Our Instant Tax Solutions Review will tell you everything you need to know about this service. Is it legit or is it a scam? Read on to find out.
- Instant Tax Solutions employs both tax attorneys and CPAs as well as enrolled agents to handle less complex cases.
- A minimum tax debt of $10,000 is required. Instant Tax Solutions only considers taxpayers with a minimum tax debt of $10,000.
- Instant Tax Solutions charges an average fee of $2,800. The fee will vary depending on the complexity of the case, but this is the average fee customers will pay.
- Instant Tax Solutions fees begin at $1,800 and increase from there.
- You may receive a refund if you are not satisfied with Instant Tax Solutions’ services or if you cancel your account (terms and conditions apply).
- For Instant Tax Solutions to begin working on your case, a retainer fee is required upfront.
- The company also provides tax relief services for state tax debt.
As of 2009, Instant Tax Solutions was established by Byron Pedersen and Ian Woodman as a tax resolution company. Over the years, Instant Tax Solutions has grown and flourished in Coeur d’Alene, Idaho. Instant Tax Solutions prides itself on maintaining integrity, and every potential client receives a free consultation as well as a financial analysis. Instant Tax Solutions does not hold any major industry accreditations. Additionally, Instant Tax Solutions’ website does not provide pricing information.
Read on to learn more about the company’s tax relief services and to find out what others have to say about Instant Tax Solutions.
- Processes that follow a systematic approach
- Problems related to taxes
- Services in the field of taxation
- Information about employees
- 100% Satisfaction Guaranteed
Processes That Follow A Systematic Approach
It is the mission of Instant Tax Solutions to give its customers the tax help they need to resolve their tax debts systematically and professionally. The process starts with a free initial consultation and a financial analysis that is free of charge.
The call lasts 15 minutes, and it is designed to answer any questions the client may have and to determine whether it is possible to legally avoid paying up to 90 percent of their tax debt.
Using the Power of Attorney, the tax relief company searches for evidence of the Internal Revenue Service (IRS) against the customer and creates a plan of attack. This process typically takes 4-7 days. As part of the third step, Instant Tax Solutions negotiates with the IRS for 2-5 months to ensure all possible penalties are removed from the customer’s account.
Furthermore, financial professionals strive to obtain better settlements for their clients. The fourth step is financial freedom, which allows the client to be free of IRS obligations.
Problems Related To Taxes
Instant Tax Solutions has a team of dedicated tax lawyers who will work with the IRS to come up with a tax solution for the following situations:
- Back tax returns filed with the IRS
- Lien on IRS taxes
- Bank Levy
- Property Levy
- Notices and letters from the Internal Revenue Service
- Interest and Penalty
- Income Taxes
- Officer harassment
Services In The Field Of Taxation
As you may know, one of the most difficult parts of dealing with taxes on your own is being able to navigate tax law as it pertains to your tax returns. Tax relief companies use a team of tax attorneys to assist taxpayers in finding affordable and fair solutions to their tax debt problems.
A fully qualified attorney at Instant Tax Solutions works hard to remain current with tax laws and codes, and the methods used by the IRS during negotiations. Instant Tax Solutions provides the following services for tax issues:
- Offers in Compromise
- Applicant Installment Agreements
- Apply for Penalty Abatement
- Relief from income taxes for spouses
- Currently not collectible status
It is possible to use the company’s Savings Calculator to see what tax services are available to those with IRS tax debts. The company provides business tax services to those who need them.
Information About Employees
Most tax debt relief companies portray themselves as bland, yet professional, tax service providers when it comes to tax debt relief. Each tax professional employed by Instant Tax Solutions is provided with a biography and personal description, regardless of whether the individual is an enrolled agent, a certified public accountant (CPA), or an administrative assistant.
Many companies lose customers on the personal side for fear of straying from professionalism because they don’t want to appear unprofessional.
Moreover, taxpayers with IRS tax problems who are nervous about entrusting their tax information to a stranger can learn more about Instant Tax Solution’s employees. This will result in a greater level of trust between the professional and the taxpayer.
100% Satisfaction Guaranteed
In the event that a customer has IRS tax debt and is not fully satisfied with the services provided, the company offers a 30-day, no-questions-asked full refund policy. The company works to ensure clients are completely satisfied with its customer service and tax debt relief. Many tax relief companies do not provide these assurances.
A money-back guarantee can be a lifesaver in a difficult situation with the IRS where wage garnishment, bank levies (IRS freezes your bank account), and even tax liens may be necessary.
- Accreditation issues
- Costs associated with Instant Tax Solutions
- Information is lacking on the website
Several key industry professional associations are not affiliated with Instant Tax Solutions.
