What is the best tax relief company?
The 7 Best Tax Relief Companies of 2022
- Best Overall: Precision Tax Relief.
- Best Guarantee: Anthem Tax Services.
- Best for Large Tax Debt: Fortress Tax Relief.
- Best for Small Tax Debt: CommunityTax.
- Best for Businesses: Enterprise Consultants Group.
- Best for Spanish Speakers: Tax Defense Network.
How much does it cost for Optima tax relief?
How Much Does Optima Tax Relief Cost? The cost range for the tax relief portion of Optima’s services is going to run between $2,000 and $5,000 depending on your specific needs. The initial fee for the investigation phase will be $295.00. You’ll have to pay this in full before Optima will take your case.
How does Optima Tax Relief work?
Optima Tax Relief is a company that helps people with tax debt deal with the IRS and set up a payment plan or settle their debt for less than they owe. The company works with taxpayers with at least $10,000 in tax debt and offers a free initial consultation.
Are tax relief services legitimate?
Yes, there are legitimate tax relief companies that can help you reduce your tax debt or get on an affordable payment plan. However, there are many scam companies as well. Do some research before choosing a tax debt relief company to represent you.
Does the IRS forgive debt?
However, the IRS works with taxpayers on a one-on-one basis, so one person’s tax debt burden could be entirely forgiven, while another person could be asked to pay off their debt in full. That’s because the agency only forgives tax debt in situations that warrant it.
Is Optima Tax Relief a ripoff?
This is an absolute Scam! That whole “we will negotiate on your behalf” is a complete and total lie. We engaged optima in 2020 and still have no resolution! They have taken almost $9,000 of our money and all we have is 2020 taxes filed.
Has anyone used Optima Tax Relief?
“I would definitely recommend Optima Tax Relief to anyone that has a situation with the IRS. They were fantastic.”
Why is a tax relief company calling me?
Why would the IRS call me? Typically, the IRS will only call you if you owe a significant amount of back taxes or if they field audit you. In either of these cases, the IRS will send you a notice by mail first before they attempt to contact you by phone.
Does IRS debt go away after 7 years?
In general, the Internal Revenue Service (IRS) has 10 years to collect unpaid tax debt. After that, the debt is wiped clean from its books and the IRS writes it off. This is called the 10 Year Statute of Limitations. It is not in the financial interest of the IRS to make this statute widely known.
How do I qualify for IRS Fresh Start Program?
People who qualify for the program
- Having IRS debt of fifty thousand dollars or less, or the ability to repay most of the amount.
- Being able to repay the debt over a span of 5 years or less.
- Not having fallen behind on IRS tax payments before.
- Being ready to pay as per the direct payment structure.
Does the IRS really forgive tax debt?
The IRS rarely forgives tax debts. Form 656 is the application for an “offer in compromise” to settle your tax liability for less than what you owe. Such deals are only given to people experiencing true financial hardship.