What we like:
More than 18 years of experience, solid customer reviews, and a 15-day money-back guarantee
|Availability||Available in all 50 states|
|Minimum tax debt||$25,000|
|Consultation||Free phone evaluation|
|Staff||Enrolled agents and tax attorneys|
Founded in 2005 by two brothers, Larson Tax Relief has been helping customers with tax issues for nearly two decades. Most of the company’s associates are enrolled agents and have passed a comprehensive three-part certification process through the IRS.
The company handles all tax relief issues, including federal and state taxes, with a focus on protecting assets for individuals, small to midsize companies, nonprofits, and religious institutions.
Larson Tax Relief offers reputable tax relief, and clients report excellent customer service. To start, you must complete an over-the-phone evaluation with an associate. Pricing depends on the complexity of your case. It isn’t readily available online, so ask about fees during your initial call.
In this review:
- What Larson Tax Relief offers
- How much does Larson Tax Relief cost?
- How much can Larson Tax Relief save me?
- Pros and cons of Larson Tax Relief
- How Larson Tax Relief’s services work
- Larson Tax Relief’s reputation and accreditations
- Alternatives to Larson Tax Relief tax relief
What Larson Tax Relief offers
Larson Tax Relief offers representation and guidance for people and business owners who owe taxes to the IRS or state. Most people who work with the company cannot pay their current debt and might be dealing with wage garnishment.
If you’re behind on tax payments, Larson Tax Relief highly recommends that you contact the IRS directly to try and negotiate a fix.
The IRS provides free resources for people, including installment agreements for debt payment plans and offers in compromise for settling debts. You can also connect with the taxpayer advocate service through the IRS for free guidance.
But if those steps don’t work for you or you’re unsure how to begin, you might contact a tax relief company for additional help. Larson Tax Relief offers relief services for four primary types of taxes: business, IRS, state, and income. Here’s an overview of each one.
|Service||Typical tax predicaments|
|Business tax relief||Issues related to your business, including 941 payroll, 1040 personal taxes for sole proprietorships and single-member LLCs, 1058, CP 90, CP 91, CP 504 levy enforcements, accounts receivable levies, unfiled tax returns, substitution for return, seizure of IRS or state tax refunds, tax liens, and conflicts with a revenue officer|
|IRS tax relief||Issues with the IRS, including missing or unfiled tax returns, bank levies, accounts receivable garnishments, wage garnishments, tax lien issues, 1099 problems, and conflicts with a revenue officer|
|State tax relief||Includes the same situations as IRS or business tax relief but related to state taxes|
|Income tax relief||Issues related to income tax, including bank levies, wage garnishments, asset seizure, unfiled tax returns, misinformation from a revenue officer, tax liens, seizure of IRS or state tax refunds, 1040 income taxes, 1099 income, and worker classification issues|
How much does Larson Tax Relief cost?
The pricing for Larson Tax Relief depends on how long the company spends working on your file. The fees range depending on the complexity of your case. There is no retainer fee to begin the process, and flexible payment plans are available.
On average, it costs $2,400 to work with Larson Tax Relief. If you need specific information about pricing for your tax situation, call 888-589-0955 Monday through Friday.
How much can Larson Tax Relief save me?
Just like the specifics of your case determine how much you’ll pay in fees, those specifics also determine how much you can save. Figuring out how you can benefit from working with any personal finance company before you engage in its services is a good idea.
Start by discussing the specifics of your tax situation during your phone evaluation with a member of the Larson team. Come prepared with how much you owe, including penalties and interest.
This information will aid the team member in giving you a cost estimate, which you can then use to predict how much you can save by working with the company.
- The interest rate for taxes is calculated based on the short-term interest rate plus 3%.
- If you owe $40,000 and the debt compounds daily at a 7% interest rate, you’ll owe an extra $2,900 after 12 months.
- In that case, the average fee of $2,400 to work with Larson Tax Relief pays for itself, and it makes financial sense to retain the company’s services.
Pros and cons of Larson Tax Relief
Before working with Larson Tax Relief, there are a few pros and cons to consider.
It is a member of the National Association of Enrolled Agents (NAEA)
Determining if tax relief companies are legitimate can be challenging, and the IRS warns against scams. Membership in the NAEA signifies that Larson Tax Relief provides credible services to its clients.
With Larson’s money-back guarantee, customers can confirm the company is a good fit within the first 15 days. Whether the company is a good fit is personal. For some, it could mean aggressive tax collection strategies stop, stress levels decrease, or wage garnishment ceases.
No retainer fee
You don’t need to pay to retain Larson Tax Relief’s services. You’ll pay as the company completes the tasks, and you can establish a flexible payment plan that suits your budget.
Must call to get pricing
Pricing is specific to each customer case. Because of that, you can’t get a price quote without calling the company to discuss your situation. This can make it difficult to shop around for the best fit.
