Tax Defense Network is a veteran tax debt relief company based in Jacksonville, Florida. This is an independent review of its services that compares the pros and cons of Tax Defense Network to other tax relief companies.
If you are behind on your taxes, you’re certainly not alone. Every year $458 billion in taxes go unpaid, according to the latest IRS tax gap study. That’s a lot of mullah. Despite its best efforts, the IRS only manages to recover $52 billion (11% of unpaid taxes) through audits and other tax enforcement strategies. That’s little comfort to taxpayers who have to deal with large tax bills they can’t afford to pay.
Tax debt is by far the worst kind of debt you can have because the IRS has unmatched debt collecting powers. The IRS has the authority to seize bank accounts, take possession of your property, and hold on to future tax refunds. However, that doesn’t mean taxpayers are completely hopeless. There are legal tactics to defend yourself from tax debt collections. The IRS also has repayment programs that help taxpayers significantly reduce their tax debt blob. Tax relief companies, such as Tax Defense Network, can help you negotiate with the IRS. However, they are not cheap. Companies that employ lawyers and CPAs rarely are.
What Tax Issues Does Tax Defense Network Consider?
Tax Defense Network is a tax debt relief company that has over 18 years’ experience negotiating with the IRS. The company has its headquarters in Jacksonville, Florida, and was founded in 1997. Its team of tax professionals can resolve most tax relief cases, such as
- Tax liens.
- IRS tax levies.
- Bank levies.
- Wage garnishments.
- Delinquent taxes.
- IRS tax penalties.
- Payroll tax issues.
- Services offered by Tax Defense Network.
What Services Does Tax Defense Network Offer?
Tax Defense Network offers professional help for a wide range of tax relief solutions including:
- Offer in compromise.
- Installment agreements.
- IRS payment plans.
- Negotiate tax settlements.
- Tax relief programs.
Tax Defense Network’s Price and Fees
The cost of tax relief services varies widely from case to case. Fees start at $3,000 and go from there based on the unique situation of the consumer and the services required. When given the example of a $50,000 IRS tax liability for one tax year, Tax Defense Network quoted fees of $4,000 – $5,600. They do offer payment terms, but since they provide the evaluation for free, they will not begin to resolve your tax issue until you start payments.
You will need to pay $500 for them to even start an investigation. Tax Defense Network only accepts taxpayers who owe $7.5k or more. This is actually a low limit when compared to most tax relief companies. The regular minimum debt is $10,000.
Tax Defense Network does not charge retainer fees. It uses a flat price model that doesn’t change throughout the negotiations of your case.
Tax Defense Network’s In-House Professionals
The Tax Defense Network has a staff of 70 tax professional, which includes tax attorneys, enrolled agents, and CPAs. Having certified accountants and tax attorneys on its staff is a big advantage over smaller companies that only employ enrolled agents who are not trained to deal with complex tax issues.
Tax Defense Network’s Affiliations
Tax Defense Network employs tax professionals who are certified by the National Association of Enrolled Agents (NAEA) and the National Association of Tax Professionals (NATP). Dun & Bradstreet gives Tax Defense Network a 1A1 rating and a Silver Power Profile.
After enrolling with an initial payment, the client has three days to obtain a full refund. Three days might not be long enough for some clients to enroll with full confidence. Optima Tax Relief, for instance, offers a 15-day money back guarantee. That said, Tax Defense Network will work to resolve customer disputes after the three-day refund period expires.
Tax Defense Summary
Tax Defense Network is an experienced tax relief service provider that offers a wide range of services. Its prices are competitive, and it employs a staff of experts that includes attorneys and CPAs.
Andrew is the managing editor for SuperMoney and a certified personal finance counselor. He loves to geek out on financial data and translate it into actionable insights everyone can understand. His work is often cited by major publications and institutions, such as Forbes, U.S. News, Fox Business, SFGate, Realtor, Deloitte, and Business Insider.