Especially when it comes to tax relief and tax resolutions. Most resolution firms sales people whose main income is from commission. And a lot of these sales people will tell you that their company can move mountains. Sales people will often promise you the moon to get your business. But the reality is that tax matters are complex and highly individualized and chances are, the sales person has little knowledge of what happens behind the scenes. But they give you false hope and they get you to sign up and pay their fees. And by the time you find out they can’t do anything except you into an installment agreement, you’re in too deep and already paid so you feel obligated to accept the resolution. This is how mot bigger firms work.
The IRS does not offer blanket settlements and there is no one-size-fits-all solution. Be sure you’re receiving guidance from a qualified, licensed tax professional such as an Enrolled Agent, CPA, or Tax Attorney. And make sure they specialize in tax resolutions. Someone who will provide you with honest, accurate information – not just appealing promises.
There is a company whose model is to tell every client that they will go for the Offer in Compromise as the first stage knowing full well that they will not qualify for any financial hardship programs. And the Offer in Compromise is what everyone wants to hear because no one wants to pay their full balance. But since Offer in Compromise may take, on average, 6-12 months for those in financial hardship, all this “strategy” really did was waste a lot of time and the balance has increased because of interest and penalties.
We will never waste your time and will tell you the truth, whether you want to hear it or not. That’s our job because we want to get you the best resolution possible for you. We will always fight for you. But we have to be realistic at the same time.
No one knows how much you owe until you get a compliance check for you with a power of attorney signed by you. Then, after doing a financial analysis, we can see what resolution(s) you qualify for. This is the way.
Don’t Believe Everything You Hear
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