be Wary of Unsolicited Offers
If you receive unsolicited offers to assist with claiming the ERC, exercise caution. Legitimate ERC providers will not cold call, email, or contact you through social media. Be skeptical of any unexpected outreach.
Do Your Research
Before engaging with an ERC provider, conduct thorough research. Visit their website to read feedback and recommendations from past customers. Additionally, please search for the Company’s profile on the Better Business Bureau website to assess its credibility.
Feel free to ask questions if you are unsure about a particular ERC provider. Inquire about their fees, experience, and success rate in handling similar cases. Reputable providers will gladly address your concerns.
Get Everything in Writing
Before committing to an ERC provider, ensure that all terms and conditions are documented in writing. This includes their fees, the expected timeline for claiming credits, and any potential risks associated with an audit.
Be Aware of Red Flags
Stay alert for red flags that could indicate potential scams, such as:
- High-pressure sales tactics to rush you into a contract.
- Guarantees of excessively high refunds, as no legitimate provider can guarantee outcomes.
- Unusually low fees that seem too good to be true.
Report Scams to the IRS
If you suspect you have fallen victim to an ERC scam, promptly report it to the Internal Revenue Service (IRS). You can file Form 14157, “Report of Identity Theft Affidavit,” to bring the matter to their attention.
Following these tips can safeguard yourself and your business from falling prey to ERC scams. Being cautious and informed will help you make sound decisions when seeking assistance with tax credit claims.
What is ERC (Employee Retention Credit)?
The Employee Retention Credit (ERC) is a refundable tax credit established by the CARES Act in 2020 to aid businesses in retaining employees during the COVID-19 pandemic. It allows businesses to claim up to 50% of wages paid to retained employees during the covered period, which spans from March 12, 2020, to December 31, 2020, for most businesses.
How does a company qualify for ERC?
A company qualifies for the Employee Retention Credit (ERC) if it meets specific eligibility criteria. Qualifications include experiencing a full or partial suspension of business operations due to government orders during the pandemic or experiencing a significant decline in gross receipts. Consult with tax experts or ERC providers for accurate eligibility assessment.
What is the revenue of Stenson Tamaddon?
According to Zoominfo, the revenue of Stenson Tamaddon is less than $5 million.
In the end, Stenson Tamaddon emerges as a compliance-first, technology-enabled financial solutions firm, offering valuable assistance to businesses seeking tax credits and government incentives. Their proprietary tax technology platform, dedicated account managers, and accelerated claim processing set them apart.
While positive online reviews and testimonials substantiate their claims, businesses should consider the potential risks, such as nontransparent fees and timeline considerations. Businesses can make well-informed decisions by staying cautious and informed and exploring alternative companies like Meran Tax and H&S Tax Accounting.
To safeguard against ERC scams, conduct thorough research, inquire about any doubts, and promptly notify the IRS if you encounter any suspicious activities. With due diligence, businesses can leverage Stenson Tamaddon’s expertise for financial success.
I hope you found this short review on Stenson Tamaddon to be helpful and that you now know that it´s not a scam. If you have used any of their services then please share your experience in the comment section below as it can help others!
I wish you success!
Michael, founder of Gold Retired