TAX GUARD INTRODUCES THE LIABILITY INDEX© FOR ASSET-BASED LENDERS

More than two-thirds of companies considered for funding have hidden tax liabilities or are missing tax returns.Tax Guard, Inc. , a tax compliance monitoring service based in Denver, released today its inaugural Tax Guard Liability Index©, a monthly indicator of tax risk for asset-based lenders in the United States. Tax liabilities and missing tax returns are some of the most serious indicators of a borrower’s risk of defaulting on a loan payment. The Tax Guard Liability Index is created from a monthly analysis of over 5,000 companies Tax Guard monitors for tax