The Beginner's Guide to Choosing the Best Tax Relief Services
A simple beginner’s guide to choosing the best tax relief services.
04/10/2022
Dealing with tax debts can be overwhelming both emotionally and financially. There is no shame in asking for help if you are struggling with tax issues and luckily there are many tax relief services that can help. check out these services that are top-rated in 2022 and see which one best suits your current needs.
Remember, if you need specialized financial advice, it is always a good idea to speak to a financial advisor.
What Is a Tax Relief Service and How Does It Work?
A tax relief service is a company that is mandated to offer various tax relief solutions to businesses and individuals by helping them get their tax debt under control. To achieve this, the tax relief service sets up a consultation meeting, listens to your needs, and advises individuals and businesses on how they can enter into agreements to reduce the tax debt burden. This can be done by making partial payments, paying their taxes in installments, or request for tax debt relief among other specialized tax relief services.
When you choose to work with a tax relief service, you give yourself or your business an opportunity to experience industry knowledge and to learn about tax relief services that you may never have discovered if you worked alone.
However, you need to be aware that there are numerous tax relief scam companies in operation today. These services are not going to help you. Instead, they will scam you off your hard earned money by charging you upfront fees and leave you with useless tax debt solutions. Don't fall for this trap.
One surefire way of identifying a solid and trustworthy tax relief service is by doing your research and checking if the company is accredited and recognized and if they have bagged several awards for best practices.
Here is a simple beginner’s guide to choosing the best tax relief services.
Check For Accreditation
Probably the most important thing you can do when choosing a tax relief service is to check for accreditation. You will find accreditation information from several sources including; the better business bureau, the national association for enrolled agents, and consumer affairs among others. If a tax relief service has received accreditation and is recognized by the government, it means that it is safe and reliable to use its services. Companies with zero accreditations should be avoided at all costs.
Look For a Money Back Guarantee
Ideally, a reputable tax relief service will give you a money-back guarantee. This means that if you are not satisfied with the tax relief services that they provide, they should be able to refund you the money that you have paid during a specified time period that is stipulated in the contract. A tax relief service that does not offer a money-back guarantee is a red flag as it could be a scam trying to swindle you of your upfront fees.
Similarly, you should be wary of services that ask you to make full payments upfront even before you sit with them or meet with their tax consultants. A company that asks for full amounts before offering any services is probably a scam.
Free Consultation
Choose a tax relief service that offers free consultation regardless of whether you will proceed to use their services or not. By offering free consultation, a tax relief service gives the customers an opportunity to learn about them and the services they provide before they decide to work with them. Free consultation also allows the customer to ask the right tax-related questions. Be sure to confirm if the tax relief service can connect you to a tax lawyer, or an agent who will personally walk you through the process and help you navigate your taxes in the future.
Look For Realistic Results
Let’s face it. Resolving tax issues can take time and especially if the tax burden has persisted for a while. A reputable tax relief service will be very honest with you and give you real solutions and timelines to your current situation. A tax relief service that claims to fix all your tax issues in record time is a red flag. Work with a company that partners with other bodies such as the IRS to determine your qualifications for certain tax relief options.
Do They Have Knowledge of The Available Programs Available?
Choose a tax relief service that has excellent knowledge of all tax relief programs available in your area. Different states have different programs that are available for specific groups of people. If a tax relief service is not able to provide the correct information and fumbles when you ask about details, chances are they may not be of help in fixing your tax issues.