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      June 26, 2016
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Tax Relief
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Tax Relief has become a focus for many people all across the country. Challenging economic times have dramatically increased the number of people with outstanding tax debts. The stress of owing the IRS and state tax authorities can be overwhelming, and threats to seize assets or garnish wages can only compound the seriousness of the situation.

Get Tax Relief With CuraDebt Today! Tax relief companies are often an effective solution to help people get out of their serious tax problems. Tax Relief companies work with their client's outstanding tax debts and in some cases can significantly reduce their tax debt. An expert tax relief company has many options available at their disposal, including validation of tax debt and negotiating with the IRS and state tax authorities in order to reduce the overall tax burden.

A number of different tax relief companies exist today that offer to work with people to reduce their tax debt. However, finding an effective and reliable tax relief company is easier said than done. Before choosing a tax relief service, you should consider a number of factors:

  • Reputation. How long has the Tax Relief company been in business? Are they a member of the Better Business Bureau or other 3rd party rating organization? Do they have a solid reputation of serving their customers?
  • Fees. What does the Tax Relief company charge for their services? When can you expect to be billed?
  • Process. What can you expect as far as resolving your tax problems? Is someone available from the Tax Relief company for questions and issues?

TopConsumerReviews.com has reviewed and ranked the best Tax Relief companies in business today. We hope these reviews help you find the right tax relief company to get your finances back on track!

Disclosure: We pay our reviewers for their reviews. We are not compensated by companies for their reviews, but we are compensated for links and advertisements on our website. Click here for details.

2016

Tax Relief Reviews

5 stars
CuraDebt

CURADEBTTopConsumerReviews.com Best-In-Class Blue Ribbon Award

CuraDebt is an excellent tax relief company. Their tax team has over 60 years of combined experience successfully assisting clients with all of their tax and debt problems that total $10,000 or more. They are experts with tax laws and have a strong attention to customer service.
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Site

4.5 stars
Community Tax Relief

COMMUNITY TAX RELIEF

Community Tax Relief has only been in the tax resolution business for 3 years but has a strong staff of experts. We liked the professionalism of this company, strong BBB rating and two-step process to resolving outstanding taxes. Read More... Visit
Site

4 stars
Tax Defense Partners

TAX DEFENSE PARTNERS

Tax Defense Partners has a good reputation of assisting customers with their tax problems. A quality staff, case manager assignment, and focus on the client helped them stand out. Read More... Visit
Site

4 stars
National Tax Relief

NATIONAL TAX RELIEF

While the National Tax Relief website is aged and unimpressive, this company has more than 15 years of successful tax relief history. Their industry knowledge, professional customer service team and history of IRS negotiating makes them stand out from other companies. Read More... Visit
Site

3.5 stars
Freedom Tax Relief

FREEDOM TAX RELIEF

Freedom Tax Relief works with clients that have $10,000 or more of outstanding tax debt. They have a good history of helping clients, but they're a little less transparent than we found with those ranked higher.
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Site

2.5 stars
911 Tax Relief

911 TAX RELIEF

911 Tax Relief is big on promises and provides an unprofessional, flashy website. The company states they charge clients accrued fees before explaining the estimated fees. We felt that customers should have access to upfront costs before doing business with this company. Read More... Visit
Site

1 star
Finance Calls

FINANCE CALLS

Finance Calls immediately created concerns for us. Tracking down the history of the company was a challenge and we saw red flags at every turn.
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What Is Tax Relief And How Do I Qualify?

At some point in time in your life, you may find yourself in need of tax relief. Maybe you’ve lost your job and are struggling to make ends meet, or maybe you’ve experienced an unforeseen medical issue that has drained what little bit of money you managed to put aside in savings.

Whatever the reason, tax relief exists to help those who need it most. That relief extends to monies owed to the Internal Revenue Service.

The Internal Revenue Service itself has established numerous tax-relief programs designed to assist taxpayers who have become delinquent in what they owe the federal government.

One of the most popular tax-relief programs the IRS offers is called an Offer in Compromise.

