As tax deadline approaches, IRS warns of companies offering to help settle debt

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As tax deadline approaches, IRS warns of companies offering to help settle debt
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The tax deadline is approaching and if you owe the government money, you may be looking into third-party resolution companies. InvestigateTV Consumer Investigator CaresseJ tells you what you need to know before you sign on the dotted line.

. In its overview of common schemes, the IRS warned taxpayers to be wary of companies that offer to help settle debt.While contemplating how he was going to pay what he owed, he heard ad from a tax resolution company on the radio saying it could help decrease his tax debt.

In total, Jordan says the company asked him to pay $15,000 for its services. He said a representative with the company told him he qualified for a loan to pay off what he owed them. He then called the company back, asking for a refund and for the loans to be canceled. While the company agreed to cancel the loans, they delinked to return the $15,0000 he already paid them. echoed the IRS’ warning about advertisements from unknown tax resolution companies. She said while Jordan’s experience may not constitute a scam, it is a stark reminder to read the fine print and know what you’re signing up for.

InvestigateTV contacted the IRS about Jordan’s issue. The government agency pointed to an alert on its website, which advises consumers to be wary ofThe IRS also wanted to remind people that if you owe back taxes, you can apply for an online payment agreement.

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