What Is Tax Relief 2021?

There have been important changes to the Child Tax Credit that will help many families receive advance payments starting this summer. For more information and to avail of our free consultation, contact us today!

Common Tax Relief Questions

How Does Tax Relief Work?

Tax relief really means setting up a payment plan or negotiating a settlement with the IRS—it's not about erasing your tax obligation. Rather, it's about making it easier to take care of the tax debt you owe.

Are Tax Relief Companies Legitimate?

Tax relief companies are sometimes thought to be disreputable due to customer complaints about false promises, high fees, and even downright scams. While it’s absolutely true that the tax relief industry has some bad players, there are also plenty of reputable tax relief companies with proven records of success.

Who Is The Best Tax Relief Company?

Reputable tax relief companies are hard to find but you have to make sure you get the right one. Some companies offers free consultation and money back guarantee, that is a huge factor to consider in choosing a legit and reliable company.

What Is Available Tax Relief 2020?

Available Tax Relief during the state of national emergency due to COVID-19 (as of April 16, 2020) This list of available tax relief during the state of national emergency due to COVID-19 is updated as of April 16, 2020 with the issuance of Revenue Regulations No. 09 and 10-2020 and Revenue Memorandum Circular Nos. 36, 38, 39 and 41-2020. The recent BIR issuances, among others, provide for further extension on the filing/payment of tax returns and other BIR submissions, expanded coverage of the donor’s tax exemption and full deductibility of donations to help combat COVID-19, and clarifications on the exemption from DST of credit extensions/restructuring during the period of state of national emergency.

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