If you're looking for a tax relief company, you want to make sure they're good. We take a look at 5 tips for finding the best tax relief companies.
You owe thousands of dollars in taxes, and every time your mind flashes to this reality, you feel like you're stuck in a bad dream you can't wake up from.
The reality is that you're not alone. Millions of Americans end up falling behind on their taxes, and unfortunately, the mounting debt can feel too heavy to bear.
Fortunately, you may find the help you desperately need in a tax relief company.
Of course, if you're looking for a company that offers tax relief, you want to make sure they're good. Here's a rundown on five tips for finding the best tax relief companies this year.
Let's jump in!
1. The Best Tax Relief Companies Have Received Good Reviews
As you begin your search for a tax relief company, be sure to look for a company that has received a number of positive reviews on the Better Business Bureau (BBB).
Likewise, stay away from a company that has several BBB complaints -- even if the BBB has given that company an "A" rating. Particularly if the complaints are verified, this is a major red flag.
You can also take a look at a list of the most highly rated tax relief companies of 2019 at The Credit Review.
2. Look for Reasonable Offers
If your potential tax relief company is making big promises to you, you should be skeptical about what they're offering you.
What you truly want is a company that has no problem telling you "no" if you ask if they can guarantee that they'll eliminate a large portion of the tax debt you owe. That's because this is an indicator that the company is knowledgeable, ethical and honest.
As a general rule of thumb, it's best to go with a tax company that will under-promise and then surprise you by over-delivering.
3. Look for Patience
Stay away from a company that is in a rush to get you to sign on the dotted line of a power of attorney (POA) form or work agreement.
Instead, you should be given plenty of time -- at least half an hour or even an entire day -- to do research on the company.
4. Look for a License
Make sure that the staff at the tax relief company you'd like to hire are licensed. After all, any legitimate company must have certified public accountants, enrolled agents or attorneys who can serve as your POA with the Internal Revenue Service.
Even the person completing your initial consultation as well as the proposal phase should be a licensed tax relief professional.
5. Look for the Truth about Interest and Penalties
Avoid a tax relief company that says that your interest and penalties will end once you hire them.
The reality is that your interest will continue until your balance is paid. And penalties will happen if you don't file or make payments. So, stick with companies that will be honest with you in this area.
How We Can Help
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Get in touch with us today to learn more about how you can experience the tax relief you need with help from the right company.