$25,000 debt minimum
To work with the company, you must owe at least $25,000. It’s a higher-than-average debt requirement compared to the industry standard of $10,000. Larson Tax Relief encourages customers with lower debt amounts to utilize free tools from the IRS to resolve their cases.
No tax specialties
The company provides services for all types of debt relief, including income tax, business tax, personal tax, and state tax. However, Larson Tax Relief doesn’t specialize in a particular kind of relief, which other companies might.
How Larson Tax Relief’s services work
Getting started with Larson Tax Relief is straightforward; the associates guide you through each step. Here’s what to expect.
- Confirm your debt amount: Before you begin, confirm you owe at least $25,000. If not, Larson Tax Relief recommends that you work directly with the IRS to make a repayment plan.
- Schedule an evaluation: Once you’ve confirmed your debt amount, you can schedule an initial evaluation. This part of the process is free, and there’s no obligation to work with Larson Tax Relief. You can call 888-589-0955 or request a consultation.
- Review your options: After the evaluation, you can review your options and decide whether the company is a good fit. There’s no time limit or rush to decide.
- Begin the tax relief process: Working with Larson Tax Relief is the final step. The exact process will depend on your situation. It could mean Larson handles all communications with tax collectors, negotiates a lower tax bill, sets up a payment plan that fits your budget, and more.
The team will communicate with you and keep you updated throughout. Once the company’s services are underway, you might notice changes immediately if you’ve dealt with aggressive tax collection strategies.
Larson Tax Relief’s reputation and accreditations
Larson Tax Relief has strong customer reviews and few complaints. Customers report that they appreciate excellent customer service, clear communication, and attention to detail.
It’s stressful to owe taxes or have outstanding debts with the IRS or state, and customers comment on the support they receive during a challenging time.
The fact that Larson Tax Relief is a member of the NAEA also enhances the credibility of its services.
|Source||Rating||Number of reviews|
|Better Business Bureau||4.75 out of 5 stars||20|
|4.4 out of 5 stars||100|
|Trustpilot||4.7 out of 5 stars||314|
Ratings collected on March 25, 2023
Is Larson Tax Relief worth it?
There are ways to resolve tax issues directly with the IRS, but it can be confusing. Larson Tax Relief might be a good fit if you are struggling with complicated tax issues, wage garnishment, or a large IRS bill.
Here are a few reasons you might move forward with tax relief:
- If your tax situation is overwhelming: Working with a professional to resolve the problem is sometimes worth the fee. It might be worth considering the emotional impact of professional help.
- You don’t know how to begin: If you’re in a situation in which you don’t know how much you owe or whether you filed, it might make sense to get help. It can sometimes make the process quicker and more effective.
- It can save you money: As illustrated in the example above, you could save money on interest and other fees by working with a tax relief company. In that case, moving forward with the service might make sense.
You can start with a free phone evaluation to understand your options and the fees.
How long does Larson Tax Relief take to solve my tax issue?
Once you decide to work with Larson Tax Relief, the company starts working to resolve your case with the IRS or state immediately.
With a 15-day money-back guarantee, Larson Tax Relief wants to ensure customers experience improvements quickly. Associates help you get immediate relief from aggressive tax collection strategies from the IRS or state. The process to stop the garnishment from your accounts is quick as well.
The overall timeframe to resolve an issue varies, however. It depends on your tax situation and the response time from the IRS or state.
How much tax debt do I need to work with Larson Tax Relief?
To work with Larson Tax Relief, you must owe at least $25,000. Larson Tax Relief recommends contacting the IRS to arrange the next steps for individuals who owe less. You can visit the online payment agreement application for more information.
What type of tax debt do I need to work with Larson Tax Relief?
Larson Tax Relief works with customers with all types of tax debt: state, income, personal, and business. Call the company at 888-589-0955 Monday through Friday or chat with a customer service representative on their website if you’re unsure whether your tax situation applies.
Can I get a refund if I’m unsatisfied?
Larson Tax Relief offers a 15-day money-back guarantee. The company encourages customers to see how the process works and how associates handle the case. If you’re unhappy with the service, you can request a full refund.
Does Larson Tax Relief tax relief affect my credit?
In general, tax debt does not impact your credit score. The government has not reported tax liens to credit bureaus since 2018, so it will not affect your score directly. But lenders might still be able to access information about tax liens and other tax debt through public records.
Working with a tax relief company does not usually impact your score unless you take on additional debt to pay for the services.
Alternatives to Larson Tax Relief tax relief
Like other financial purchases or considerations, it’s a good idea to shop for the best tax relief company. You’ll want to consider the company’s reputation, fees, money-back guarantee, and areas of expertise.
Most companies require potential customers to schedule a phone call to gather information. Planning calls with a few companies before making a final decision is worth the effort.