About Optima Tax Relief
Optima Tax Relief has tax professionals who can handle most IRS and state tax issues. 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. Their team will go over your case with you, analyze your situation and propose a customized course of action for you.
They have created a two phase process to ensure you understand what options are available prior to moving forward and paying fees. The process from the initial phone call to the final results takes approximately two to six months. During this time they will help to ensure that the IRS does not contact your bank, work or garnish your wages.
Optima Tax Relief fees are not finalized until the results are revealed because they will reflect the amount of time you will be paying off the debt and the amount of debt that you are working with. Additional processing fees may also be required as you move through the steps toward a desired outcome. If you choose to cancel their services, you may do so within 15 days of your initial sign up date. They will refund any money you have paid during that time frame.
Through their website you will find valuable resources including articles, tip, advice, scam warnings, and much more. In addition to due diligence using these resources and other resources located on your own, a tax attorney is another helpful way to resolve your tax debt issues.
Optima Tax Relief has online reviews that show a majority of their clients were happy with the outcome of their debt resolution.
Many tax relief companies have been accused of running scams to earn money without providing any help in return. They use scare tactics and illegal methods to convince individuals to contact them for help. Not all of these tax resolution companies are bad; there are legitimate companies who can provide relief to those in need of assistance. It is important to be aware of such practices so you do not fall into their traps.
42 ‘Optima Tax Relief’ Reviews
OPTIMA TAX RELIEF = SCAM
REASONS TO AVOID TAX RELIEF COMPANIES:
(The below is "8 reasons" is as cited by [REAL] tax professionals @ "WATAX" website; And, you can also see on their website the 91 "tax relief" companies SHUT DOWN because of their scam, unethical, illegal, and poor business practices! ! ! )
1.] These SCAM companies charge ridiculous, HIGH fees. If a tax resolution company is going to charge you $3,000 or more for representation, you deserve the red carpet treatment. You should have direct access to your licensed tax professional and/or have the customer service rep who does your up-front analysis to be with you to the end. (If you're interested, we wrote more about what $4,000 of tax resolution should buy you.);
2.] Many tax resolution companies have a tendency to whack you with new fees once you're on board with them, figuring you're more or less locked in. (We wrote more about this phenomenon too, about why reopening fees are problematic.);
3.] They give BAD advice. Plainly and simply, many tax resolution companies will advise you to do the wrong thing;
4.] They give DISHONEST advice (i.e. lying). The oldest trick in the tax resolution sales book is to tell someone that they'll qualify for an Offer in Compromise ("OIC") to settle their tax debt when they clearly do not qualify. It's human nature: people just love to hear that they will settle their debts—just like in the commercials! Shady salespeople love to scratch this itch for profit;
FYI: YOU can file YOUR OWN "OIC" (IRS Form # 656), but it's HIGHLY UNLIKELY you'll get such "compromise" as statistics show the IRS RARELY offer such.
You can file your own "EXTENSION" (IRS Form # 1127 - "Application for Extension of Time for Payment of Tax Due to Undue Hardship"), which is all these SCAM "TAX RELIEF" companies do anyway, charging you fees in EXCESS of $1,000s & $1,000s - with many consumers reporting being SCAMMED / CHARGED upwards of the $4,000-$7,000 ranges).
If you owe back taxes, there are several IRS tax relief programs to help, including the IRS "FRESH START INITIATIVE":
An "Installment Agreement" is generally available to people who can't pay their tax debt in full at one time. The program allows people to make smaller monthly payments until the entire debt is satisfied.
Under its "FRESH START INITIATIVE", the IRS raised the threshold for streamlined installment agreements from $25,000 to $50,000 in tax debt, and the maximum repayment term from five to six years. Taxpayers who owe less than $50,000 may apply online with the IRS and don’t have to complete an IRS "Collection Information Statement" (Form # 433-A, Form # 433-B or Form # 433-F).
