What Should You Consider When Choosing A Tax Relief Service?
- August 3, 2019
- Posted by: asal
- Category: Tax Relief
Attempting to work with the IRS on your own to settle back taxes can be an overwhelming mission. You likely aren’t sure about how to advocate for yourself and what your rights are as a taxpayer. It’s possible you don’t know how much you owe in back taxes, or your tax situation may be too complicated. When you’re ready to settle your back taxes for good, you may want to consider hiring a tax relief firm. A tax resolution company, like Platinum Tax Defenders, can often settle your debts for less than you owe. However, when it comes to choosing a tax relief company, there are some things to consider. Many tax relief firms promise to get your debt down to “pennies on the dollar.” At Platinum, we’re realistic about the likelihood of you receiving a favorable outcome to settle back taxes with the IRS.
Experience Is Important
When looking for a tax relief company, the experience is essential. You don’t want to work with those who have only five years’ or less worth of experience. While everyone must learn, you don’t want a novice tax relief professional getting experience at the expense of your case. You should consider working with one who has been in the industry for several years, or longer. Platinum Tax Defenders has been serving taxpayers across the country since 2001.
This level of experience benefits you because a tax relief expert has likely handled cases just like yours. Alternatively, it’s possible that an experienced tax resolution professional has dealt with tax cases more complicated than yours. A knowledgeable tax relief expert will know how the current tax law applies to your situation. The tax relief professional will also know how to use the tax code to your advantage when working with the IRS.
How Long Has The Tax Resolution Firm Been In Business?
Another fact to consider when choosing a tax relief firm is to ask how long they’ve been in business. The experience that a tax resolution firm offers relates to how long it’s been in business. Typically, the standard for determining whether a firm has experience is if they’ve been in business for five-plus years. Depending on your case, you’ll want to retain a tax relief company that’s been in business for five-plus years.
Length of time in the business also directly correlates with how experienced the staff is to assist you. When deciding which tax relief company to work with, ask how long the company has operated. A newer company may lack the experience necessary to resolve your back tax issue to your satisfaction.
What is The Tax Relief Firm Better Business Bureau Rating?
Another factor to consider when choosing a tax relief company is their rating with the Better Business Bureau. A BBB rating can reveal a lot about a tax resolution firm’s integrity and professionalism. When reviewing your tax relief company’s BBB, you should examine its:
– Overall score
– Number of outstanding complaints
– The number of lawsuits, if any, filed against the company
If a tax resolution company has many outstanding cases or claims against it, you may want to stay away. Bad reviews could be a sign that the company fails to serve its clients and resolve cases satisfactorily. It’s advisable to avoid retaining tax relief firms that have poor BBB scores. Also, stay away from those tax resolution companies that are in the middle of lawsuits and complaints.
What are the tax relief company’s qualifications?
As a client, you want to ensure the tax relief expert can assist you to your satisfaction. Look for a tax relief firm that employs people who have certification as tax attorneys or tax resolution specialists. The tax relief specialists should ideally belong to professional organizations such as the American Society of Tax Problem Solvers. Tax attorneys should also have certification from the state bar.
At Platinum Tax Defenders, we employ CPAs, enrolled agents, tax attorneys, and x-IRS tax attorneys with years of experience. Our entire staff maintains updated licenses and has many years of experience assisting taxpayers with a variety of tax relief cases. Some of our tax attorneys even have experience as previous attorneys for the IRS. You can guarantee that our team of experts will help you achieve the best outcome for your case.
Does the tax relief firm have any references?
As a potential client, you can ask a tax resolution company for references before you retain its services. The company should offer you names and contact details of people with whom it’s worked in the past. If the company refuses to give you references, take that as a warning sign. Once you have a list of references, make contact with those individuals and ask them about the following:
– Their overall experience with the tax resolution company
– Whether the company disclosed prices and fees adequately and accurately
– Any surprises that arose in their cases
– How well they understood the terms of services
– If the staff was professional and helpful in their case
Depending on the feedback you receive, you can decide if you want to retain the tax relief professionals.
Ask about pricing
A reputable tax relief firm will be clear about its pricing upfront. You should have a clear understanding of how much you can expect to pay from the get-go. Avoid firms that say they charge flat rates for their services. These firms could be hiding fees that you’ll have to pay later after your case is underway.
Also, ask how much the tax relief firm charges per hour. Ask about the tax attorney’s retainer fee and miscellaneous fees such as courier costs, document preparation, and other fees. Also, make sure you have an idea about pricing details in writing before you start. Prices should not be subject to change without advance notice in writing.
Tax Relief firms should not offer a guarantee
If a tax relief firm is guaranteeing you success on your case, they are not reputable. In reality, a tax relief company can’t guarantee the outcome of your case. The tax resolution firm also cannot promise you’ll get the resolution you want from the IRS.
A reputable firm will tell you upfront that the outcome of your case depends on several factors, such as:
– The amount of back taxes you owe the IRS
– How old is your back-tax debt?
– Any penalties or interest you owe
– If the IRS has moved to garnish your wages or seize your assets
– Has the case been resolved with an Offer in Compromise, Installment Agreement, or other payment option?
The above factors make it challenging for any firm to guarantee how your case will turn out.
Get Help From A Tax Relief Professional at Platinum Tax Defenders
Hiring a tax resolution specialist can get you a better deal when attempting to get the IRS to release a tax lien. Platinum Tax Defenders can also help you determine for which tax resolution program you qualify. A tax attorney can help you determine which tax relief solution is right for you. The tax resolution specialist can also negotiate with the IRS on your behalf and submit the necessary paperwork. Owing tax penalties can leave you in bad financial shape. The IRS only wants to get what money you owe them in sentences. Often, they are willing to help you get tax relief from penalties, but you have to know how to try. That’s where a tax relief services company can come in handy. When you hire a tax resolution professional, there are other methods you can use to avoid costly tax penalties. Call Platinum Tax Defenders for a free consultation today.