Tax Debt Relief Myths
There are many myths about Tax Relief and Tax Resolution firms. Before you hire a company to help you with your tax issue, do your research and review some of the myths listed below.
Myth #1
All Tax Resolution professionals have basically the same training, education and experience with the IRS.
Fact #1
Not all tax professionals have the same training. Power of Attorney Enrolled Agents, for example, undergo rigorous education and have to pass a three part examination to be licensed by the Internal Revenue Service . They participate in annual continuing education courses specifically dealing with IRS problems. They have access to up to date material on an ongoing basis.
Myth #2
All Attorneys and accountants basically have the same qualifications and experience with the IRS.
Fact #2
Only a small percentage of lawyers and accountants have any experience in dealing with the IRS collections. Some attorneys simply prepare documents and many accountants deal only with accounting matters. Tennex Tax Solutions have experts who are Enrolled Agents, Power of Attorneys and Accountants with over 30 years combined experience in IRS tax relief and work with the IRS collections department daily.
Myth #3
Former IRS agents have a special connection that gives them an inside edge.
Fact #3
All IRS problems are resolved based on the facts of the case, the applicable law and the skill of the Tax Resolution Professional. Personal connections simply do not come into play. In fact, many of the former IRS agents think like the IRS and do not think outside the box or have your best interest in mind. They just comply with the numbers and the IRS mentality. This can cause clients to lose out on reductions and a more favorable resolution,
Myth #4
The bigger the corporate firm the better.
Fact #4
Large corporate firms have no advantage over smaller Tax Resolution Professionals. Clients will pay large up front fees and an ongoing retainer to these firms who typically take longer to resolve their case because of higher caseload and receive little customer service. Tennex Tax Solutions limits their caseloads to fit their clients needs and best interests.
Myth #5
Choosing a Tax Professional because they are the first company that shows up on an Internet Directory because they are carefully screened for qualifications.
Fact #5
Most Internet directories are nothing more than another advertising media. Sometimes, the only qualification required in order to be listed is the ability to pay big bucks for an “exclusive listing.” Make sure you check the BBB Rating and Accreditation along with their length of business.
Myth #6
Tax Professionals that guarantee results must be better than those who do not.
Fact #6
Many companies have sales people that take their initial calls. They are not licensed or have any tax negotiation experience. They will guarantee anything to get paid a commission. No legitimate Tax Professional will guarantee a specific resolution before knowing what the client's IRS case specifics along with the client's current financial situation.
