Qualities of a Good Tax Resolution Firm
You may happen to owe the tax authorities unpaid taxes. You will, therefore, need a tax resolution service by your side. This calls for you to know how to choose the best among them. Here are the things you need to pay attention to.
You need to do some research on the proposed firms. You need to see how they have performed in the past, and if any clients complained. This can be easily done online. Ask for references to find out more. It is important that you look at what licenses they hold. You should avoid ever working with an unlicensed firm.
You need to also know how much this shall cost you. You may come across some unscrupulous players who tell you of certain terms only to change them later. They shall cause you to pay extra when you thought you were done. You need to have all the details of their payment terms in writing, to safeguard you from any future attempts at extorting money from you. You have laws that safeguard you from such practices you can refer to. You can also get them to agree to split payments. Any service insisting on complete payment beforehand is an indication of future problems.
It is important to establish what your duties shall be in the process. The most common one is your provision of financial documentation for reference purposes. You are expected to provide it in time, or face a penalty. This is why it is important to be clear on your role beforehand.
They need to also tell you if they shall handle the tax returns for that period. Some of them do, while others leave that responsibility to you. If they had not been filed, you need to work on their first. It shall tell you what you are facing, and whether these services are needed.
You need to also find out about their preferred channels of communication. It is important to have a clear outline of how you shall be communicating, and when the lines are open. It is important that you can reach them at any time. You need them to answer you whenever the need arises.
you also need to know I brief what strategy they are going with. It is equally important they do not switch the plan later. There are firms which might propose a payment plan, only for them to later switch to something different.
You need also not work with a form that offers guaranteed outcomes. While they may be the best, it is the tax authorities that make the final call. You will know you are dealing with a liar if that were the case.