An Offer in Compromise, also known as an OIC, allows taxpayers to settle their debt for less than the full amount that is owed if they can prove that paying in full would cause a financial hardship for them. The Internal Revenue Service has loosened the eligibility requirements for the OIC program, so that more people can take advantage of it.

Qualified candidates for this option must meet specific criteria as determined by the IRS, and must provide documentation supporting their ability to pay, income level, current expenses and asset equity. Anyone who currently is in the process of bankruptcy does not qualify for this option. According to information provided by the IRS, it received nearly 60,000 requests for Offer in Compromise agreements within the last four years.

Another popular course of action is for taxpayers to enter into what is known as an installment agreement with the IRS. Taxpayers who agree to an installment repayment plan are seen as being in compliance, and the IRS is less likely to take a harsher course of action to recover back taxes. The only downside to an installment plan is that interest continues to accrue on the total amount owed while taxpayers are making payments, similar to what happens when a person makes only the minimum payment on a full credit card balance.

Another option – which is reserved only for those who truly qualify – is called the Currently Not Collectible program.

In order to qualify for this program, taxpayers must be able to prove to the Internal Revenue Service that paying any owed taxes would create an extreme hardship for the taxpayer. The taxpayer must show that they are unable to pay the taxes owed now or in the future. If this is an option you wish to pursue, it is best to seek out the help of a qualified tax professional to guide you through the process.

The IRS has a form specifically for this purpose, called the 433-F. Following a review of the information provided on the form, the IRS can grant the Currently Not Collectible status, which will be reviewed every year. After 10 years, if the IRS still deems the taxpayer to be qualified for this status, it will become permanent, and annual reviews will cease.

Contacting a qualified tax relief agency can be a great first step to identifying the best course of action to take for individuals who find themselves in need of tax relief. They have the knowledge and experience to determine the best course of action unique to each individual.

 

 

 

Chris Christie's property-tax relief plan: The 'burbs could use the bucks | Mulshine

"They're saying it's only Republicans who support it, but I'm a Democrat." - Brick Township Mayor John Ducey After Chris Christie's big school-funding announcement in Hillsborough Tuesday, I drove home through New Brunswick. That entailed driving down ...

Published:  Thu, 23 Jun 2016 04:31:00 GMT



Legislators meet with area veterans to discuss tax relief from 2016 session

Legislators met with a group of area veterans Friday at the Faribault American Legion to discuss legislation related to their military retirement pay that was passed and signed during the 2016 session. At Friday's meeting, state representatives met with ...

Published:  Sat, 25 Jun 2016 03:47:00 GMT



School Tax Relief program has new registration process for recent homebuyers

The New York State Department of Taxation and Finance announced a new registration process June 23 for the School Tax Relief (STAR) program, the only property tax exemption funded by the state. Instead of registering with an assessor, new homeowners who ...

Published:  Fri, 24 Jun 2016 07:33:00 GMT



Special Session Talks Nothing New for Minnesota

Gov. Mark Dayton and legislative leaders are looking at a possible overtime session to resurrect a $1 billion public construction package and a $260 million tax relief bill. But their struggles to find a compromise are nothing new. Talks of a special ...

Published:  Sat, 25 Jun 2016 10:10:00 GMT



OC Legislator Chris Eachus Presents Tax Relief Plan in Run for NY Senate

Chris Eachus (D-New Windsor), an Orange County Legislator who is running for New York's Senate District 39, said he would lower taxes by cutting unfunded mandates, giving tax credits to middle class families, and diverting more state aid to public ...

Published:  Tue, 21 Jun 2016 23:38:00 GMT



'Brexit' heralds 2020 state pension crunch time

There are also concerns about whether the state pension triple-lock, which sees pension income rise at the higher of inflation, average earnings or a minimum of 2.5%, and higher rate tax relief on pensions, will be scrapped as part of a post-referendum ...

Published:  Sat, 25 Jun 2016 02:18:00 GMT



Madison Seniors Could Be Getting Some Tax Relief

Madison, CT - For those Madison seniors struggling financially, a tax freeze could be coming soon. The town is talking tax assistance for senior citizens that are homeowners and in need of some relief. According to a report in The Madison Source, the ...

Published:  Thu, 23 Jun 2016 07:08:00 GMT



 

 

 

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