When it comes to taxes, the last thing you want is to have your credit score affected. But what if you’re considering Precision Tax? Will it hurt your credit? We can give you an overview of this company in our Precision Tax Review.
Will Precision Tax Hurt My Credit?
The short answer is no. Precision Tax does not report to any major credit bureaus, so using their services will not affect your credit score. They take care to ensure that all their clients’ information remains confidential and secure.
Precision Tax offers various services designed to help people with their tax problems. Whether you need help filing back taxes or resolving an IRS debt, they can provide the assistance you need without hurting your credit score. Their team of experienced professionals has nearly 60 years of combined tax resolution experience and can work with you to find the best solution for your situation.
At Precision Tax, they understand that dealing with tax issues can be stressful and overwhelming. That’s why they strive to make the process as easy and stress-free as possible for their clients. They offer personalized services tailored to each individual’s needs.
Precision Tax Relief Pros and Cons
Pros
- No Initial Fee: Precision Tax Relief offers a free consultation to discuss your tax debt and options for resolving it.
- Client Service During Process: Precision Tax Relief was praised by reviewers for their communication and responsiveness throughout the process, as well as their due diligence in investigating the merits of each case.
- Flat-Fee Arrangements: The company’s website and client reviews suggest that it charges a flat-fee upfront, and appears to honor these quoted fees according to customer feedback.
Cons
- Unclear Refund Policy: They advertise a 30-day money-back and service guarantee, but don’t provide any detail on the guarantees.
- Limited State Tax Debt Help: Only those with an IRS tax debt will have their state tax liability resolved by this company.
How much does Precision Tax Relief charge?
There is no information on pricing available on the company website, but other sources reveal the following fees:
Initial Fee
They do not charge an initial fee to evaluate your tax situation and options to resolve your debt.
Resolution Fee
Precision’s resolution fees are not well documented, but some outside sources show an average of $2,000. Not much is known about how Precision Tax Relief sets these fees.
The company advertises to charge a flat fee upfront, with no other hidden charges or add-ons.
However, additional charges may apply depending on the scope of your engagement and what is discussed during the consultation phase.
How much money can I save?
How much you can save with careful tax planning depends on your individual circumstances.
According to customer reviews, they have been successful in doing this for many of their clients. Some people have said that the company did not help them at all, but these negative reviews are outnumbered by the positive ones.
As mentioned above, Precision’s success may be in part to its willingness to evaluate cases on their merits during the consultation stage and decline cases that it does not believe have a good chance of success.
Is Precision Tax a Scam?
Overall, Precision Tax appears to be a legitimate business offering quality services at competitive prices. They have built up a solid reputation over the years and are well-known in the industry for their expertise in resolving IRS issues. If you need help with your taxes or other financial matters, Precision Tax may be worth considering as an option.
Precision Tax Relief BBB Rating
Overall, reviewers seem happy with this company based on their ratings on Trustpilot and the BBB.
Most of the reviews of this company said that they do a good evaluation of their case, client service, and ability to reduce their tax debts meaningfully.
Here are some Precision Tax Relief reviews:
Sherry Jun 6, 2022
Claudia Nov 17, 2022
Guarantee Disclaimer
Precision Tax Relief advertises a 30-day money-back and service guarantee on all of its products. The company does not offer any additional detail on the guarantees. There are no client reviews discussing the guarantees.
Final thoughts
Precision Tax Relief is a company that will assist you with your tax debts or provides an explanation as to why it cannot help you. The research indicates that precisiontax.com is trustworthy and intent on helping its clients.
