Optima provides a variety of services that address tax problems, such as audit representation, lien and levy releases and wage garnishment release. Typically, tax relief companies charge much more for resolution work — that is, they charge you a second fee to do the work that resolves the tax issue.
Optima Tax Relief Reviews – Legit or Scam?
- About Optima Tax Relief. They help clients resolve and reduce tax debt while also bringing them into compliance with laws. Furthermore, they will provide protection for those whom are being threatened by collection agencies. Optima Tax Relief provides tax consultations tax resolution, tax preparation and compliance and tax negotiation and settlement.
Who qualifies for Optima tax relief?
You must have been unemployed for a minimum of 30 consecutive days during 2011 or before April 15 2012. Married couples filing jointly need to have only one spouse that meets the qualifications. Individuals who are self-employed need to be able to show at least a 25 percent drop in their net income.
Can I get my money back from Optima tax relief?
Money-Back Guarantee: One of the biggest benefits of working with Optima Tax Relief is the firm’s money-back guarantee. If you decide that you aren’t satisfied with the firm within the first 15 days of contacting them for help, you can get back the money you paid toward the investigation phase of your case.
What do Optima tax relief do?
What We Do. Optima Tax Relief specializes in resolving and reducing IRS or State Tax Debt. Our unique “Two Phase” approach is truly revolutionary in the Tax Resolution industry. You will have detailed understanding of your options BEFORE you pay any fees towards resolution services.
What is the Fresh Start program with the IRS?
The IRS Fresh Start Program is an umbrella term for the debt relief options offered by the IRS. The program is designed to make it easier for taxpayers to get out from under tax debt and penalties legally. Some options may reduce or freeze the debt you’re carrying.
How do I settle myself with the IRS?
You have two options to file an Offer in Compromise. You can work with a tax debt resolution service or you can try to file on your own. If you want to settle tax debt yourself, simply download the IRS Form 656 Booklet. In includes Form 656 and Form 433-A form that you need to fill out for your financial disclosure.
Does IRS forgive tax debt after 10 years?
In general, the Internal Revenue Service (IRS) has 10 years to collect unpaid tax debt. After that, the debt is wiped clean from its books and the IRS writes it off. This is called the 10 Year Statute of Limitations. Therefore, many taxpayers with unpaid tax bills are unaware this statute of limitations exists.
How much money do I still owe the IRS?
You can access your federal tax account through a secure login at IRS.gov/account. Once in your account, you can view the amount you owe along with details of your balance, view 18 months of payment history, access Get Transcript, and view key information from your current year tax return.
Can the IRS put me in jail?
In fact, the IRS cannot send you to jail, or file criminal charges against you, for failing to pay your taxes. This is not a criminal act and will never put you in jail. Instead, it is a notice that you must pay back your unpaid taxes and amend your return.
Does tax relief really work?
Tax relief can allow you to break down your debt into payments or reduce the amount of tax you pay to the government. No, tax relief won’t wipe out your tax bill—and it could cost you more in the long run—but it might make paying what you owe to the federal government a lot more manageable.