The company does not appear to be a member of the American Society of Tax Problem Solvers (ASTPS), the National Association of Tax Professionals (NATP), or the National Association of Enrolled Agents (NAEA).
It is important to note that Instant Tax Solutions possesses a team of highly experienced tax attorneys, certified public accountants (CPAs), former IRS agents, and Federal Enrolled Agents. The customer can usually count on expert advice from an experienced tax preparer or tax attorney.
Costs Associated With Instant Tax Solutions
The company has stated that it would cost between $2,400 and $2,800 to resolve a tax debt of $20,000. Instant Tax Solutions does not state its exact price online. Customers must have at least $10,000 in tax debt to be eligible for its services.
The website of Instant Tax Solutions provides a transparent description of their available services, however, pricing information is not presented.
The reason for this is probably that each client has a unique tax situation, and pricing varies from service to service. For example, a debt of $20,000 would result in a $2,400-$2,800 fee, depending on whether the debt is personal or business.
Compared to other well-known companies in the industry, Instant Tax Solutions’ retainer appears to be on the higher end.
Information Is Lacking On The Website
Despite their excellent explanation of their available services, Instant Tax Solutions does not provide a frequently asked questions page. In addition to their Tax Savings Calculator, it would also be helpful if the company provided helpful tools and calculators for different services.
There is no information on the website as to whether Instant Tax Solutions assists with tax audits. However, there is a minimum debt requirement of $10,000.
Instant Tax Solutions Review FAQs
How Much Does Instant Tax Solutions Charge?
There is a range of fees associated with Instant Tax Solutions, depending on the size and complexity of the case. However, you can expect the cost of their services to start at $1,800.
Does This Company Offer Flexible Payments?
Instant Tax Solutions offers flexible payment options so that you are not required to pay their fees in one lump sum.
Do They Have A Money-Back Guarantee?
There is a money-back guarantee offered by Instant Tax Solutions. If you are unsatisfied with their services, you may be able to request a refund. Visit their site to learn more about the refund policy.
Does It Charge A Retainer?
There is a retainer charge associated with Instant Tax Solutions’ services.
What Is The Minimum Tax Debt Instant Tax Solutions Required?
Taxpayers with less than $10,000 in tax debt may benefit from a debt consolidation loan or credit counseling services offered by Instant Tax Solutions, Inc.
What Type Of Tax Cases Can Instant Tax Solutions Handle?
In addition to offering assistance to taxpayers with a wide range of tax issues, Instant Tax Solutions also provides the following services:
- Cases not collectible
- Installment Agreements
- Account levy
- Tax debt you can’t pay
- Amount Owed Not Accurate
- An officer calling
- Filing status
What Kind Of Customers Does This Company Consider?
Aside from the fact that Instant Tax Solutions deals with both personal and business tax relief cases, some tax professionals specialize in one or the other.
What Type Of Currently Not Collectible Cases Does Instant Tax Solutions Analyze?
Currently not collectible (or CNC) refers to the IRS determining that you lack the assets and income to repay your tax debt. Instant Tax Solutions can handle cases that are currently not collectible. Please note that Instant Tax Solutions will consider all CNC cases, regardless of their expiration date.
What Kind Of Installment Agreement Cases Does This Company Consider?
Instant Tax Solutions will consider cases involving installment agreements. In fact, they will consider cases in which there is no risk of default on the installment agreement.
Instant Tax Solutions: Is It A Legit Company?
The company Instant Tax Solutions, LLC was founded in 2008 and has been in the business for over 15 years. Based on the “strongly recommended” rating the company currently holds in the SuperMoney community, it appears that the company is quite reputable.
Located in Coeur d’Alene, Idaho, Instant Tax Solutions is a tax relief company that specializes in a wide range of tax resolution solutions and tax issues. The company claims that they make its clients a top priority and that it is built on integrity. They provide both business tax services and individual tax services. There is a 30-day money-back guarantee and a full refund policy for customers.
By industry standards, Instant Tax Solutions offers free consultations and financial analyses. Instant Tax Solutions implements a systematic approach to assist clients in resolving their tax issues. Approximately 40 tax professionals are employed by the company as a whole, including highly experienced tax attorneys, CPAs, former IRS agents, and Federally Enrolled Agents. Several important professional organizations, such as the American Society of Tax Problem Solvers (ASTPS), the National Association of Tax Professionals (NATP), and the National Association of Enrolled Agents (NAEA), are not affiliated with the company.
Moreover, Instant Tax Solutions does not provide pricing information. This company is worth exploring if you need tax services or have tax problems. In comparison to other top tax relief companies, like Optima Tax Relief and Tax Defense Network, Instant Tax Solutions fares fairly well for a company that does not disclose cost information. Take a moment to read Instant Tax Solutions reviews to learn more about the company.