Optima Tax Relief Review 2020 // Are They Legit? + Costs
By Sa El
Last Updated 1/2/20
Summary: Optima Tax Relief is a reputable tax relief company that can help you reach a tax relief agreement with the IRS. Learn why they're our #1 recommended service.
How It Works
How it Works:
Optima provide quality tax relief services and protection against the IRS and state tax agencies.
Easy Steps to Start:
1. Get Your Consultation
2. Start The Investigation Phase
Initiate client protection Establish communication with IRS Review case summary options (2-4 weeks)
3. Get Your Resolution
Establish IRS compliance Achieve best resolution (3-9 months)
4. Have Your Freedom
Case Closed (Completed)
What We Like:
Helps lower your tax obligation
Starting costs are slightly high
SPEED OF SERVICE
Get relief within 6 months or less
Respond pretty quickly
Credit Knocks Overall Star Rating:
Optima Tax Relief's primary focus is tax debt relief, they are one of the best tax relief companies and if you have found yourself in a situation of owing money to the IRS then they are going to be one of the best options for helping you through the process.
However, you do need to have a large amount of debt with the IRS before Optima will take you as a customer.
I created this Optima Tax Relief Review so that you can understand how their process works, their costs, and short comings.
Who Is Optima Tax Relief?
Optima Tax Relief is a tax resolution company based in Santa Ana, California.
It was founded by Harry Langenberg and Jesse Stockwell in 2011.
The founders met each other while attending Wharton Business School and currently has a staff of 300 employees, from CPA's to Tax attorneys.
The firm is an accredited business with the BBB and has an A+ rating and they operate in all 50 states.
What Makes Them Different?
What puts Optima above the rest is their 10 defined core values that they used to develop their culture, brand, and business strategies.
These values are:
Optima Tax Relief Overview
Below is a quick breakdown of the product details for the Optima Tax Relief service:
Optima's Four Step Process For Tax Relief
Optima has a four step process for getting you free from tax debt and they are:
Step 1. Consultation - 100% Free Consultation (Today)
Step 2. Phase 1: Investigation - Initiate client protection, Establish communication with IRS, and review case summary options (2-4 weeks)
Step 3. Phase 2: Resolution - Establish IRS compliance and achieve the best resolution (3-9 months)
Step 4. Freedom - Case Closed (Completed)
How Much Does Optima Tax Relief Cost?
The cost range for the tax relief portion of Optima's services is going to run between $2,000 and $5,000 depending on your specific needs.
The initial fee to get everything started costs $495.00, this is known as the Investigation phase.
During this phase Optima will determine what steps need to be taken to get you the best deal and depending on how much work needs to be done, they give you a final quote.
Once the quote is paid in full, they will take on your case.
How much could I save with Optima Tax Relief?
When it comes to how much you could save I would say that your millage may vary because each situation is different.
However, Optima has helped some customers save tens of thousands of dollars or sometimes even receive a refund.
Just keep in mind that your situation will be unique and you should try to get the best results for you; not the results that someone else received.
Optima Tax Reviews
When it comes to service products the proof is always in the pudding and Optima Tax has a ton of proof... Good proof.
Optima Tax Relief Pros & Cons
They Handle All Paperwork
Great Customer Service
Money Back Guarantee
Pricey ($495 Initial Fee)
Must Owe at least $10,000
Success Isn't Guaranteed
Alternatives To Tax Relief
Optima Tax relief is one of the best options when it comes to getting rid of your tax debt.
However, if their services are out of your budget then you should look into the services we listed below:
You have the option to take out a personal loan and use it for pretty much anything you choose.
Using an unsecured personal loan to pay of a tax debt means that the IRS is off your back and you can now pay a set fee to your lender.
Usually with much lower interest rates.
You can check out our post on the best personal loans here.
Optima Tax Client Bill Of Rights
Having a high standard of service was essential to the team at Optima so they published their own "Client Bill Of Rights"
These guidelines are a guarantee that you will have the below experiences:
Their customer bill of rights is another reason why they get such high scores on customer service.
Optima Tax Relief's Other Services
Another amazing thing about Optima Tax is that they don't just handle tax relief, they are a one-stop shop when it comes to anything Tax related.
Check out some of the other services they offer below:
This service is offered if you are going to be facing an IRS or state collection action.
This consultation is more than just 1 simple phone call and gives you access to a team of consultants, attorneys, enrolled agents and CPA's.
If You Owe Federal Income Taxes but Cannot Pay
The team at Optima is known for their skills to negotiate with the IRS and they have licensed professionals there that specialize in helping you resolve your tax dilemmas.
Depending on your financial situation and how much you owe, you might be able to setup some sort of payment plan or reduced amount owed.
Installment Payment Agreement
Making monthly payments to settle your debt is one of the best options when it comes to dealing with tax debt.
However, while you are making payments through a payment agreement any tax refunds will be kept by the IRS to help pay your debt.
Beginning in mid-2011, tax return specialists have generally been required to take and pass a tax preparation competency test to officially become a registered tax return preparer.
Optima Tax is set up to help you with all of your tax prep needs with their huge team of preparers from CPA's and Attorneys.
Optima Tax Relief has several tax resolution programs and can get you experienced tax resolution advice.
They will offer guidance and representation needed to get through the entire process with the IRS.
Below are just some of the tax resolution options available through Optima:
If you have any questions about the IRS collection process or would like more information about how Optima can help with your IRS tax problems, get a consultation today.
Can I Cancel Optima Tax?
We know that Optima has a 15 Day money back guarantee; however, how does it actually work?
I copied the guarantee disclaimer so that we could break it down.
Optima Tax Relief, LLC ("OTR") will refund monies paid under the OTR Client Agreement within the first 15 calendar days without any penalty or obligation.
This money-back guarantee ONLY applies to the fee paid towards the Investigation Phase and NOT for those enrolled with our Immediate Action Team or those that have executed a Resolution Phase Addendum.
We do not guarantee that your tax debts will be lowered by a specific amount or percentage nor do we make any guarantees or promises about the outcome of proposed services.
The way I read this is that you have 15 days to cancel and ask for a refund and you can only get back your $495.00.
Essentially, if you decide to move forward with Optima after the Investigation Phase, trying to cancel would be pointless.
Taking Action On Your Tax Debt
Hopefully, you found this Optima Tax Relief Review helpful and feel more confident in taking the next step in eliminating your tax debt.
There is absolutely no reason to wait around because a tax debt can eventually turn into a tax lien and ruin your credit (until it's paid off).
Optima is full of people with experience who know the right numbers to call and how to deal with the IRS when it comes to clearing up a tax issue.
Going through this process alone would probably end up costing you more in the long run so get your free consultation today.
Editorial Note: The editorial content on this page is not provided or commissioned by any financial institution. Any opinions, analyses, reviews, statements or recommendations expressed in this article are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by any of these entities prior to publication.