How much do tax relief companies charge, and what should their fee include? I look at a reported quote of 12% of a taxpayer's debt and a claim that 14% is the “industry standard.” The focus is how to compare tax relief fees and contract terms before you pay.
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I'm Logan Allec, CPA and owner of Choice Tax Relief. I respond to a taxpayer's reported quote for a partial-payment installment agreement (PPIA) and explain the questions I would ask before signing a tax-resolution fee agreement.
We cover:
- Flat, hourly, and percentage-based pricing
- How the work involved and size of the tax debt can affect a quote
- Separate investigation, tax preparation, and resolution fees
- Whether appe...