To assist you in settling your tax burden with the IRS, Optima Tax Relief offers a free consultation. However, how much does working with Optima cost after that, and is it worthwhile?
Do you have any doubts about whether cooperating with Optima Tax Relief will be worthwhile? Yes, I understand. When you already owe a sizable sum of money to the IRS, it is a lot of money to pay.
And I understand what’s going through your mind: Can I really afford to engage a qualified tax debt relief company?
So, here’s what we’ll do.
We’ll go into great detail about the price of using Optima Tax services and whether it’s worthwhile.
How Much Does Optima Tax Relief Cost?
The following factors will ultimately determine whether Optima is worthwhile:
- How big your tax bill is
- Whether your tax returns are filed and up to date
- The type of legal help you need (such as help for a tax lien or wage garnishment)
The business provides a no-cost consultation. You get to consult with a senior tax expert for free to see whether they can be of assistance.
However, you then go to the Investigation Phase.
And that’ll set you back $295.
The moment Optima receives the initial payment, they will start working on your case. They’ll establish a line of communication with the IRS and begin exploring your possibilities.
The amount you pay after that depends on your circumstances. Here’s what you could anticipate.
Updating Tax Returns
The first important inquiry is: Have your tax returns been submitted and are they current? You can sigh with relief if your taxes are already current.
If not, don’t be upset.
You most likely had a valid justification for excluding earlier returns. Maybe you had a personal challenge or couldn’t find some of your records.
Whatever the situation, be aware of the following:
Once your returns are filed and current, you CANNOT negotiate a lower tax bill with the IRS.
Optima makes the issue of unfiled returns simple to resolve.
However, there is a drawback.
Keeping current with your prior returns won’t be cheap.
Generally, it can cost anything between $2,000 and $5,000 to have Optima handle every aspect of your tax problem.
Creating an Installment Agreement
You can usually call the IRS on your own to set up a payment plan if your debt is less than $10,000.
If you owe more than that, you should absolutely speak with a tax expert since if you currently have an installment plan with the IRS, you might not be eligible for IRS debt relief.
Optima will be aware if a payment schedule is the right option for you.
Why not just do it yourself?
You might receive a monthly payment that you cannot afford.
You see, according to the IRS, someone who owes that much in taxes must be making a respectable amount of money.
However, Optima is aware of the truth and will speak out for you.
Negotiating a Settlement
Considering how Optima could support your settlement negotiations?
What a wonderful question.
First, they will submit an Offer in Compromise in order to negotiate a fair settlement to discharge your tax burden.
Remember that dealing with the IRS can be challenging.
To get you the greatest bargain, even a seasoned tax professional will need to negotiate for a while.
Additional delays may result in higher costs.
You might end up paying closer to $7,500 for tax debt reduction assistance rather than $2,000 to $5,000.
But it might also result in more savings.
According to a customer comment I read, the business lowered its $51,000 tax bill to $1,368.
So, rather than wallowing in self-doubt, you may take a deep breath in the knowledge that professionals have your back.
Put an end to Tax Liens and Garnished Wages
Tax liens and garnished wages are both significant issues. You shouldn’t hesitate to take action when the IRS seizes your assets or places a lien on them.
Unfortunately, it costs more to cease pay garnishment or to get a lien removed.
We’re discussing court costs.
For practically everything, the court charges a filing fee. In addition to the $2,000 to $7,500 or more that Optima charges, you can also face court costs.
However, there’s excellent news!
Whatever the circumstances, Optima Tax Relief can assist you in finding a solution.
Even the lien on your credit report might be removed with their assistance.
Is Optima Tax Service Worth It?
The million-dollar question is this.
So, does Optima Tax Relief make sense?
Indeed, they are.
Because Optima can still help you save money even with typical expenses in the $2,000 to $7,500 range.
Making a call to Optima won’t solve your tax problems, but there is no doubt that they will make working with the IRS much simpler.
