2 Best Tax Relief Companies – September 2024
Our picks for the best tax relief firms can work with the IRS on your behalf to resolve or restructure tax debts.
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Editor's Choice – Best Overall
- 100% money-back guarantee if your tax situation does not improve
- Free, no obligation eligibility analysis on IRS tax reduction programs
- Most affordable pricing out of the companies we reviewed, with flexible financing options available
- Fully licensed to work in all 50 states
- Anthem’s Money-Back guarantee is the only one of its kind in the tax relief industry
- A+ BBB rating
- 100% money-back guarantee if your tax situation does not improve
- Free, no obligation eligibility analysis on IRS tax reduction programs
- Most affordable pricing out of the companies we reviewed, with flexible financing options available
- Fully licensed to work in all 50 states
- Anthem’s Money-Back guarantee is the only one of its kind in the tax relief industry
- A+ BBB rating
Why We Like Anthem Tax Services
Anthem Tax Services has over 23 years of experience. Unlike some other tax relief companies, their money-back guarantee doesn’t come with a host of caveats and disclosures. That peace of mind—especially amid tax debt negotiations—is invaluable.
If, for any reason, Anthem Tax Services doesn’t reach a favorable resolution on your behalf, you’ll get the money you pay to Anthem back.
Best For Large Balances
- Experts in tax issues over $20,000
- Federally licensed enrolled agents lead your casework
- Free, no obligation eligibility analysis on IRS tax reduction programs
- 15-day 100% money-back guarantee
- A+ BBB rating
- Experts in tax issues over $20,000
- Federally licensed enrolled agents lead your casework
- Free, no obligation eligibility analysis on IRS tax reduction programs
- 15-day 100% money-back guarantee
- A+ BBB rating
Why We Like Larson Tax Relief
Larson Tax Relief has over 18 years of experience, solid customer reviews, and a 15-day money-back guarantee. They handle all tax relief issues, including federal and state taxes, with a focus on protecting assets for their clients.
What is Tax Relief?
Tax relief refers to various programs and initiatives designed to help taxpayers settle or reduce their tax bills and tax-related debts. These are available to both individuals and businesses. However, the programs you’re eligible for will depend on your status with the Internal Revenue Service (IRS), the amount of your tax debt, and other factors.
How Tax Relief Works
Working with a tax relief company usually starts with a free consultation. During this initial consultation with the representative, they’ll ask for details about your tax issues and then do a quick analysis of your situation to determine which tax relief service can help you.
- Initial consultation: You’ll do an initial free consultation with the company to review your tax issues.
- Connecting with the IRS: The company will contact the IRS for your records and analyze your tax problems.
- Proposal: The company will propose a solution and break down the costs of resolving your debts.
- Arranging a resolution: Finally, they’ll arrange the resolution, which might include an offer in compromise, an installment agreement, or another alternative.
Tax Relief Options
If you need help paying taxes because you’re behind on your taxes or just looking to reduce your tax burden, there are plenty of options to explore.
Fresh Start program: Lets you settle your tax debt for less than you owe
Installment agreements: Lets you pay off your tax bills over time
Offer in Compromise: Settles your debt for a lesser amount
Currently Not Collectible status: This a grace period until your financial situation improves
Penalty relief and interest abatement: Pardon from unintentional non-compliance
Innocent spouse relief: Releases a spouse from being responsible for a spouse’s tax liability if the IRS determines you’re not at fault or complicit
Bankruptcy: If your financial obligations and debts make it overwhelmingly difficult to afford to live
Our editorial ratings are based on hundreds of hours of research and consider the costs, reviews, and unique benefits for each company.
FAQ
What Is The IRS Fresh Start Program?
The program launched in 2011, allowing taxpayers to settle back tax debts while avoiding severe penalties and consequences. Those who qualify should apply, pay the application fee, and then wait to hear from the IRS on the next steps.
What happens if I don’t repay my tax debts?
Failing to pay your tax bills can have serious consequences. First, it will lead to additional penalties and interest costs, which will only increase your total owed balance over time.
The IRS can also garnish your wages (taking part of your paycheck every month) or file levies and liens against your property. That could put your car, home, and other assets at risk, and it could hurt your credit significantly. In some cases, you could even have your passport or driver’s license revoked.
How Much Do Tax Relief Services Cost?
The costs for tax relief services generally vary based on how much debt you have, what kind of assistance you’re needing, and the complexity of your tax problems.
Service | Average Cost |
Discovery/investigation fee | $250 – $750 |
Offer in compromise | $2,000 – $7,500 |
Installment agreements | $1,500 – $5,000 |
Penalty abatement | $250 – $1,000 |
Innocent spouse relief | $3,500 – $5,000 |
Currently not collectible | $1,500 – $4,000 |
Our Editor’s Choice: Anthem Tax Services
Editor's Choice – Best Overall
- 100% money-back guarantee if your tax situation does not improve
- Free, no obligation eligibility analysis on IRS tax reduction programs
- Most affordable pricing out of the companies we reviewed, with flexible financing options available
- Fully licensed to work in all 50 states
- Anthem’s Money-Back guarantee is the only one of its kind in the tax relief industry
- A+ BBB rating
- 100% money-back guarantee if your tax situation does not improve
- Free, no obligation eligibility analysis on IRS tax reduction programs
- Most affordable pricing out of the companies we reviewed, with flexible financing options available
- Fully licensed to work in all 50 states
- Anthem’s Money-Back guarantee is the only one of its kind in the tax relief industry
- A+ BBB rating