Thousands of Boise residents need help paying their taxes every year. A trusted ally can help you negotiate with the IRS and navigate this confusing process. Our partners at ConsumerAffairs researched the best tax relief companies in Boise to quickly get the help you need.
Many Boise residents find themselves not only unable to pay this year's taxes but also struggling with back taxes left unpaid from previous years. The IRS takes unpaid back taxes seriously and may press charges, require immediate payment or even seize assets to settle the debt. In extreme circumstances, unpaid back taxes result in jail time. Tax relief can make things more manageable for over 20 percent of tax filers who do not have enough money to pay their taxes.
The two most common benefits of tax resolution are breaking the debt into installments and negotiating a settlement between the taxpayer and the IRS. Another way to settle your IRS debt is through an Offer in Compromise. This is a settlement between the IRS and the taxpayer and is typically a last resort since people who can pay via assets or installments do not qualify. An OIC is accepted when:
There is a legitimate doubt that the taxpayer owes the amount they’re being asked to repay.
The taxpayer's assets and income are insufficient to cover the debt.
The taxpayer has the means to pay, and there is no doubt that they owe the tax, but collecting the tax would create an economic hardship or is not justified in the taxpayer’s current situation.
Types of tax relief in Boise
Installment agreement setup
This service sets up a payment schedule to make your debt more manageable.
First-time penalty abatement
This allows the IRS to waive fees associated with your debt. If this is the first time you've fallen behind on your taxes, you may qualify.
Many tax relief companies will provide a tax preparation service to help you get the most out of your income taxes and avoid penalties and fees.
Offer in Compromise
An Offer in Compromise allows you to settle your tax debt for less than the full amount that you owe.
Partial payment installment agreement
Similar to a regular installment agreement, except, with this service, you are only paying back a portion of what you owe to the IRS.
Tax debt relief companies only work with people who have a minimum amount of tax debt, usually $10,000. If you are only a few hundred dollars short on your tax payments, tax relief in Boise is not for you. However, if you find yourself drowning in debt and hassled by the IRS, a tax resolution company in Boise may be your best option. Recognize that tax debt relief has many rules and restrictions and will never wipe out what you owe entirely.
How much does tax relief cost in Boise?
While tax relief can seem like an ideal solution for Boise residents with tax debt, it does come at a cost. The average price for tax debt relief services is between $3,500-$4,500. Some tax resolution companies require a flat fee upfront, while others charge by the hour.
The severity of your case and the amount of back taxes owed will play a significant role in what you pay for tax debt relief. For example, a tax company will usually charge more for an OIC than a traditional installment plan. Other fees to consider when looking for tax relief in Boise include consultation fees, investigation of liability fees and fees associated with garnish and levy release.
How to choose legitimate tax relief in Boise
Don’t trust just anyone to help you settle your debts with the IRS because there are strict rules and guidelines a tax debt relief company must follow. If you don’t follow these rules carefully, it could make your situation even worse. A legitimate tax resolution company should:
Unfortunately, there are people in every industry that take advantage of those who are down on their luck, and the tax industry is no different. Signs of a tax debt relief scam include:
Promising a drastic reduction of taxes upfront
Promising to eliminate all of your IRS debt
Failing to investigate your financial background
Demanding payment before any services are complete
In general, if something feels off, trust your gut and contact the IRS for verification. Remember that the IRS will never call you to collect taxes. If you get a call urging you to pay right away, it's a scam. The IRS will never threaten to bring the police to your home for unpaid debts or ask for credit or debit card numbers over the phone. If this happens, hang up right away and contact the authorities.
Anthem Tax Services provides a wide variety of tax debt relief including audit protection, bookkeeping, state tax help, corporate tax preparation and tax resolution services. Boise residents rave about the easy enrollment process, and online reviews show high satisfaction for its customer service.
Community Tax offers free consultations, free tax analysis, a thorough investigation of your IRS debts and a resolution to make your payments more manageable. Customers report high satisfaction with the customer service representatives and feel that the company does a great job keeping them informed throughout the process. Reviewers also raved about the easy enrollment process and that they feel safe and secure working with this company.
Larson Tax Relief has clients in all 50 states, with over 15,000 satisfied customers so far. It’s been in business 14 years and specializes in quick and effective tax debt relief that keeps the IRS from harassing you. Reviews are mostly positive, and customers appreciate the service they received.
Experienced tax lawyers at J. David Tax Law work with tax debts of more than $10,000. This firm can customize solutions to your unpaid taxes, unfiled taxes, tax liens, tax audits, bank levies and wage garnishments. Their quick application process makes it easy to see if you qualify.
Victory Tax Lawyers work on a flat fee basis and offer services based on your situation. This is a tax debt relief company that specializes in tax controversy, resolution, and litigation. Boise residents report general satisfaction with the fast response rate and the company’s ability to lower customers’ IRS payments.
Unlike local lawyers or CPAs, Fortress Financial’s tax attorneys specialize in back taxes relief. A licensed lawyer will handle your case. Based in Oregon, Fortress Financial helps clients from all states with Offer in Compromise and many other tax resolution services with the IRS and state tax agencies.
Instant Tax Solutions has helped thousands of Boise residents get out of a stressful financial situation. It specializes in negotiating Offers in Compromise, installment agreements and penalty abatement. Boise residents praise the quick research and investigation phase and the personal connections they made with the consultants.
Attorney's Tax Relief
These tax attorneys based in Chicago serve clients nationwide. Attorneys Tax Relief boasts the highest Offer in Compromise acceptance rate and free consultations. The company helps individuals and businesses facing an IRS investigation and promises aggressive defense no matter what state a client is in.