Are services who claim they can get you a better payoff on back taxes better than dealing directly with IRS?

Answer 1

Generally.....No.....and they are very expensive.

If you owe over $10,000, your best bet is to find a CPA or EA in your local area that has experience filing an "Offer In Compromise". They can tell you if you will even qualify and help with the forms.

If you owe under $10,000, you should enter in to an installment agreement. The IRS almost always rejects offers if the balance is under $10k.

The IRS has 2 years to decide and they say "No" over 80% of the time.

Answer 2

Think about it this way. What is their motive in providing this service? Money! Whose money do they want? Not the IRSs. They are going to get some of your money and so is the IRS, so what's the point in using them? If it's big bucks get a CPA, if it's not just deal with the IRS directly.

Answer 3

Perhaps; like everything in life, it all depends. How reliable are they? The main thing is, the IRS is on one side; you are on the other side. The IRS will NOT give you money back if they can help it.
Check it out; see if the IRS will negotiate. Try to figure it out beforehand. If you do not like what the IRS is saying, tell them something like, "I'll get back to you" and leave.

Answer 4

Generally.....No.....and they are not very expensive....if ur rich

If you owe over $10,100, your best bet is to find a CPA or EA in your local area that has experience filing an "Offer In Compromise". They can tell you if you will even qualify and help with the forms.

If you owe under $10,100, you should enter in to an installment agreement. The IRS almost always rejects offers if the balance is under $10k.

The IRS has 2 years to decide and they say "No" over 75% of the time.

hth :)

Answer 5

No....not only are they worse you have to pay them to do what you can do in a couple of hours.