The Truth About Optima Tax Relief
Optima Tax Relief is a national tax relief company that promises to help taxpayers with tax relief services using tools from the IRS fresh start program.
However, many taxpayers have complained that Optima uses bait and switch tactics to lure them in and then charges them high fees for tax relief services that they never receive.
For example, Optima may advertise that it can get your tax debt written off for free using one of the IRS tax relief programs.
However, once you sign up with Optima, you may find that you are required to pay high upfront fees and monthly maintenance fees.
You may also find that Optima does not actually have the expertise or experience to get your tax debt written off.
How I differentiate myself from Optima Tax Relief
In contrast, my small tax relief company offers honest and transparent pricing. I will never charge you any upfront fees or monthly maintenance fees.
I will also never promise to get your tax debt written off for free. Instead, I will work with you to assess your eligibility for all available tax relief options and then negotiate the best possible outcome with the IRS on your behalf.
I understand that dealing with the IRS can be a stressful and overwhelming experience. That's why I am committed to providing my clients with the highest level of customer service.
I will keep you updated on the progress of your case and I will always be available to answer your questions. If you are considering hiring a tax relief company, I urge you to be wary of Optima Tax Relief.
There are many other reputable tax relief companies out there that can help you get your tax debt written off without charging you exorbitant fees.
URGENT: Obtain Virtual Tax Relief Experience the utmost convenience in the comfort of your own home with a friendly touch!
How Writing Off Tax Debt Works
The IRS has a number of programs that allow taxpayers to write off their tax debt.
These programs include:
- Expired tax debt. The IRS has a 10-year statute of limitations on collecting unpaid taxes. After that time, the debt is wiped clean from the IRS's books and written off.
- Accounts deemed currently not collectible. If the IRS determines that a taxpayer is unable to pay their tax debt, the account may be labeled as "currently not collectible." This means that the IRS will stop trying to collect the debt, but the taxpayer will still owe the money.
- Offers in compromise. Taxpayers who can't afford to pay their full tax debt may be able to negotiate an offer in compromise with the IRS. This is an agreement in which the taxpayer agrees to pay a reduced amount of debt in exchange for the IRS dropping the rest of the debt.
I can help you assess your eligibility and determine if it's in your best interest to pursue one of these options.
How much will the IRS usually settle for?
The amount the IRS will settle for will vary depending on a number of factors, including the amount of debt, the taxpayer's ability to pay, and the taxpayer's financial situation.
In general, the IRS is more likely to settle for a smaller amount of debt if the taxpayer is unable to pay the full amount and if the taxpayer has a good financial history.
According to the IRS, the average offer in compromise accepted in 2020 was for $16,000.
However, there were offers accepted for as little as $100 and as much as $1 million.
If you are considering an offer in compromise, it is important to consult with a tax professional such as myself to discuss your eligibility and to help you calculate the amount you should offer.
Here are some factors that the IRS will consider when evaluating an offer in compromise:
- The taxpayer's ability to pay the full amount of the debt.
- The taxpayer's financial situation, including income, expenses, assets, and liabilities.
- The taxpayer's history of compliance with the tax laws.
- The taxpayer's willingness to participate in an installment agreement or other payment plan.
- The taxpayer's willingness to provide financial information to the IRS.
If you are considering an offer in compromise, it is important to remember that it is not a guaranteed way to reduce your tax debt.
The IRS may reject your offer, or they may accept it but only for a portion of the debt.
It is also important to remember that an offer in compromise requires you to stay in full tax compliance for five years, if it is accepted.
If you are struggling to pay your taxes, there are other options available to you besides an offer in compromise.
You may be able to negotiate an IRS payment plan, or you may be eligible for a tax debt relief program.
I offer no cost or obligation consults to discuss your options and to help you choose the best option for your situation.
How Optima Tax Relief Will Cost You More
Optima Tax Relief imposes substantial upfront fees and ongoing monthly maintenance fees.
These fees can accumulate rapidly, especially if you have a significant tax debt.
Moreover, Optima may lack the necessary expertise and experience to successfully resolve your tax debt.
Consequently, you might find yourself paying Optima thousands of dollars for services they ultimately fail to deliver.
In contrast, my boutique tax relief firm maintains a policy of transparent and fair pricing.
