According to the Instant Tax Solutions Reviews Team, the firm is seeing more and more deceptive ads and misleading practices by fraudulent tax debt resolution companies. The group states that by regulating the industry, the government can help protect taxpayers and reputable tax service providers alike. Today, the Instant Tax Solutions Reviews Team speaks with Interviewing Experts to discuss their ideas on improving the industry for all those involved.
Interviewing Experts: Good morning, and thank you all for speaking with us today.
Instant Tax Solutions Reviews Team: It is absolutely our pleasure, we appreciate the opportunity.
Interviewing Experts: Let’s get started, shall we? Can you tell us why Instant Tax Solutions feels so passionately about the subject of fraudulent tax firms?
Instant Tax Solutions Reviews Team: When a tax fraud victim is scammed, it makes the industry as a whole look unreliable. This reflects poorly upon each and every hard-working tax professional across the nation.
Interviewing Experts: We have heard a lot in recent months about deceptive wording in advertising materials. Can you give us some specifics?
Instant Tax Solutions Reviews Team: Many fraudulent firms use phrases like “bailout” or “stimulus” to make the taxpayer believe the agency is working on behalf of the federal government.
Interviewing Experts: Does the government actually employ any of these agencies to help with taxpayer issues?
Instant Tax Solutions Reviews Team: No, they do not. There are no government programs operated by an independent tax attorney or agency.
Interviewing Experts: What about their advertising materials – specifically images?
Instant Tax Solutions Reviews Team: We believe that all tax agencies should be strictly prohibited from using images that allude to the connection between the US government and themselves. This would include images of the White House or any other US landmarks or government buildings.
Interviewing Experts: We have seen many logos and advertisements that look like official government correspondence. Do you believe the tax agencies should use less official looking materials?
Instant Tax Solutions Reviews Team: We certainly believe that misleading a taxpayer with visual images suggesting a connection to a government sanctioned program should be illegal.
Interviewing Experts: What about name usage?
Instant Tax Solutions Reviews Team: We believe that all advertising should feature the true and legal name of the provider.
Interviewing Experts: What other sort of misleading or false information do fraudulent tax firms use to deceive clients or prospective clients?
Instant Tax Solutions Reviews Team: They may misrepresent their ability to stop IRS collections or levies or may guarantee that they could stop wage garnishment without an actual review of the taxpayer’s information.
Interviewing Experts: Can or should tax firms tell potential clients that they can get their tax debt down to a specific dollar amount?
Instant Tax Solutions Reviews Team: We don’t believe they should be able to cite a specific dollar amount or a specific monthly payment amount. Additionally, we believe that misrepresentation of the provider’s ability to eliminate interest and penalties should be strictly regulated, monitored, and prohibited.
Interviewing Experts: Do you have any thoughts on how providers compensate their employees?
Instant Tax Solutions Reviews Team: Yes, we do not feel that employee compensation should be based solely on the number of agreements they are able to secure.
Interviewing Experts: That sounds like it could lead to sloppy work and a greater number of tax fraud victims.
Instant Tax Solutions Reviews Team: We agree.
Interviewing Experts: Do you have any suggestions as far as a provider’s right to transfer money to and from client accounts?
Instant Tax Solutions Reviews Team: This is definitely a hot topic. It is our personal belief that the client should feel safe when giving out their bank account information to a tax debt settlement company. We believe that the provider should only have access to the client’s account when issuing a refund or for the properly authorized payment of fees.
Interviewing Experts: These are all very good points. Are there any other issues that you feel need to be addressed?
Instant Tax Solutions Reviews Team: Unfortunately, yes. There are countless flaws regarding how the industry is regulated and there are far too many innocent victims who have been duped into signing agreements and paying money to firms who just walk away and offer no results.
Interviewing Experts: Can you give us a quick rundown of a few other issues that you see?
Instant Tax Solutions Reviews Team: Across the board, we feel that giving a false opinion or suggesting any illegal action should be monitored closely. We also feel that implying a working relationship with the IRS should be prohibited.
Interviewing Experts: That’s all the time we have for today. We certainly appreciate you being here with us and look forward to speaking with you in the future.
Instant Tax Solutions Reviews Team: Our pleasure. Thank you very much.
The Instant Tax Solutions Reviews Team is made up of a group of ITS employees dedicated to providing their clients with unbiased IRS information. As the nation’s premiere tax debt resolution firm, Instant Tax Solutions reviews each and every client’s specific situation to determine the best course of action to negotiate with the IRS and settle their tax problems once and for all.
Instant Tax Solutions, LLC | 1700 E. Schneidmiller Ave. Post Falls, ID 83854 | Phone: 1-888-387-4071