Tax Protection Community Tax Reduction

Should you owe cash to the IRS resulting from unpaid taxes, you could have thought-about hiring a debt reduction or tax decision firm. These companies help taxpayers with points associated to tax debt. Whereas the sphere as a complete has attracted an unsavory repute, respected corporations can shave hundreds of {dollars} or extra off your tax invoice.

In its greater than 15 years of service, Tax Protection Community has constructed up a strong repute for offering high quality service at a aggressive value. On this information, we’ll take a deep dive into Tax Protection Community’s service choices, strengths and weaknesses, pricing and extra. Proceed studying to be taught if Tax Protection Community is the suitable tax reduction firm for you.

Greatest for bilingual companies

Many bilingual people might really feel extra comfy speaking of their native language no matter their English talking skills, particularly for advanced, high-stakes points like tax debt.

Tax Protection Community maintains a devoted bilingual assist workers to help each English and Spanish-speaking clients. Not solely can Spanish audio system work together with bilingual tax reduction professionals, together with CPAs and tax attorneys, however Tax Protection Community additionally has a devoted toll-free telephone line for many who communicate Spanish. You may as well change between English and Spanish on the corporate web site.

Tax Protection Community tax reduction professionals and cons

On this part, we’ll cowl the benefits and downsides of utilizing the Tax Protection Community.

Execs defined

A few of Tax Protection Community’s strengths embrace its wide selection of companies, bilingual assist workers and free consultations.

In depth number of companies

Tax Protection Community affords a wide range of companies that transcend common tax reduction. With Tax Protection Community, you possibly can entry an array of area of interest companies like small enterprise tax assist and payroll tax help. You may as well use Tax Protection Community that will help you navigate IRS audits and appeals.

The corporate additionally affords a normal tax preparation service. Whereas anybody can put together and file their taxes without spending a dime (take a look at our full information on how to file taxes for free in the event you intend to take action), these with advanced tax wants, such because the self-employed or greater earnings people, might profit from their skilled tax preparation companies.

Totally bilingual customer support

Tax Protection Community affords absolutely bilingual customer support. You may as well change the web site from English to Spanish utilizing a toggle characteristic on the high of the web site.

Free preliminary session

Tax Protection Community affords a free session so you possibly can work out if the service is best for you. Throughout your session, the tax skilled will ask about your debt obligations and private info, resembling your earnings, belongings and different money owed.

Then they’ll define attainable reimbursement methods and focus on how Tax Protection Community will help you handle your tax burden. By the top of your session, it’s best to have a good suggestion of what choices and potential methods you could have obtainable. The service consultant must also current you with a quote.

Cons defined

Drawbacks to utilizing Tax Protection Community embrace its quick money-back assure interval and that it lacks industry-standard accreditations.

Brief, three-day money-back assure

When you decide to utilizing Tax Protection Community, you could have only a three-day window to request a full money-back assure. Against this, many opponents allow you to request a refund for anyplace from two weeks to as much as six months. Understand that not all tax reduction corporations supply this perk.

Longer money-back assure intervals provide you with an opportunity to discover different choices. Additionally they allow you to see how the service works in motion.

Some accreditations are lacking

Tax relief companies can obtain accreditations from {industry} teams, such because the Accreditation Council for Accountancy and Taxation (ACAT), the American Institute of CPAs (AICPA) and the Accreditation Council for Accountancy and Taxation (ACAT). These credentials let you already know that the corporate has met sure industry-related requirements. Whereas accreditations do not function a top quality assure, they sign that an organization has undergone third-party vetting. These accrediting our bodies might carry out audits to make sure the corporate’s work falls in keeping with finest practices.

Tax Protection Community is accredited by ​​the American Institute of Licensed Public Accountants, Nationwide Affiliation of Tax Professionals, American Society of Tax Drawback Solvers and the Nationwide Affiliation of Enrolled Brokers.

Tax Protection Community tax reduction choices

Tax Protection Community affords a full suite of tax-related companies. On this part, we’ll discover 5 of its high service choices.

Tax reduction

Should you need assistance navigating your tax burden, you possibly can benefit from Tax Protection Community’s complete array of tax reduction choices. These embrace:

• IRS tax reduction
• State tax reduction
• Tax settlement
• Tax debt forgiveness
• Tax negotiation
• IRS fresh-start initiative
• IRS appeals
• IRS cost plan
• Provide in compromise
• Harmless partner reduction
• Presently not collectible
• IRS penalty abatement

A few of these reduction strategies are fairly widespread. Yow will discover any variety of tax reduction corporations that present IRS tax reduction. Others characterize extra distinctive specialties since they aim a extra area of interest buyer section. For instance, not all corporations of this sort present harmless partner reduction, which helps husbands and wives whose companions incorrectly stuffed out their joint tax returns.

Making use of for one among these packages doesn’t assure acceptance. Even in the event you do qualify for a tax reduction program, the IRS might merely defer your funds till a later date. If that happens, you could have to pay curiosity and late charges.

Tax assist

Tax Protection Community will help you with varied tax difficulties. These embrace:

• Unfiled tax returns
• Delinquent taxes
• Again taxes
• IRS tax levy
• IRS tax lien
• IRS penalty discount or elimination
• IRS wage garnishment
• Particular person tax preparation
• IRS discover administration

Finding out your delinquent, unfiled or back tax state of affairs with the IRS can forestall you from experiencing extra extreme issues down the street. Different options embrace installment agreements that allow you to pay down your owed taxes on a daily schedule.

