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"Tax Debt Relief"

Buyer Beware


Thinking about hiring a “tax debt relief” company?


 

Popular (and objective) investing website  Investopedia  published this   May of 2019 article which describes the financial peril consumers can create for themselves when doing business with organizations promising ‘tax debt relief.’

Popular (and objective) investing website Investopedia published this May of 2019 article which describes the financial peril consumers can create for themselves when doing business with organizations promising ‘tax debt relief.’

This 2010 cautionary article from a well known tax attorney describes the ‘tax debt relief’ business in detail. Maui Tax Counseling advises that if you’re only going to read ONE THING about your IRS debt problems - read this.

This 2010 cautionary article from a well known tax attorney describes the ‘tax debt relief’ business in detail. Maui Tax Counseling advises that if you’re only going to read ONE THING about your IRS debt problems - read this.

Your tax dollars at work. The US Federal Trade Commission warned consumers in April of 2013 to steer clear of ‘tax relief’ companies.

Your tax dollars at work. The US Federal Trade Commission warned consumers in April of 2013 to steer clear of ‘tax relief’ companies.

This is a great article. Even though it is written by one of my competitors.

This is a great article. Even though it is written by one of my competitors.

The Fox Business Network advises against tax debt relief companies.

The Fox Business Network advises against tax debt relief companies.

This no-nonsense fellow is Iowa’s top cop. One of dozens of state attorneys general who have sanctioned and fined so called tax debt relief organizations for millions of dollars.

This no-nonsense fellow is Iowa’s top cop. One of dozens of state attorneys general who have sanctioned and fined so called tax debt relief organizations for millions of dollars.

The Washington Post has written several exposes regarding the scams perpetrated under the guise of “Tax Debt Relief”.

The Washington Post has written several exposes regarding the scams perpetrated under the guise of “Tax Debt Relief”.


as Most of these articles correctly point out, you may pursue tax debt solutions on your own.

The Maui Tax Counseling website displays links to authoritative information which contains much of what you need to know to represent yourself in the process. Taxpayers can (and do) successfully prepare and file the necessary Forms and other documents necessary for tax debt relief under the IRS Fresh Start Initiative. You are the best judge of your own abilities.

Solving tax issues on your own is not for everybody. Use caution when shopping for professional services in this area. Service providers have different qualifications, education, certifications, and expertise. Ask questions about their credentials and licensing, and what their services cost. CPAs and attorneys appreciate the risks and uncertainties of placing your trust in a professional.

If you can’t get straight answers you are comfortable with: keep shopping.

If you can’t afford or don’t wish to utilize a CPA or attorney, IRS and state tax departments can provide significant information and advice without cost.