Precision Tax Relief Reviews

Precision Tax Relief is a tax relief company that helps you handle IRS inquiries, back-owed tax debts and negotiations with the IRS. Its team handles both business and personal tax debts.

In addition to tax relief services, Precision Tax Relief provides current-year tax preparation and bookkeeping services.

Precision Tax Relief helps you manage your tax debts with the IRS. Licensed tax professionals will review your tax situation — including IRS letters and your business and personal finances — and come up with a plan to provide tax relief. This may include putting together an offer in compromise, filing back taxes, helping remove IRS levies or stopping wage garnishment.

Before you hire Precision Tax Relief, you can schedule a free consultation to review your tax situation and see if the company can help. After review, you’ll get a flat-rate quote for the services recommended, which avoids unexpected charges. Precision will then come up with a plan, help you fill out forms and assist you in negotiating your tax bill.

Precision offers many services to help with large IRS tax bills. It does not provide audit representation but may help if you owe $10,000 or more due to an IRS audit. Here are a few other ways it might help you:

• Back tax return filing: Reps evaluate your past taxes and help file back tax returns for you. They can also help lower (or stop) IRS penalties and get you caught up with your filing requirements.
• Offer in compromise negotiation: Though complicated to navigate, an offer in compromise (OIC) is one of the most powerful debt negotiation tools. Precision Tax Relief can help you fill out forms and negotiate a much lower tax bill.
• Revenue officer assistance: An in-house tax attorney can help you work with IRS agents and advocate for your legal rights.
• Payroll tax debt assistance: If you owe back payroll taxes, Precision can help you navigate getting caught up and only paying what you owe.
• IRS levy release: Reps can help you put a hold on IRS levies against your property, bank account or wage garnishment (in as little as 24 hours).
• IRS lien resolution: Reps can help pursue lien release, withdrawal, discharge or subordination (which may allow refinancing or property sales).
• IRS hardship status: Reps can help you negotiate hardship status with the IRS to prevent further collection.
• Tax debt expiration advice: Precision can help you identify tax debts that may be past the collection statute (typically 10 years) to avoid overpaying what you owe.
• Payment plan negotiation: Reps can help you put together an installment agreement or payment plan with the IRS to pay back your taxes owed.
• Penalty abatement negotiation: Reps can help you get IRS penalties removed from your back tax debt.
• Innocent spouse application: Reps can help you avoid being responsible for your spouse’s tax debt by filling out an innocent spouse application with the IRS.

Precision Tax Relief offers flat-fee services, though the cost of tax relief services differs for each person. You can schedule a free consultation to get a custom quote based on your specific situation.

The flat-rate fee structure is nice because you know exactly how much your service will cost upfront. This fee can be paid in the beginning, or you can create a payment plan to pay it off over time.

To give you an idea of what to expect, here are some typical costs of tax relief services. Most tax relief services start at around $1,000 but can go up to $10,000 or more.

Yes, Precision Tax Relief is a legitimate tax relief company. Precision Tax Relief has been in business since 1967 and employs licensed professionals who have helped over 14,000 clients successfully resolve tax problems. The company has a team of 18 Enrolled Agents, five CPAs  and one tax attorney.

Precision Tax Relief is a great option for those with $10,000 or more in tax debt who care about flat-fee pricing and payment plan options with no interest. If you need tax relief services and want help managing your tax debts, Precision Tax Relief is worth considering.