The Tax Resolution industry has been under a lot of scrutiny as of late. Companies such as JK Harris and Ronni Deutch have given the industry a so called "black eye." Fortunately, not every Tax Resolution Company is like these two and can provide you a very valuable service. The goal of this article is to help you decide what tax Resolution Company is best for you.
When looking for tax resolution representation, be suspicious of these types of companies. Companies that promise that you can settle for pennies on the dollar or what is also known as offer in compromise. In most cases, the taxpayer should have never filed the offer in the first place. The IRS in 2010 accepted fewer than 14,000 offers in compromise total. Evan Wolf founder of Wolf Tax Consultants explained, "We love nothing more than to get a successful offer in compromise accepted, however knowing when to file one is based upon thoroughly evaluating their financial situation." Also, be aware of companies that are charging you a lot of money for services that are not very complicated. Reputable companies should have a standard price for specific work and not base it upon how much they think you can pay. These types of companies also like to charge a very high retainer. Be careful paying for work that is not completed yet. These companies like to take your money and not do the work. Make sure to follow-up and keep in touch with these companies to make sure they are actually doing work on your file. Last situation to be leery of is the letters that you receive in the mail that you think are from the IRS, but in fact they are from a company trying to lure you in. Make sure who you call is a real company and they are not sending you to another company that you do not know or trust.
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We know that you work hard for your money; therefore there is no reason to throw it away. However, by hiring the right company you can save a lot of money. The bottom line, no one can tell you what IRS settlement program you qualify for until they thoroughly review your financial situation. Make sure the company you call is not selling you false hope. No matter what situation you are currently in, if you have a company representing you or not, Wolf Tax will treat you fairly, give you an honest evaluation of your situation, propose a strategy and successfully execute that strategy.
If you need help or are ready to get started, give us a call toll free at 888-965-3829 or visit http://www.wtaxhelp.com.
