What does Optima Tax Relief actually do?
Optima Tax Relief is a company that helps people with tax debt deal with the IRS and set up a payment plan or settle their debt for less than they owe. The company works with taxpayers with at least $10,000 in tax debt and offers a free initial consultation.
Why am I getting emails from Optima Tax Relief?
These emails are designed to fool taxpayers into thinking that they are official written communication coming directly from the IRS or other tax authority representatives, including tax software companies.
How do you qualify 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.
Does Optima Tax Relief file taxes?
Tax Preparation Services at Optima Tax Relief We have an entire team of tax preparation specialists dedicated to helping individuals and businesses file their taxes.
What is the average cost for Optima Tax Relief?
Optima Tax Relief at a glance
| Free consultation? | Yes. |
|---|---|
| Average resolution fees* (low end) | $995-$5,000 (depending on case specifics). |
| Average resolution fees* (high end) | $995-$5,000 (depending on case specifics). |
| Refundability of fees if IRS denies requests | Within 15 days of enrollment only. After 15 days, refunds are limited. |
Is Optima Tax Relief a legitimate business?
Optima Tax Relief is one of the most well-known names in tax relief. Founded in 2011, the company has been on the Inc. 5000 list of fastest-growing companies in America for several years.
What is the average cost to use Optima Tax Relief?
Can I settle with the IRS myself?
Yes – If Your Circumstances Fit. The IRS does have the authority to write off all or some of your tax debt and settle with you for less than you owe. This is called an offer in compromise, or OIC.
Can I do the IRS Fresh Start myself?
IRS Fresh Start Program Qualifications You’re self-employed and had a drop in income of at least 25% You have an income of less than $100,000 (single) You have an income of less than $200,000 (married) Your tax debt balance is less than $50,000.
How long will IRS give you to pay?
Short-term payment plan – The payment period is 120 days or less and the total amount owed is less than $100,000 in combined tax, penalties and interest.