If you're facing severe financial hardship, finding the funds to pay for the services of tax relief professionals can be challenging. However, when you’re facing problems with the IRS or with your state taxes, you need the best available experts on your side. The money you spend for a tax relief professional can save you thousands of dollars, hours of hassle, and may even prevent you from facing criminal charges.
The best tax relief firms offer a variety of services, some of which you may know well, but others you may know nothing about. Tax relief services range from assistance with drafting a response to a correspondence audit to negotiating an Offer in Compromise to reduce a large ax obligation. Other tax relief services to look for include assistance with creating an installment payment agreement, gaining a reduction or elimination of tax penalties, pursuing Innocent Spouse Relief, or obtaining Currently Not Collectible Status due to economic hardship. Tax relief services can even assist clients with filing for bankruptcy.
In-house servicing is an important aspect of tax relief. The best tax relief firms provide a dedicated professional or team of professionals assigned specifically to your case. The last thing you want is a revolving circle of agents who must be briefed on the specifics of your situation.
Many tax relief firms are affiliated with one or more membership or oversight organizations. While such affiliations do not guarantee high quality, firms that have these affiliations demonstrate a greater sense of accountability. It’s not necessary that the tax relief professionals you work with be affiliated with all of these groups. However, a firm that has no outside affiliations should be approached with caution.
- National Association of Enrolled Agents (NAEA)
- National Association of Tax Professionals (NATP)
- American Institute of Certified Public Accountants (AICPA)
- National Association of Tax Resolution Companies (NATRC)
- American Society of Tax Problem Solvers (ASTPS)
Pricing and Fees
Bargain hunting is not advised when seeking tax relief services. However, there are legitimate money saving options you can and should seek from a tax relief service. The most useful services include a free introductory consultation, flexible payment plans, and a money back guarantee. Some tax relief services require clients to post a retainer; but others do not.
Support and Contact
The best tax relief firms feature informative articles and tools on their web pages that can be useful to taxpayers pursuing tax relief on their own. These tools can also help taxpayers determine whether a tax relief firm are needed, and provide insight to negotiating with the IRS. Clients should have ready access to their tax relief professionals, phone, and email are the bare minimum. Other useful customer services include in-person consultation and online chat.