If you are facing an IRS levy, chances are that you are under immense stress. However, you need not to worry too much because there are ways to have the same released. The safest way to approach the same is to hire a tax relief company. To be on the safe side, it is advisable not to choose just any company. This is because not all service providers out there have what it takes to stop such a levy. What should you consider before making a decision?
Experience is among the most important factors to consider. Understand that there are plenty of unscrupulous providers out there, especially online. You should be careful to choose a Precision Tax Relief company that can deliver and not one that simply gives promises. Choose a provider with specialized tax knowledge in handling a myriad of tax problems. Most importantly, they should be experienced. Checking the type of reviews a provider has from past clients is important. Ensuring that they are in good standing with the BBB would be a wise decision.
Communication is a basic factor to consider. Your situation is unique, meaning that the providers should make efforts to understand it. If communication is effortless, the consultation would go smoothly. Inquire whether you will need to show up physically for a consultation. While this would give you the opportunity to explain everything conclusively, it can be time-consuming because you will have to drive to their offices. It might also lead you to companies from https://www.precisiontax.com/services/irs-levy/wage-levy located near your residential place. To avoid inconveniences, choose among providers that offer telephone consultations. Ensure that they would give you ample time to express everything.
How will they approach helping you? Reversing and releasing a levy remain the basic approaches regarding solving a tax levy problem. You have to ensure that the experts would employ legal and ethical ways to resolve the issue and most importantly, prevent another tax levy instance. Some of the basic approaches include Streamlined Installment Agreement (SIA), Offer in Compromise (OIC), Currently-Not-Collectible (CNC) status, and Partial Payment Installment Agreement (PPIA). Ensure that the providers would employ an approach that is suitable for your financial situation.
Consider service fees before signing any agreement. Most providers would be willing to furnish you with a fee structure from the onset. Asking for it before committing helps avoid unpleasant surprises later. It is important to ask regarding additional fees such as consultation fees. Knowing what to expect from the onset helps avoid unnecessary confrontations later. Watch this: https://www.youtube.com/watch?v=C0xrSsRb1d4!