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Freedom Tax Relief

I have IRS tax debts. Is Freedom Tax Relief the best option for me?

I have IRS tax debts. Is Freedom Tax Relief the best option for me?

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Highlights

  • Freedom Tax Relief is a good firm with thousands of clients.
  • Freedom Tax Relief is rated by the Better Business Bureau.
  • IRS debts can be resolved with one of five options.

IRS tax debt has become a serious problem for many Americans, and unlike other forms of debt the IRS is aggressive and has more options to collect -- so you should address the problems quickly and resolve them. I will help you evaluate if Freedom Tax Relief is the right option for you by giving you some thoughts on tax debt and on Freedom Tax specifically.

First, to answer your question: Freedom Tax Relief is a good option if you are seeking a firm to represent you and help you resolve your IRS debts. They can help set up an installment agreement, work to qualify for an offer in compromise, or get you compliant (by pulling SFRs and filing back tax returns).

I’ve done some homework for you, but be sure to do your own research too. Here are the facts:

  1. Freedom Tax Relief has been in business for many years. It appears to be a good firm with thousands of clients.
  2. Freedom Tax Relief appears to be one of the larger firms, and has a low complaint ratio. This means FTR takes care of its enrolled clients.
  3. The founders of the company are Stanford Business School alumni with backgrounds in the financial services industry.
  4. It won many awards (Best Places to Work, Entrepreneurs of the Year from Ernst & Young, Fast 100 list by Entrepreneur Magazine, Inc 500, etc.)
  5. Freedom Tax Relief is positively rated by the Better Business Bureau (BBB).
  6. Most importantly, Freedom Tax Relief has helped many Americans resolve their IRS debts and looks to be an ethical operation that helps consumers deal with complicated IRS and tax debt situations.

If you want to know more about your options for dealing with IRS debt, and what a firm like Freedom Tax Relief would do for you, read on...

Tax Debt Options

IRS debts can be resolved with one of five options:

Offer in Compromise

An agreement to settle the debt for significantly less than is owed via a lump sum payment or a brief installment plan.

Installment Agreement

A monthly payment plan for the full balance of the IRS debt.

Partial Payment Installment Agreement

A monthly payment plan for a portion of the tax debt.

Currently Not Collectible

An agreement by the IRS not to seek collection of a tax debt for a specific period of time.

Bankruptcy

An order to discharge all or part of your IRS debts under chapter 7 or establish a payment plan in a  chapter 13 bankruptcy.

You can also read much more on the Bills.com IRS Debt Help page. So, Freedom Tax Relief (a subsidiary of Freedom Financial Network ) is a great choice for you!

In the spirit of full disclosure, we do consider Freedom Financial Network and its related entities as sister companies and think very highly of the teams at Freedom.

I hope this information helps you Find. Learn & Save.

Best,

Bill

Bills.com

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10 Comments

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  • MH
    Apr, 2011
    Mary
    Rindge, NH
    Any idea what Freedom Debt Relief charges to work out tax liability issues with the IRS?
    0 Votes

    • BA
      Apr, 2011
      Bill
      Freedom Tax Relief, a sister company to Freedom Debt Relief, focuses on tax issues. Each client's situation is different, and therefore the fees scale with the difficulty of the client's issues. A Freedom Tax Relief representative can speak with you about the issues you face, and can explain the fees you will expect.
      0 Votes

  • GK
    Jan, 2011
    Galli
    Braintree, MA
    Can Freedom Tax Relief do my back taxes and then help me deal with the IRS collectors? I don't know what to do exactly. Is there a stage to first getting my taxes cleaned up and then paying off the back tax stuff?
    0 Votes

    • BA
      Feb, 2011
      Bill
      Yes, Freedom Tax Relief can assist you. You are correct that there are stages (or steps) to resolving your tax problems. The first step is to bring you into compliance on your tax filing requirements. If you are not in compliance, it is difficult or impossible to take care of your problems before they lead to a wage or bank levy. Once you are in compliance and there is a tax assessment in place for each year, then you can focus on implementing a solution, such as a tax settlement or a long term payment plan.

      Freedom Tax Relief will pull your IRS records, reviewing your file to see what years need to be filed in order to bring you up-to-date on your filing. They will see if the IRS filed any returns in lieu of ones you did not file and replace the IRS filed returns if it will benefit you. They will move to stop collection efforts, once all your returns are filed. If you are in a financial hardship, you may be eligible to reduce what you owe by submitting an Offer in Compromise (OIC), although Freedom Tax Relief will want to examine your IRS file and your financial records, before advising you that an OIC is possible. One great thing about Freedom Debt Relief is that they do not try to convince you to hire them by hyping their ability to reduce what you owe. In fact, you should be wary of any tax relief firm that gives you an assurance that your tax debt will be lowered, before they have seen proof of your income, assets and living expenses, as well as a thorough examination of your tax records.

      Tax problems do not get better with time, in general. I recommend that you call Freedom Tax Relief at 1-800-455-6829 ASAP and get started on cleaning things up! Freedom Tax Relief has a staff of experienced attorneys and enrolled agents, all who are licensed to practice in front of the IRS. Please come back to bills.com and let us know how your experience with Freedom Tax Relief goes.
      0 Votes

  • IT
    Jul, 2010
    IRS
    Thank you for this post. Keep posting good information.
    1 Votes

  • BA
    Mar, 2010
    Bill
    You are welcome Sarah. We really do think highly of the team at Freedom Tax Relief and what they can do for folks who have serious IRS debts. Good luck. Bill
    1 Votes

  • 35x35
    Mar, 2010
    Sarah
    Thank you for the information on Freedom Tax Relief!
    0 Votes

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