Tax Protection Community can cease future difficulties on the supply with its particular person and small enterprise tax preparation service. Its personalised companies work finest for people with advanced tax returns. Chances are you’ll profit from Tax Protection Community in the event you’re a enterprise proprietor or in case you have a number of of the next:

• Funding earnings
• Self-employment earnings
• Itemized deductions

When you’ve got one thing extra advanced than an easy private tax return, it could be worthwhile to make use of a tax preparation service versus tax software.

Tax audit

When you can undergo a tax audit by your self, most individuals ought to search exterior assist. Audits are inherently advanced processes with loads of shifting components, and errors can result in steep monetary penalties. Tax Protection Community has audit representatives, who will work in your behalf to discover a resolution with the IRS resembling a suggestion in compromise, a cost plan and even enchantment if applicable.

Small enterprise assist

Tax Protection Community affords a sweeping array of tax-related companies for small companies. Most of those cope with tax preparation and planning help. Nevertheless, you too can obtain assist if what you are promoting is behind on its taxes or in the event you’ve run into different tax-related points. This is a full checklist of the companies provided:

• Enterprise tax preparation
• Bookkeeping
• Payroll taxes
• Startup plans
• Gross sales tax nexus
• Shut company submitting
• Tax debt decision
• Tax planning

TaxSafe

TaxSafe is a program provided by Tax Protection Community that gives ongoing tax companies, credit score monitoring and extra after your tax decision case is full. Calling it “an insurance coverage coverage on your tax decision”, these packages are meant for the 24 months after your tax case completes and give you ongoing help with the IRS, discounted tax preparation and credit score safety.

You’ll be able to select from three plan choices:

• Fundamental: This plan prices $28 a month and affords help with IRS notices and stability monitoring, reductions for tax preparation and backbone, credit score safety and a free credit score session.

• Commonplace: This plan prices $50 a month and gives the identical options as the fundamental plan, however you may additionally achieve entry to further tax companies and credit score safety companies together with assist from a devoted tax specialist and a $1 million ID theft insurance coverage coverage.

• Professional: This plan prices $129 a month. Its complete slate of companies is right for self-employed people and enterprise homeowners. You may obtain every part that you simply’d get with the usual plan together with different companies resembling ID theft monitoring and quarterly estimated cost alerts.

Tax Protection Community tax reduction pricing

Tax Protection Community would not publicize its costs for tax reduction. A member of its gross sales staff knowledgeable us that the agency solely shares value info with present or potential clients.

To learn the way a lot it might price, you may have to qualify for a free session (which means you owe greater than $5,000 to the IRS in state or federal taxes). Like with different tax reduction corporations, the precise quantity will fluctuate relying in your case, which you may get throughout your free session. Tax Protection Community workers will ask you for private info, resembling your whole tax burden, to create a personalized quote.

Tax Protection Community accessibility

Availability

Tax Protection Community affords digital and over-the-phone help in all 50 states. Nevertheless, in the event you’d want a face-to-face assembly, your choices can be extra restricted. Yow will discover department places of work in 32 states. (Observe that some states have a number of areas whereas others have just one or two.)

Chances are you’ll not qualify for help with Tax Protection Community if it believes you received’t obtain worth from its companies. Nevertheless, this means the agency’s trustworthiness. Some unscrupulous tax reduction corporations will cost excessive charges no matter your probability of attaining success in your case.

Contact info

You’ll be able to contact Tax Protection Community in one of many following methods:

• Cellphone: Tax Protection Community operates a toll-free, 24/7 quantity at 855-476-6920.

• On-line kind: Fill out the shape on the backside of Tax Protection Community’s contact web page for common inquiries.

• E-mail: [email protected].

• Snail mail: Ship a letter to 9000 Southside Blvd., Bldg 100 Suite 1900 Jacksonville, Florida, 32256.

Person expertise

Based mostly on customer reviews despatched to the Higher Enterprise Bureau, Tax Protection Community has an A+ grade with the Higher Enterprise Bureau and a 4.5 out of 5 stars ranking from clients.

You obtain a free session from a tax skilled and Spanish audio system can anticipate to work with a bilingual workers member.

Tax Protection Community buyer satisfaction

On the Higher Enterprise Bureau web site, Tax Protection Community holds a 4.5/5 star rating average with 862 buyer evaluations. Many optimistic evaluations praised the corporate for its skilled and courteous workers. Nevertheless, a number of reviewers complained about poor communication and failure to supply helpful help.

It additionally has an A+ ranking with the Higher Enterprise Bureau. Nevertheless, it is vital to notice that the Higher Enterprise Bureau scores use a number of elements like time in enterprise and grievance response charge.

How we evaluated Tax Protection Community tax reduction

We evaluated the Tax Protection Community utilizing a number of key metrics. These included:

• Vary of companies
• Pricing
• Buyer evaluations
• Third-party recognition
• Accessibility and availability
• High quality of service

Abstract of Cash’s Tax Protection Community tax reduction overview

Tax Protection Community gives a complete set of tax-related companies. These transcend commonplace tax reduction help to embody tax preparation and planning. After your case is full, you possibly can even purchase a month-to-month subscription with Tax Protection Community’s TaxSafe to give you ongoing tax, audit and credit score monitoring help.

TaxSafe gives IRS stability monitoring and audit help for people and enterprise homeowners. Relying in your plan selection, you may additionally achieve entry to useful options like free credit score consultations, credit score monitoring and free consultations with a devoted tax specialist.

Whereas Tax Protection Community is energetic in all 50 states, it solely has brick-and-mortar branches in 32 states. One other potential disadvantage is its quick three-day money-back assure and a lacking accreditation from the Accreditation Council for Accountancy and Taxation (ACAT).

Earlier than you choose a tax reduction service, do your due diligence by buying round. Getting a wide range of quotes will allow you to make an knowledgeable buying determination.