Since 2005, this Colorado-based company has helped numerous clients in each of the 50 states resolve tax debt. Larson Tax Relief was founded by Jack and Ron Larson and is built of a team of experienced tax attorneys, CPAs, and enrolled agents who deliver personal and business tax relief solutions.
The Good
- Free evaluation
- Business owner services
- Features
- Penalty relief
Free Evaluation
Free consumer evaluations are provided by calling the company’s toll-free number, where a consultant will be available to further assess each financial situation of the caller. Senior consultants staffed by the company have several years of personal and collective experience in discovering the most suitable solution to tax issues.
Business Owner Services
For business owners seeking tax relief, several of LTR’s team members not only have extensive experience in the business sector, but are also business owners themselves and offer explanations to help educate clients on what they can accomplish even under the most complex of cases. Team members holding J.D. degrees have helped those with minor tax debts to tax debts amounting to over two million dollars, which helps to create a safe atmosphere for clients under an extreme tax burden.
Features
Larson Tax Relief service highlights include:
- Enrolled agents, CPAs, and tax attorneys on staff
- Continuing Education certification from the IRS, meaning that EAs are continually being updated on the tax code and IRS practices
- 15-day return policy on all customer fees
- Represented clients in all 50 states
Penalty Relief
LTR offers clients a broad spectrum of relief options, including emergency and long term relief. Several clients were able to get an offer in compromise that reduced their tax liability by 35 percent or more, which is difficult to achieve due to the dynamics surrounding these plans.
The Bad
- Lack of accreditations
- Limited education
Lack of Accreditations
While Larson Tax Relief has many positives aspects, no company is perfect. Some of our concerns include its lack of memberships and accreditations with the industry’s professional organizations. The company is a member of the NAEA, but it is not a part of the ASTPS or the NATP.
Limited Education
Clients would like to see the company do more to educate consumers visiting their website by offering resources and tools to help strengthen their financial fitness. For a company with over a decade of experience, not supplying these additional materials is cause for concern, as many of its competitors do well to provide information free of charge; however, enrolled clients will benefit from the team of representatives extensive knowledge.
The Bottom Line
Larson Tax Relief has a full staff of CPAs, tax attorneys, and enrolled agents to assist clients in all 50 states. The company extends its services to individual taxpayers and businesses to resolve state and IRS tax related issues. We recommend calling to determine if Larson Tax Relief’s services can meet your needs. If not, we recommend investigating other top recommended companies.
More Information
Pricing
Larson Tax Relief has not disclosed pricing information on its corporate website.
Services
Larson Tax Relief offers the following tax services:
- Installment agreements
- Offers in compromise
- Wage garnishments
- Bank levies
- Partial pay installment agreements
- Currently not collectible statuses
- Unfiled tax returns
- Tax liens issues
- Back tax solutions
- Audits
- Asset seizures
- Penalty abatements
- Innocent spouse relief
- IRS appeals
Minimum Debt
The company has not disclosed this information on its corporate website.
About
In 2005, Jack and Ron Larson started a tax relief business, Larson Tax Relief, to help clients deal with tax debt and the IRS. Today, they have built a team of experienced professionals to provide answers and solutions to their clients. To ensure client satisfaction, Larson Tax Relief will refund all fees if a client is not satisfied with the services within 15 days of signing an agreement.
States Available
Larson Tax Relief represents clients in all 50 states.
Contact Info
Phone: 888-589-0955
Email: [email protected]
Address: 10170 Church Ranch Way, Suite 450, Westminster, CO 80021
Time in Business
Larson Tax Relief has been in business since 2005.
Upfront Fees
There is a service fee that Larson Tax Relief charges that is based upon the type of service rendered. This functions as a retainer fee, which goes into the law firm’s trust fund and is paid out to the lawyer over time. You will need to contact the company to determine the amount or if a fee is applicable to your situation.
Tax Attorney on Staff
Larson Tax Relief has several lawyers on staff, many of which studied tax relief and tax law while earning their J.D. You can read about these tax attorneys in their bios under the “About Us” section on the company’s website.
CPA on Staff
Even though none of the associates with Larsen Tax Relief have a CPA listed on their website bio, many of them have studied accounting and most are enrolled agents that are allowed to practice before the IRS.
Professional Associations
The company is a member of the NAEA.
Enrolled Agent
Larson Tax Relief has enrolled agents that are allowed to work in all 50 states.
Refund Policy
If you are unhappy with Larson Tax Relief’s services, the company will return all of your fees within the first 15 days. After the first 15 days, you are entitled to the unused portion of your service fees.
Are there any inaccuracies in this review? We take our accuracy very seriously and would love your feedback. Give feedback here.
Blog Post
- Takes your existing debt and try to settle with your creditors for a lower amount. If you pay off the settled amount, your debt will be considered paid in full.
- Negotiates with your creditors on your behalf.
- Fee based on a percentage of your total starting debt or a percentage of the debt they save you.
- Most settlement companies have you create a separate "escrow" account where you will make monthly contributions over a certain amount of time to contribute to your settlement. Once there is a substantial amount of funds to show your creditors, the settlement company will try to negotiate a lower amount of debt.
- Combines all your debts and creditors into one monthly payment.
- Allows you to pay one monthly payment to the consolidation company, instead of multiple payments to different creditors.
- You no longer owe your original creditors; instead you pay one monthly payment to your consolidation company.
- Consolidation companies can help negotiate lower interest rates on your debts and help lower your total debt payment in the long run. A lower interest rate will lower the amount you owe in the end.
- Allows you to consolidate all your different debts into one personal loan that can be paid off over time.
- Can offer borrowers a lower interest rate with a longer payback term (compared to high-interest credit cards or medical bills). This will lower the amount of money required to pay off the loan over time.
- Personal loan debt consolidation can be an effective way to raise your credit score quickly (within 3-6 months).
- Borrowers can receive funds from their loan within only a few days.
Read full articleRecent News:
No Larson Tax Relief Reviews