Pros
- National Association of Enrolled Agents membership
- Zero retainer fees
- Money back guarantee
Cons
- Requires consultation to get price quotations
- Minimum of 25,000 debt
Established in 2005 by a pair of siblings, Larson Tax Relief has dedicated almost twenty years to aiding clients with their tax concerns. The majority of the firm’s professionals are enrolled agents who have successfully completed a rigorous three-part certification program administered by the IRS.
Larson Tax Relief offers comprehensive assistance in resolving various tax relief matters, encompassing both federal and state taxes. Their services extend to safeguarding assets for individuals, small and midsize businesses, nonprofits, as well as religious institutions.
Larson Tax Relief is recognized for its trustworthy tax relief solutions, and clients consistently praise their exceptional customer service. To initiate the process, a thorough evaluation is conducted over the phone by one of their associates. Pricing is determined based on the intricacy of each individual case.
Services Offered
When facing tax payment delinquencies, Larson Tax Relief strongly advises individuals to directly contact the IRS to initiate negotiations and seek resolution. The IRS offers valuable resources at no cost to taxpayers in such situations. These resources include installment agreements, which allow for structured debt payment plans, as well as offers in compromise, which provide options for settling outstanding debts.
In cases where the aforementioned steps do not yield desired results or individuals are uncertain about where to begin, seeking assistance from a tax relief company can be a viable option. Larson Tax Relief, for instance, provides specialized relief services for four primary types of taxes: business taxes, IRS taxes, state taxes, and income taxes.
Larson Tax Relief specializes in providing representation and guidance to individuals and business owners who find themselves owing taxes to the IRS or state authorities. The company primarily assists individuals who are unable to pay their existing tax debt and may be facing challenges such as wage garnishment.
Larson Tax Relief offers a distinctive feature that sets it apart from others: the ability to access over 300 redacted results, enabling potential clients to gain a clearer understanding of how the company has assisted its previous clients. Additionally, the company provides a noteworthy satisfaction guarantee period of 15 days. Within that timeframe, clients have the opportunity to evaluate whether Larson Tax Relief is the right fit for their needs.
IRS Tax Relief
They assist individuals who are facing challenges such as missing or unfiled tax returns, tax lien problems, bank levies, wage garnishments, garnishments on accounts receivable, difficulties with 1099 forms, as well as conflicts with revenue officers.
Business Tax Relief
Larson Tax Relief boasts a team of business tax relief experts who are well-versed in assisting with a range of common tax-related issues. Some of the key areas they specialize in include payroll tax, personal tax for single-member LLCs and proprietorships, levy enforcements, unified tax returns, accounts receivable levies, tax liens, and more.
Below is the list of available services from Larson Tax Relief:
• Emergency tax relief
• Long-term tax relief
• Income tax relief
• Intent to levy
• Tax liens
• State tax relief
• Unfiled tax returns
• Business tax relief
• Missing tax returns
• Installment agreements
• Wage garnishment
• IRS offer in compromise
Cost of Services
Larson Tax Relief follows a pricing structure that is based on the time spent working on each client’s file. The fees charged are determined by the complexity of the individual case. Notably, there is no retainer fee required to initiate the tax relief process. Larson Tax Relief also offers flexible payment plans to accommodate their clients’ financial situations.
Larson Tax Relief provides a complimentary initial consultation to assess the tax situation of potential clients and recommend the most suitable course of action. Following this consultation, they should provide a comprehensive price quote, along with an estimated timeline for the completion of their services. The average cost of working with Larson Tax Relief is reported to be approximately $2,400.
How Tax Relief Works?
Initiating the tax relief process with Larson is a simple process facilitated by their associates.
1. Meet the minimum debt amount – Before engaging Larson Tax Relief’s services, ensure that you owe a minimum of $25,000 in tax debt. If your debt falls below this threshold, Larson Tax Relief suggests working directly with the IRS to establish a repayment plan.
2. Setup a consultation – After confirming the amount of your tax debt, you can proceed to set the initial evaluation. This is offered free of charge, and there is no obligation to continue working with the company. To schedule the evaluation, you can either call their dedicated line at 888-589-0955 or submit a consultation request through their provided channels.
3. Analyze your options – You will have the opportunity to review the options presented by Larson Tax Relief and carefully consider whether the company is a suitable match for your needs. There is no imposed time limit or pressure to make an immediate decision.
4. Start tax relief – Working with Larson Tax Relief represents the final step in the process, tailored to your unique situation. Larson Tax Relief’s services encompass a range of actions that may include correspondence with tax collectors, negotiation for a lower tax bill, setting up a payment plan suited to your budget, and more.
Will Tax Relief Affect Your Credit Score?
When it comes to working with a tax relief company, your credit score is unlikely to be affected unless you acquire additional debt to cover the cost of their services. the government ceased reporting tax liens to credit bureaus in 2018. However, lenders and financial institutions may still have access to public records which include information about tax liens and other tax debt.
How Long Does Tax Relief Take?
The duration of the tax resolution process with Larson Tax Relief can differ based on factors such as the complexity of the case and the specific tax issue at hand. After the initial consultation, your Enrolled Agent (EA) from Larson Tax Relief will provide you with a realistic timeline for how long the process is expected to take.
Once you have decided to engage Larson Tax Relief, the company promptly initiates the process of resolving your case with the IRS or state tax authorities. To further prioritize customer satisfaction, Larson Tax Relief offers a 15-day money-back guarantee. Their associates work diligently to secure immediate relief from aggressive tax collection strategies employed by the IRS or state authorities, providing you with a sense of relief and protection. Moreover, Larson Tax Relief emphasizes a swift process to halt garnishments from your accounts.
Reputation and Legitimacy
Larson Tax Relief has garnered positive customer reviews and maintains a low number of complaints. Satisfied clients frequently highlight their appreciation for the company’s exceptional customer service, which includes attributes such as clear and effective communication as well as a keen attention to detail.
Larson Tax Relief’s membership in the NAEA (National Association of Enrolled Agents) adds to the credibility of its services. This professional affiliation highlights their commitment to adhering to industry standards and best practices. Additionally, Larson Tax Relief boasts a substantial track record, having assisted over 18,000 individuals facing tax liabilities.
Conclusion
Resolving tax issues directly with the IRS can be a complex and confusing process. If you find yourself facing intricate tax problems, dealing with a wage garnishment, or burdened with a substantial IRS bill, Larson Tax Relief may be well-suited to assist you.
