EP 221: Solving Back Taxes and IRS Issues While Building Wealth with Fabian Cruz
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Are back taxes, IRS notices, or messy filings standing between you and your financial future?
In this week’s episode, Corwyn sits down with tax resolution expert Fabian Cruz to uncover how everyday people — investors and non-investors alike — can protect their income, avoid liens, eliminate tax debt, and take their life back through smart tax strategies.
Fabian Cruz is the founder of CITO Tax Resolution, a firm dedicated to helping individuals and business owners resolve IRS and state tax issues. Inspired by helping his own parents overcome a devastating tax problem, Fabian has built a mission around one message: “You deserve your life back.
Tax talk doesn’t have to be intimidating — and Fabian proves it. He breaks down the real risks of unfiled taxes, explains how poor entity setup can trigger massive problems for real estate investors, and shares a powerful story of a client who owed $300,000 yet paid nothing after his team stepped in.
Whether you flip properties, hold rentals, run a business, or just want peace of mind for your family, this episode gives you the tools to structure smarter, plan ahead, and protect the legacy you’re building.
Key Takeaways
- 06:00 Why Fabian Started His Firm How a personal family crisis led to the creation of CDO Tax Resolution and the mission behind the tagline: “You deserve your life back.”
- 10:00 The Hidden Dangers of Unfiled Taxes Understanding IRS penalties, liens, and how tax problems can block refinancing, dry up investment opportunities, and impact your credibility.
- 12:00 The #1 Mistake Investors Make: Bad Entity Structure Why mixing personal and business finances is a huge red flag — and how proper LLC and holding company setup protects your assets.
- 14:00 How a Farmer Beat a $300,000 Tax Debt A powerful real-life story showing how Fabian helped a business owner avoid collections entirely and protect his operations.
- 16:00 Using Trusts to Protect Your Legacy How revocable living trusts allow families to avoid probate and ensure a smoother transfer of properties and businesses to the next generation.
- Planning for the Future: Asset Protection & Tax Mitigation From LLCs and S Corps to solo 401(k)s and self-directed IRAs — Fabian outlines the foundational tools business owners must use to stay compliant and save on taxes.
Legacy Moment: Fabian reminds listeners that legacy isn’t just about the assets you pass down — it’s about creating systems that protect your family long after you’re gone.
Connect with Fabian:
Website: https://citotax.com/
Instagram: https://www.instagram.com/fabianpcruz/?hl=en
Connect with Corwyn:
Contact Number: 843-619-3005
Instagram: https://www.instagram.com/exitstrategiesradioshow/
Youtube: https://www.youtube.com/channel/UCxoSuynJd5c4qQ_eDXLJaZA
Linkedin: https://www.linkedin.com/in/cmelette/
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