Category: IRS Tax Relief Education

What are Tax Relief Companies?

What are Tax Relief Companies? Tax relief companies make themselves well known via their commercials and also by phone calls to those with a tax lien. If you are behind on your ...

IRS Collection Facts and Statistics

IRS Collections and Enforcement Data We are going to examine the most recent data available on the IRS' collections and enforcement, sourced from the 2015 Internal Revenue ...

How Tax Liens Affect Your Credit Score May Change

How Tax Liens Affect Your Credit Score If you have fallen behind on taxes there is a very good chance that you have had or will have a tax lien filed by the IRS or state because ...

IRS Audits at 13 year low! To Pay or Not to Pay…

To Pay or Not to Pay, That is the Question IRS audits are the stuff of terror. They want to look at every detail of your finances and have the authority to make you give up the ...

Protesting Trump by Not Paying Taxes

Tax Protesting in the Age of Trump Apparently there is a small but growing population of Americans who say they are stopping their tax payments to the IRS, as a protest. The ...

The IRS’s Top Scams for 2017

Today we are going to review and comment on what the IRS sees as the biggest tax scams out there. Some of these scams make a victim of the taxpayer, such as identity theft, and ...

Unfiled IRS Tax Returns?

Unfiled IRS Taxes? Next Steps for You. If you have not filed taxes in past years for whatever reason, you are not alone. It is estimated that over a million people in the US ...

Collection Agency Calling about IRS Taxes?

The Privatization of the IRS Update: On April 4, 2017, the IRS confirmed the start date of the private Collection Agency Program. beginning in April of 2017 the IRS will be ...

IRS Fresh Start Program and Forgiveness

The IRS Fresh Start program explained You have heard on the radio and seen on TV advertisements for what the spokesperson usually calls the Fresh Start Program, Fresh Start ...

Most Frequent Tax Relief Questions

Note: the following is NOT intended to be legal advice. The following is an overview of the most common tax problems and related tax terms. For specific answers to your specific ...

Our Rating Criteria

Time in Business

How long a company has been in business can be a good indicator that they are doing something right and that their doors will be open going forward. Another benefit of a well-established company is over time the management and staff tend to become a stronger team and greater than the sum of their parts.

Licensure

When you hire a tax relief company or individual they are able to represent you by way of a specific power of attorney (IRS form 2848) with the IRS or state tax agency. An attorney, CPA or Enrolled Agent has the legal licensure to sign this form and represent your interests.

But who do you actually talk to before you hire a tax relief company? Very few tax relief companies employ licensed professionals to analyze your initial tax situation prior to a contractual engagement and power of attorney. The majority of tax relief companies fill this role with a fast-talking salesperson who knows just enough to be dangerous. As such they often give bad advice or suggest they can more than the can for less than they will ultimately charge you.

We highly recommend you only speak to an Enrolled Agent, CPA or attorney starting from the very first conversation.

Transparency

We dislike when tax relief companies are opaque about their ownership, management, and staff. If they are unwilling to tell us who they are, as well as their professional licensure status, then we think they are usually hiding something.

Online Reputation

While you cannot believe everything you read on the internet, you can get a good sense about a company's reputation. Angry customers love to tell the world. We look at a variety of credible sources to make a judgment.

Guarantee or Refund Policy

We believe that the client should come first. Tax relief companies that have a satisfaction guarantee and/or a refund policy stand out as willing to put the client's interests first.

Fees

We've found that tax relief companies that claim a "flat fee" for professional services rarely ever deliver because there are too many unknowns involved. As such, companies that claim flat fees tend to have the most client complaints surrounding the eventual price of services. An honest tax relief company will give you an estimate and bill you for work rather than give you a bate-and-switch on price.

Marketing Claims and Advertising

When we see a tax relief company touting how much money they can save you or that there are new government tax relief programs, we give them a big red flag. Despite the what you may have heard on the TV or radio, or read on a website, the IRS very rarely knocks money off a tax bill. Less than 1% of the population qualify so run the other way if a tax relief company is quick to offer big savings as the reason to hire them.

Associations

We like to see tax relief companies belonging to business and professional associations, or be recognized by peers or their community.