I will never levy any upfront fees or monthly maintenance charges. Furthermore, I will not make empty promises of entirely eliminating your tax debt. Instead, my approach involves collaborating with you to assess your eligibility for various available tax relief options and skillfully negotiating with the IRS to secure the best possible outcome on your behalf.
I empathize with the stress and overwhelm that often accompanies interactions with the IRS. Thus, I remain devoted to delivering the highest caliber of customer service to our clients. I will keep you well-informed about the progress of your case, and our team will always be readily available to address your inquiries.
When considering the engagement of a tax relief company, I urge you to conduct thorough research and compare different firms before reaching a decision. I am confident that upon examination, you will recognize my boutique tax relief company as the optimal choice for your needs.
URGENT: Obtain Virtual Tax Relief Experience the utmost convenience in the comfort of your own home with a friendly touch!
how does optima tax relief work
Optima Tax Relief is a company that specializes in helping individuals and businesses resolve their tax problems with the Internal Revenue Service (IRS) or state tax agencies. They provide tax resolution services by implementing a structured process:
1. Free consultation: Optima provides a free consultation to understand the client's tax situation and determine the best course of action.
2. Investigation: Their team of tax professionals investigates the client's tax records, liabilities, and financial situation to gain a comprehensive understanding of the case.
3. Customized tax resolution plan: Based on the investigation, Optima develops a customized plan to resolve the client's tax issues. This plan may involve strategies such as negotiating with the tax authorities, setting up payment plans, or pursuing other tax relief options.
4. Communication with tax authorities: Optima Tax Relief acts as an intermediary between the client and the tax authorities. They handle communications, documents, and negotiations on behalf of the client, aiming to achieve the best possible outcome.
5. Resolution execution: Optima implements the agreed-upon resolution plan, which may involve submitting financial information, filing necessary tax forms, or making payments.
Throughout the process, Optima Tax Relief aims to minimize tax debts, prevent or stop collection actions, negotiate tax settlements, and help clients regain their financial stability. It's important to note that results may vary depending on each individual's unique circumstances and the specific tax issues they are facing.
Optima Tax Relief Reviews
Reviewers have complained of a lack of communication in the months between the initial consultation and the resolution of the case. The company addresses negative reviews and generally offers a line of communication to resolve the grievances.
how long does optima tax relief take
The processing time for tax relief services can vary widely depending on the complexity of your individual tax situation, the specific tax issues you're dealing with, the responsiveness of government agencies, and the volume of cases being handled by the tax relief company.
Optima Tax Relief, like many other tax relief companies, may provide an estimated timeframe for resolving your tax issues during your initial consultation. However, these timeframes are often subject to change based on the factors mentioned above.
It's important to keep in mind that tax resolution processes can sometimes take several months or even years to complete, especially if the situation is intricate or requires negotiation with tax authorities. The timeline can also be affected by the type of relief you're seeking, whether it's an Offer in Compromise, Installment Agreement, Innocent Spouse Relief, or another form of resolution.
If you're considering working with Optima Tax Relief or any other tax relief company, I recommend discussing the expected timeframe with their representatives during your consultation. They should be able to give you a better idea based on the specifics of your situation. Keep in mind that situations and company practices can change, so it's always a good idea to gather up-to-date information from the company directly or from recent customer reviews.
what are Optima Tax Relief complaints
Major Complaints:
- Cost Concerns: One common complaint was about the fees and costs associated with the services provided by Optima Tax Relief. Some customers felt that the fees were high and not always proportionate to the outcomes achieved.
- Communication Delays: Some negative reviews mentioned issues with communication, including delays in receiving updates on the status of cases and difficulties in reaching customer service representatives.
- Unmet Expectations: A subset of customers expressed disappointment when the results did not align with their initial expectations. This could be due to factors such as the complexity of the case, changes in tax laws, or unanticipated challenges.
- Process Length: While tax resolution processes can take time, some customers complained about delays and extended timelines for reaching a resolution.
- Quality of Service: In a few cases, customers reported dissatisfaction with the level of service they received, including instances where they felt their cases were not being given sufficient attention.
It's important to approach reviews with an open mind, as individual experiences can vary widely based on factors such as the complexity of the case, individual expectations, and interactions with specific staff members. When considering a tax relief company, it's a good idea to gather feedback from multiple sources and conduct thorough research before making a decision. Additionally, if you're considering Optima Tax Relief or any other company, you can directly inquire about their services, process, fees, and success rates to get a clearer picture.
What Our Clients Say About Keith Jones, CPA