Irs Tax Relief Companies
If you pay them an upfront fee which can be thousands of dollars these companies claim they can reduce or even eliminate your tax debts and stop back tax collection by applying for legitimate irs hardship programs.
Irs tax relief companies. Irs tax relief companies. Tax relief companies use the radio television and the internet to advertise help for taxpayers in distress. A tax relief company can help you prepare tax returns to file with the state government and irs. The way they calculate and assess these fees vary widely by organization as noted below.
Others may just be an expensive way to do something you can do on your own for free. Because each case is different the cost of relief services varies. Fees for tax relief companies. Tax relief companies provide serious tax law know how which serves as extra muscle when dealing with the irs.
Tax relief professionals charge fees for their services. The tax experts at a relief agency can help you navigate this process successfully. The 5 best tax relief companies of 2020. Tax preparation services typically include filing a paper or electronic tax return.
Average fees range between 2 500 and. Tax debt relief companies claim to be able to help you settle your bill with the irs for far less than what you owe. Some companies have misrepresented their negotiation capacities or sold nonexistent services. The irs states that the taxpayer advocate service is an independent organization within the irs and is your voice within the irs.
Most tax relief companies focus on helping people resolve debts. However in past years unscrupulous individuals have preyed on the distress of unsuspecting citizens. The majority of tax settlement companies charge their clients an initial fee that can easily run anywhere between 3 000 to 6 000 depending on the size of the tax bill and proposed settlement. The best tax relief companies offer free consultations to review the case and explain fees.
In this guide we ll provide tips for making a wise choice when choosing a company to assist with tax relief examine the best companies in the industry and answer frequently asked questions. Irs tax relief companies employ tax experts such as certified public accountants cpas enrolled agents eas tax attorneys and tax preparers who can help you find the best way to handle your outstanding debts with the irs as well as local and state tax authorities. Tax relief companies can help taxpayers resolve unpaid state and federal tax debt. We reviewed dozens of tax debt relief companies to find the five best that you can trust to help settle your irs tax debt.