Find a Tax Relief Professional: Avoid Retainer Fee & IRS Pennies on the Dollar when you get Tax Debt Help
When should you seek a Tax Relief Professional and under what circumstances? You might decide to take on the IRS alone and could be successful. But if you feel over your head and want professional reassurance, seeking a tax relief professional is the best option for you. But how do you find a reliable one? When you need Tax Debt Help, watch out for a Tax Relief Professional that claims mentions anything about a "Retainer Fee" or "IRS Pennies on the Dollar!" We'll explain this in detail so you can get Tax Debt Help from a Tax Relief Professional that isn't trying to scam you out of your heart earned cash!
Watch out for "Retainer Fee" for Tax Debt Help
Any company that says the words "Retainer" or "Retainer Free" is probably only interested in collecting your money. A retainer fee is a fee that "holds the services until an actual agreement is made." This means that the Retainer fee is not the real charge. The retainer fee allows companies to legally hold the right to change prices to the agreement. Chances are good that if a company has a retainer fee, they can and will raise the price. Watch out for this phrase, and don't pay more than you have to.
Watch out for "IRS Pennies on the Dollar" from a Tax Relief Professional
"You can settle your debt for "IRS Pennies on the Dollar!" If you've been searching for information on Tax Relief Professionals, this phrase is sure to have come up more than once. It is referring to what the IRS calls an "Offer in Compromise." The offer in compromise allows you to settle your debt, but never for "pennies on the dollar." The term is used casually, which gives the impression that just anyone can apply for the program. However, the guidelines are rigid. Few people actually qualify for this program. If a Tax Relief Professional tells you that you qualify for this program without first knowing the specifics of your Tax problem, they are unreliable. Don't let them fool you with "IRS Pennies on the Dollar"!
Watch out for Direct Solicitation from a Tax Relief Professional
If the IRS has filed a notice of federal tax lien against you, you may receive a call or letter from a tax professional. This is a big red flag. In general, good quality tax professionals do not have to stoop this low to get clients.
Check the Better Business Bureau for the Tax Relief Professional
So you've found a Tax Relief Professional that seems reliable? The path to Tax Debt Help is not over yet. Now you need to check the Better Business Bureau and check their rating. If they have A Rating of at least "Satisfactory", you know this is a Business you can trust. If they are listed as "Unsatisfactory" or are not Better Business Bureau approved at all, this is a red flag. This seems like a lot of work, but it's necessary to ensure you get the right Tax Debt Help.