An Offer in Compromise ("OIC") lets taxpayers permanently settle their tax debt for less than the amount they owe. The OIC is an important tool to help people in limited circumstances; taxpayers are eligible only after other payment options have been exhausted.
Under its "FRESH START INITIATIVE", the IRS expanded the "OIC" program to cover a larger group of struggling taxpayers. However, the IRS will not accept an offer if it believes the liability can be paid in full as a lump sum or through an installment agreement. The IRS offers guidance on choosing a tax professional for an OIC on its website.
5.] Misstating urgency and scare tactics. Tax resolution sales people and telemarketers harass those with tax liens, they're notorious for telling you that the sky is falling if you don't hire them immediately. "Your case has reached 'Elevated Status!" barks one company to its prospective clients, cold calling tax liens. Tax relief companies will often manipulate your emotions to make the sale. There's no reason to fake urgency. An honest tax professional should lay out all of the options for you without emotion or scare tactics;
6.] Employee turnover. Whether big or small, tax resolution companies are notorious for having high employee turnover. As many of the companies are reliant on "salespeople," employees who can't sell enough cases are fired. Hence, your case keeps getting handed off from representative to representative. In these environments, the institutional memory of your case can deteriorate fairly easily;
7.] Dropping the ball. Keeping your client out of aggressive collection actions like levies and garnishments requires constant vigilance and a very delicate personal touch. Large companies are famous for cases falling into the cracks and subsequently, clients getting nailed with levies from the IRS.
Going out of business. Running an effective tax resolution business requires a unique blend of great customer service with excellent marketing; and
8.] Going out of business. Running an effective tax resolution business requires a unique blend of great customer service with excellent marketing. Take one of those two elements away and you're out of business! Again, see "WATAX" website that lists THE 91 TAX SCAM COMPANIES ALREADY SHUT DOWN!
AS STATED BY THE FTC - - Problems with Tax Relief Companies:
1.] Promise that you will get relief from tax liabilities;
2.] Misrepresent how long it will take to process a debt relief request application; and/or
3.] Omit relevant asset information on financial statements submitted to the IRS.
ALSO STATED BY THE FTC:
"Tax relief companies use the radio, television and the internet to advertise help for taxpayers in distress. If you pay them an upfront fee, which can be thousands of dollars, these companies claim they can reduce or even eliminate your tax debts and stop back-tax collection by applying for legitimate IRS hardship programs. The truth is that most taxpayers don't qualify for the programs these fraudsters hawk, their companies don't settle the tax debt, and in many cases don't even send the necessary paperwork to the IRS requesting participation in the programs that were mentioned. Adding insult to injury, some of these companies don't provide refunds, and leave people even further in debt.
Some taxpayers who filed complaints with the Federal Trade Commission (FTC) reported that, after signing up with some of these companies and paying thousands of dollars in upfront fees, the companies took even more of their money by making unauthorized charges to their credit cards or withdrawals from their bank accounts.
If you owe back taxes and don't know how you're going to pay the debt, the FTC, the nation's consumer protection agency, says don't panic, take a deep breath, and consider your options. If you are having trouble paying bills, it's often better to try to work out a payment plan with the creditor yourself than to pay someone else to negotiate a plan for you. The same is true when you owe money to the IRS or your state comptroller."
Optima Tax relief - Honest Review
Good group of folks trying to help out the taxpayer! We all know the IRS could care less about struggling citizens of this country. Now we have help! Thank you Optima Tax.
I got swindled by Optima Tax Relief!
After >$6K in 'fees' i have the same tax problem i started with! From the beginning i asked "can you remove the IRS tax penalties" from my transcript? They said they could.. guess what they could not, and did not reduce any of my tax liability (all due to a clerical error). They took my money, and did nothing for me!! I could have set up a payment plan.. They should have issued me a refund and just let me know they could do nothing for me..
bad people to deal with
they just scam me of almost $7.000 and they did nothing for my debt this are criminals something need to be done about them do not trust them they will take your money