When to Seek Tax Resolution Services
You could find yourself in a situation where you need to pay all your unpaid taxes. You will, therefore, be in need of the services of a tax resolution firm. You need to know how to choose the best one to use. Here are the things you need to pay attention to.
You need first to research the prospective firm you will hire. You need to see how they have performed in the past, and if any clients complained. This can be easily done online. You may also ask them for references to do your follow-ups. You also need to see their licenses. Such work can only be done by one who has the necessary licenses.
They then need to tell you what their charges shall be. There are firms that are never straightforward with what they charge their clients. This shall derail you and force you to pay up, since they have gone that far. You need to only agree to work with them after they have shown you all their charges. There are laws that protect your rights as a consumer you can rely on if necessary. If possible, go for split payments over time. If all they care about is a one-time payment, you need to worry about their future conduct.
You need to know what is expected of you in this process. Most of the time, you will be expected to provide financial documentation and such relevant reference material. You are expected to provide it in time, or face a penalty. This is why it is important to be clear on your role beforehand.
You need to also know if they will take care of the tax filing duties. Some of them do, while others leave that responsibility to you. It is important to have this sorted out first. This shall tell you what you owe, and whether it is necessary to hire the tax resolution firm.
It is important to establish what lines of communication they prefer to stick to. It is important to have a clear outline of how you shall be communicating, and when the lines are open. If you cannot reach them easily, it shall be a bad sign. You need them to answer your questions as and when they arise.
In your initial discussions, you need to establish the strategy the firm shall be employing to resolve your case. It is equally important they do not switch the plan later. You may come across firms that settle for a payment plan but then turn to another approach later on.
You need to also be wary of firms that offer assured results. Their expertise may be top notch, but they cannot speak on behalf of the tax authorities. You will know you are dealing with a liar if that were the case.