A tax relief company can provide many benefits throughout the resolution process for back taxes. Here are a few scenarios where hiring a tax relief company might make sense:
Gaining additional support and knowledge to understand the rules and forms
Potentially removing penalties to reduce the balance owed and lessen the pressure
Helping you avoid aggressive IRS collection techniques like the seizing of assets, bank levies, wage garnishment or a tax lien
Possibly lowering the total amount owed and making payment terms more straightforward for those with $10,000+ in back taxes
Supporting relief applications after a prior rejection
Saving time in a busy schedule by leaving it to a professional
Those hiring a tax relief company must be cautious, as many companies overpromise and underdeliver while charging high fees. Choose a tax relief company with a clean background and avoid scams like companies that charge large amounts upfront. A tax relief company should offer transparent processes, realistic results and knowledge of reputable tax relief programs.