Tax debt is more common than most people realize. In fact, in just one year, unpaid taxes, along with penalties and interest, have reached over $114 billion.
Oftentimes people end up with tax debt because they aren’t clear about how much they owe due to errors when filing or poor recordkeeping. Others have unpaid taxes simply because they don’t have the money to pay them or because they think they can slide by without filing.
Every year there is so much tax debt that the government misses out on loads of revenue. This is why there are severe actions that the IRS can take to collect the money that they are owed. In fact, in 2020 there were nearly 400,000 tax levy notices sent out and 300,000 tax liens filed.
People who ignore their tax debt are only postponing the inevitable, which becomes worse over time due to late fees, interest, and other fines. Instead of putting off facing your back taxes, you can work with a tax relief company to help you resolve your unpaid taxes.
A tax relief company uses the relief programs available through the internal revenue service to help taxpayers reduce, eliminate, or otherwise find debt settlements. There are many tax relief companies out there, however, it’s important to hire a professional and experienced company with proven results. Here are the best companies to help you with your IRS tax debt:
Tax Defense Network
The Tax Defense Network is a top tax relief company with a high consumer satisfaction rating. Providing tax relief services since 2007, the Tax Defense Network offers a free consultation, top-notch customer service, and charges a customized flat-rate fee for their tax relief services.
The tax professionals at TDN offer tax preparation services, tax audit representation, and tax debt relief assistance. They help you choose and apply for the best tax program for your needs, including offer-in-compromise, currently-not-collectible status, innocent spouse relief, and payment plans.
Anthem Tax Services
Anthem Tax Services is one of the best tax relief companies for those with smaller tax debts of under $10,000. They have an A+ rating with the Better Business Bureau and have been offering help for taxpayers since 2007.
Anthem services include back tax assistance, tax preparation, and tax relief. They are known for helping truck drivers with accounting and tax debt relief. Anthem Tax Services has a track record of providing their clients with fast relief, getting results in as little as one week.
Community Tax
Community Tax was founded in 2010 and has multiple positive customer reviews and a high rating. They offer free consultations to taxpayers to determine the best way to assist them with their tax issues. Community Tax has been known to help taxpayers around the country find tax relief.
Their services include IRS tax audit representation, tax preparation, and tax debt relief. Debt solutions include offer-in-compromise, innocent spouse relief, and installment arrangements. They serve taxpayers with varying debt, although some services have a minimum.
With a team of qualified tax professionals, such as enrolled agents and certified public accountants, Community Tax is able to represent its clients in front of the internal revenue service, providing complete, high-quality tax assistance.
Optima Tax Relief
Optima Tax Relief is a team of tax attorneys that provide customized tax services for qualified individuals. The company has a B rating on the Better Business Bureau website and has positive reviews on multiple online review sites.
Pricing with Optima Tax Relief depends on the taxpayers’ unique situation. They offer a 15-day money-back guarantee, making them a great option for those seeking tax relief. Those who work with Optima Tax Relief tend to have a positive experience, thanks to the client portal. Clients can log in to check on their case anytime, keeping them updated and aware of the status of their tax resolution.
Larson Tax Relief
Larson Tax Relief is a highly rated tax relief company with a 15-day money-back guarantee for new customers. They are a debt relief company with experience in handling personal and business taxes, including tax issues such as payroll, 1099 issues, and sole proprietorship. The company includes enrolled agents, giving them the ability to represent their clients before the IRS.
IRS Tax Relief Network
The IRS Tax Relief Network is a top tax relief company, offering expert tax relief services and providing clients with a fast resolution for their tax issues. The IRS Tax Relief Network has a proven track record of positive results for its clients, with a high customer satisfaction rating and full reviews.
With a team of qualified tax professionals, including enrolled agents, tax attorneys, and certified public accountants, the IRS Tax Relief Network can represent its clients during tax audits and negotiate with the IRS on their behalf. Offering tax relief services, including offer-in-compromise, currently-not-collectible status, installment arrangements, and more, the IRS Tax Relief Company is a great option for taxpayers who have tax debt.
In Conclusion
While there are many tax relief companies out there, it’s important to choose one that can adequately and effectively represent you in your tax situation. They will need to be experienced with proven results and satisfied customers. They will need to have the ability to help you apply for and obtain approval for a qualified tax relief program that meets the needs of your tax debt.
Due to the multiple fraudulent tax companies, it’s important to choose one of these reputable companies to help you in your situation. They may be able to help you lower your tax debt and/or set up affordable payments in order to settle your debt.
If you’re looking for the best tax relief company out there, start with the IRS Tax Relief Network. They have the knowledge, experience, and results, to help you find a positive resolution for your tax needs.