Best Reviews TopConsumerReviews.com
Best Reviews
Best Reviews
      August 14, 2018

Home  >  Tax Relief

Best

Tax Relief

  1. Tax Defense Partners
  2. Freedom Tax Relief

Your Information Is Secure
60-Plus Ways to Save Money Newsletter

Latest Reviews

Coffee Clubs

Company Incorporation

CPA Exam Reviews

Credit Repair Companies

Home Warranties

Meal Delivery Programs

Medical Alert Systems

Mobility Scooters

Pet Insurance

Whiskey Clubs

 

Related Articles

Can the IRS Garnish Wages?

How To Choose A Tax Relief Agency

Protecting Yourself From Tax Relief Scams

Questions To Ask Tax Relief Agencies

Why Would The IRS Settle My Tax Debt?

 

 

 

 

 

Open Your Next Stock Trading Account with TD Ameritrade Today!

 

 

 

 

Lose Weight Today

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

Tax Relief Better Business Bureau Reliability Seal

Best Tax Relief Companies

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.

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.

Continue reading below reviews

Best Reviews

2018

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. 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

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.
Read More... Visit
Site

Continued from above

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!

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.

 

Property tax relief should be prioritized over Medicaid expansion

The ballot initiative petition drive for the "Medicaid Expansion" (otherwise known as Obamacare) has collected enough signatures to be put on the ballot. So far, Nebraska is one of only 17 states smar...

Published:  Sun, 12 Aug 2018 14:00:00 GMT



New property tax relief petition drive set to begin

A new billion-dollar property tax reduction petition proposal has been submitted to the secretary of state with the goal of gaining a slot on the 2020 election ballot while applying pressure on the 20...

Published:  Tue, 07 Aug 2018 14:00:00 GMT



Some tax relief for consumers: Sanitary products, uniform, nappies

There is some good news for consumers who are being strangled by the economy: essential items such as sanitary towels, school uniforms and nappies (both infants and adults) will be exempt from value-a...

Published:  Fri, 10 Aug 2018 09:08:00 GMT



'Inaccuracies' causing delays to film tax relief

Ireland is losing international TV and movie productions due to delays and issues with the tax incentive scheme, according to sources close to the industry. An upgraded Section 481 was launched in 201...

Published:  Sun, 12 Aug 2018 10:00:00 GMT



Where reality blows lids off tax relief

Editor's note: This is the last of a two-part series examining taxes in Lincoln County. Part 1, published in Sunday's Telegraph, can be read here. It's a familiar argument: If we hadn't done something ...

Published:  Wed, 08 Aug 2018 01:15:00 GMT



City unveils legislative plan for property tax relief

Over the past two state legislative sessions, the cities of Texas have been on the defensive. In fighting against Republican-led efforts to impose stringent revenue caps on local communities, municipa...

Published:  Wed, 08 Aug 2018 07:27:00 GMT



'Going to war' for tax relief: Bergmann

'Going to war' for tax relief: Bergmann NJ must seize the moment to straighten out its fiscal problems. And citizens must do their part by putting pressure on Trenton to do so. Check out this story on ...

Published:  Fri, 10 Aug 2018 13:45:00 GMT



Sweet relief owner asks Gearhart for some sweet tax relief

Sweet Relief co-owner Oscar Nelson went before the City Council on Wednesday to seek some relief for a city sales tax that is more than three times higher than other cities in Oregon. "I implore you a...

Published:  Thu, 02 Aug 2018 09:16:00 GMT



Share Us!    Share TopConsumerReviews.com on Twitter Share TopConsumerReviews.com on LinkedIn Share TopConsumerReviews.com on Google+ Share TopConsumerReviews.com on Pinterest

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure