What to Look for in a Tax Relief Service
By TOI Staff April 6, 2023 Update on : April 6, 2023
Dealing with taxes can be a daunting and stressful experience, especially if you owe back taxes to the IRS. However, with the help of reputable tax relief services, you can easily reduce your tax burden and resolve your tax issues. But with so many tax relief services, how can you select the right one? In this article, you will discover the key factors to consider when choosing such a service.
What are tax relief services?
These services help individuals and businesses resolve their tax problems with the IRS. They offer a range of solutions, including negotiations with the IRS, setting up payment plans, reducing penalties and interest, and submitting offers in compromise.
Tax assistance services are especially useful for those who owe back taxes, have unfiled tax returns, are facing wage garnishments or bank levies, or have received a notice of audit or collection from the IRS. They have a team of certified tax professionals with the expertise and experience to navigate the complexities of the tax system and find the best solution to the client’s tax issues.
Tips for choosing these services
Experience and Qualifications
When selecting a tax service, it is essential to ensure that the company has the necessary qualifications and experience to handle your tax situation. The company should have a team of certified tax professionals, including enrolled agents, tax attorneys, and CPAs. These professionals have the expertise and experience to handle the complications of the tax system and resolve your tax problems effectively.
Customer Service
Excellent customer service is essential when choosing a tax assistance service. The company should have knowledgeable and friendly customer service representatives available to answer your questions and provide regular updates on your case’s progress. A reliable tax service should also have a transparent communication system that allows you to communicate with them easily.
Free Consultation
Before hiring a tax assistance company, ensure they offer a free consultation. This consultation is an excellent opportunity to discuss your tax issues with the company’s professionals and determine whether their services suit your needs. During the consultation, they should provide you with an honest assessment of your situation, discuss the available options, and outline the fees involved.
Cost
When selecting a tax relief service, it is essential to consider the cost of their services. While the price shouldn’t be the only factor, ensuring you can afford their services without breaking the bank is crucial. A reputable tax relief firm should provide a clear breakdown of their fees and the services included in their packages.
Services Offered
When choosing a tax relief company, you must ensure they offer your needed services. Some common tax relief services include:
- Offer in Compromise (OIC)
- Installment Agreements
- Penalty Abatement
- Innocent Spouse Relief
- Wage Garnishment Release
- Bank Levy Release
- Tax Lien Release
Ensure that the tax relief company you choose offers the services you need to resolve your tax issues.
Dealing with tax problems can be a stressful and overwhelming experience. However, hiring reliable tax relief services can help you reduce your tax burden and easily resolve your tax issues. When selecting such a service, it is essential to consider their experience and qualifications, customer service, cost, reputation, services offered, and whether they offer a free consultation. By considering these factors, you can choose the right one for you and get the help you need to resolve your tax issues.