Many of the best tax relief companies only work with clients who meet minimal tax liability. These companies implement this minimum debt requirement to prevent customers from wasting money on ancillary service they don`t need. If their IRS debt doesn`t reach that minimum, the cost of tax debt relief may exceed their debt, making tax relief a waste of their money. The IRS offers several tax debt relief programs. Taxpayers can apply for tax relief directly from the IRS or hire a tax relief company to negotiate on their behalf. If you owe a tax liability of more than $10,000, it`s a good idea to hire a tax relief expert who has experience negotiating with the IRS. The “currently uncollectible” tax relief solution is a deferred payment that you can get if you can prove that you don`t have the funds to pay off your IRS debt. The IRS imposes hefty penalties for missed returns, which can have a significant impact on your overall tax burden. The best tax relief companies can help you prepare to pay taxes to avoid missing deadlines, but they can also file your tax arrears and minimize the penalties you have to pay. Optima Tax Relief is a full-service tax relief company. Free consultations are available and the company will help you fully understand your options before paying a fee. Optima Tax Relief boasts a two-step system with “Investigation”, which takes between two and four weeks, and “Resolution”, which lasts between three and nine months.
Attorney`s Tax Relief services are available in all 50 states. He specializes in resolving IRS tax debts. Below are a few companies that we thought were worth looking into, but ultimately didn`t make our list. Although they are not the best for all situations, they still offer services that some people may find useful depending on their situation. Tax relief companies employ a number of tax professionals who can help you negotiate payment options with the IRS and state tax authorities: from payment plans to suspending collections in times of financial hardship (a status referred to as “currently uncollectible”). Either way, if you focus on companies with good ratings and proven success with customers similar to yours, you may get the best of the tax breaks that companies have to offer. Before the launch of the Fresh Start program, it was nearly impossible for taxpayers to negotiate their tax debts with the IRS itself. As a result, tax relief companies have been popular solutions to help taxpayers deal with their debts. However, this program has made it easier for people with tax debt to get the help they need for free without having to hire a tax relief company. Tax Defense Network helps consumers resolve tax issues and provides basic tax preparation services. Community Tax helps customers nationwide settle state and federal tax debts with monthly payments.
Community Tax`s tax liability solutions include innocent spouse facilitation, compromise offers, and other services. In addition to tax breaks, the company also offers accounting, accounting and tax preparation services. Tax lawyers, registered agents and CPAs offer customized approaches to IRS tax obligations. Serves clients across the United States Charges a flat fee for its services. Make an appointment for a free consultation. Customers save an average of 96%. Tax relief takes many forms. Each of them aims to minimize your tax debt problems. However, they are made for certain problems.
Depending on the case, you can work in one or more areas. As a Better Business Bureau accredited company, Optima Tax Relief provides reputable and trustworthy services to clients in the United States. The team of tax experts includes tax lawyers and registered agents who are experts in all IRS tax liability matters. Once Optima Tax Relief has developed a tailored plan for your situation, proceed to the resolution phase, where Optima communicates with the IRS on your behalf. This state is the most expensive part of the tax break, but the cost largely depends on your situation – the more complex it is, the higher your fees. The firm has a diverse team of tax professionals, including tax lawyers, registered agents, auditors (CPAs) and dedicated settlement managers. These teams work together to provide you with fast and reliable relief from your tax debt. Optima also offers tax preparation services for individuals and businesses, as well as free consultations. During the free consultations, the company outlines its two-step approach: 1) putting in place a protection plan that includes filing documents to suspend immediate IRS action against you (usually takes up to 4 weeks) and 2) providing a summary of the case. The best tax relief companies offer a money-back guarantee so you can rely on their services.