Legitimate 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.
Legitimate tax relief companies. The federal trade commission says that a company demanding payment before doing anything for you is a sign of a scam. You may be tempted to reach out to that tax company for help given the convenient timing however it s important to note that not all tax relief companies are legitimate. Those with less than 10 000 in taxes owed will need to consider other tax resolution companies. Optima tax relief is a great tax resolution firm for those who qualify with at least 10 000 in irs debt and who don t mind working with a younger company.
While there may be legitimate tax debt relief companies there are also plenty of scammers. Though the company is young it has resolved more than 1 billion in tax debt since opening in 2010. There are plenty of legitimate tax relief companies but there are also many fraudulent organizations posing as tax relief companies. Scammers know that being in debt to the irs can make people desperate and that they can capitalize on your fear.
When considering whether a tax relief company is legitimate. Most legit tax relief companies will offer a free consultation to briefly understand your tax debt issue. Most tax relief companies like community tax provide free consultations with no risk. Many risks arise when you re suddenly required to pursue tax relief as not all tax relief companies can be trusted.
Tax defense network has an average cost of 2 500 to 3 000 for its full services prices will be lower for less in depth services and higher for more in depth services a good price for the tax relief industry. 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. Tax relief companies use the radio television and the internet to advertise help for taxpayers in distress. They ll also offer some advice on whether they can help you and what to expect going forward.
However in past years unscrupulous individuals have preyed on the distress of unsuspecting citizens. Legitimate tax relief services bbb accredited companies do you want to negotiate a more convenient and affordable payment plan with the irs or when possible settle your debt with them for less than the full amount you owe. Some companies have misrepresented their negotiation capacities or sold nonexistent services.