5 Best Tax Relief Companies Of 2018

Owing back taxes to the IRS is a stressful experience. This guide from The Credit Review outlines 5 ways to pick the best tax relief company for you and our recommendations for the top tax relief companies of 2018.

2018 Best Tax Relief Services in America

How We Rank Tax Relief Services

When you owe back taxes to the IRS, finding a way to reduce that burden is essential. With so many tax relief companies popping up -- along with scammers posing as tax relief services -- it's important that you know how to find the best firm for you.

Even though your final decision depends greatly on your personal financial situation, we broke down some guidelines to help you in your search:

5 Steps To Finding The Best Tax Relief Company

Qualifications

Your first step when researching a tax debt relief company is to check their qualifications. You don't want to entrust just anyone with your finances.

Reputable tax services generally hold numerous accreditations and memberships, such as an accreditation from the BBB and memberships from the NAEA (National Association of Enrolled Agents), which provides education and training services to enrolled agents, and the NATP (National Association of Tax Professionals), which sets industry standards and offers tax research and educational services to members. Many tax relief services also hold additional local and state notifications.

You may also check their staff's licensing and accreditation. It's essential that the tax relief company has licensed attorneys on staff and that they are licensed to practice in all 50 states.

You can contact the company or check their website to see the credentials of their tax attorneys and enrolled agents.

Reputable Practices

Be on the lookout for red flags. Recently, there has been a large influx of scam artists in the tax relief industry that follow unethical practices. Be wary of any company that promises to rid your tax debt with pennies on the dollar or asks for money upfront without providing services. A reputable service will assess your tax situation before they advise you on your best option.

Services Offered

Check to see what services a tax relief company offers. While some only offer a few basic services, either due to a lack of training for their employees or because they would prefer to focus on more profitable areas, top tax relief companies offer a wide variety of services such as:

  • Administrative appeals
  • Asset seizers
  • Audit protection
  • Audit representation
  • Back taxes (unfiled returns)
  • Bank levy release
  • Bookkeeping services
  • Collection appeal
  • Corporate tax preparation
  • Currently not collectible
  • Free tax consultations
  • Garnishment and levy release
  • Individual state tax relief services
  • Innocent spouse relief
  • Installment agreements
  • IRS audit defense
  • IRS-approved continuing educational services
  • Offer in compromise
  • Payroll tax negotiation
  • Penalty abatements
  • State and federal taxes
  • Statute of limitations
  • Tax audits
  • Tax liens
  • Tax preparation
  • Wage garnishment release

Pricing

Depending on the tax relief service, the minimum required enrolled amount and pricing will vary, but reputable tax relief services do not charge any upfront fees before services are performed.

Most tax relief companies will generally require a minimum enrolled amount of $5,000 to $10,000. The amount charged varies greatly on the company and complexity of each individual case, although most accredited services could charge anywhere from $2,000 to $10,000. Services like Anthem Tax Services start their services at a low cost of $250.

Additionally, most reputable tax relief services offer some kind of money back guarantee. In addition to providing you peace of mind, this refund also shows that companies have good faith in their ability to provide the best services.

Customer Service

Another important factor to look for when choosing a tax relief company is their quality of customer service. You can check sites like the BBB or Trustpilot to see real customer reviews.

You can contact a company directly to ask any questions you might have to make sure that you will work with a reputable company that has licensed and enrolled agents. You can also gauge the reliability of their support staff and how efficiently they will work to improve your tax situation.

The Bottom Line

Finding the right tax debt relief company is an important step to fixing your finances. Check out our top picks for tax debt relief services here.