Greensboro, NC (PRWEB) March 3, 2008
The BBB of Connecticut recently urged consumers to use "caution" when dealing with firms that promise to "settle tax debt for a fraction of the debt" and make brazen claims that they can "remove penalties, interest, and tax liens." The BBB chapter cited one firm as having more than 150 complaints and an "F" rating by the BBB. Another firm has received 846 BBB complaints. Even the IRS' own website warns consumers to "beware of promoters claims that tax debts can be settled for pennies on the dollar" through the Offer in Compromise program.
IRS enforcement has increased sharply over the past 5 years. With millions of delinquent taxpayers owing more than $300 billion to the government, it's easy to see why scores of companies have begun moving into the emerging tax resolution industry.
But all tax resolution companies are not created equal. While there are clearly some less than ethical players out there, there are also a number of highly reputable firms who approach tax resolution in a different way. One such firm is North Carolina based Effectur Inc. Effectur has a staff dedicated to providing tax debt relief to clients in all 50 states. The company has an outstanding reputation with only 21 BBB complaints in the past 5 years (all of which have been addressed to the satisfaction of the local bureau). This is quite impressive for a nationwide company with between 5,000 and 10,000 clients. Effectur also announced recently that it has reached a Net Promoter Score of 54%, ranking it among the top American companies (in any industry) in customer satisfaction.
One of the reasons that companies like Effectur have been so successful is that they have found a way to tell taxpayers the truth about their tax settlement options, instead of telling distressed, vulnerable people what they want to hear in order to make a sale. This seems especially important when it comes to the IRS' controversial offer in compromise program. Effectur's approach is unique in that its proprietary Right Fit Solution evaluates each client for 21 different IRS programs to offer the best tax settlement option for each client's unique circumstances. According to CEO Kenneth Johnson "this is what makes us different. . . our expertise and forthright approach stands out from those companies promising offers in compromise to most of their clients." "Without knowing in detail what a taxpayer's true circumstances are, most companies will disappoint their clients because the overwhelming number of offers in compromise are rejected by the IRS" says Johnson.
In the high growth, rapidly emerging sector of tax resolution it's nice to know that there truly are some good guys, and that not everyone is out there peddling snake oil. To learn more about IRS collections, please visit the Internal Revenue Service website at http://www.irs.gov. And to check on the credentials of tax resolution firms please visit http://www.bbb.org.
Effectur, Inc, is based in Greensboro, NC and serves clients in all 50 states. The Company's mission is to deliver peace of mind to its clients and its IRS specialist's have represented thousands of clients before the Internal Revenue Service.