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Ultimate Tax Assessment – Options for Severe IRS Tax Points


The tax decision trade has a fame for sketchy, even predatory conduct. By the point you’re tens of hundreds of {dollars} in debt to the IRS, you’re prepared to imagine pie-in-the-sky guarantees of quick, painless fixes to wipe out most or all of what you owe.

I’ve spent the higher a part of a decade protecting tax decision corporations. Imagine me once I say that these guarantees virtually by no means pan out. Most tax decision corporations are completely satisfied to take your cash, make some noise within the IRS’s normal path, after which depart you to type out your tax points by yourself.

Ultimate Tax is totally different. Its in-house tax attorneys and CPAs can’t work miracles with the IRS — nobody can — however they don’t faux to both. When you’ve got severe earnings tax points, it’s best to severely think about working with them. 

What Is Ultimate Tax?

Ultimate Tax is a tax decision firm that helps people and companies take care of the IRS and resolve tax issues. It has been in enterprise since 2010 and operates in 48 states. It’s sometimes referenced by its full identify — Ultimate Tax Answer — however extra typically as simply “Ultimate Tax.”

Ultimate Tax gives a spread of tax decision providers. Its in-house tax attorneys and IRS negotiation specialists assist purchasers take care of IRS actions like:

Ultimate Tax communicates with the IRS on purchasers’ behalf. It helps purchasers arrange and handle IRS cost plans, put together and file amended tax returns, and file beforehand unfiled returns. It additionally affords longer-term Safety Plans that bundle tax decision providers with ongoing tax help and monitoring, together with current-year tax return preparation and submitting for people and companies.

Ultimate Tax’s decision providers are personalised to every consumer, and so is its pricing. Ultimate Tax doesn’t cost flat or fastened charges for its providers. Your price is dependent upon how advanced your state of affairs is and the way a lot work it takes to resolve. You received’t discover a tax decision service menu with set costs on its web site. Some verified buyer critiques declare that Ultimate Tax charged them rather more than anticipated for its work.

Ultimate Tax is clear about the price of its ongoing Safety Plans, nevertheless. Relying in your plan, anticipate to pay anyplace from $39 monthly to $150 monthly. Safety Plans include discounted tax decision providers if and when wanted, however Ultimate Tax doesn’t say how a lot you save on tax decision as a plan member.


How Ultimate Tax Stacks Up

Ultimate Tax is a complete tax decision supplier that gives ongoing help for particular person and company taxpayers. But it surely doesn’t have the trade all to its personal. Earlier than signing up with Ultimate Tax, see the way it stacks as much as a widely known competitor: Neighborhood Tax

Ultimate Tax Neighborhood Tax
Minimal Enrolled Debt $10,000, however much less on a case-by-case foundation $7,500 to $10,000
IRS Installment Agreements Sure Sure
IRS Recent Begin Sure Sure
Ongoing Safety Plans Sure, 4 plans from $39/mo Sure, one plan for $39/mo
Tax Prep and Submitting Sure Sure
Audit Protection Sure Not marketed

What Units Ultimate Tax Aside?

Not like extra transactional tax decision companies, Ultimate Tax is a relationship-based firm that’s simple to get in with and comfy to work with for months and even years on finish. See what units it other than the competitors.

  • Each New Consumer Will get a Free Session. Each new Ultimate Tax consumer will get a free session. Through the session, an Ultimate Tax worker critiques data you offered on-line, goes over your tax state of affairs with you in additional element, and determines whether or not you’re an excellent match to work with the corporate. Many rivals cost for preliminary consultations — typically at lots of of {dollars} per hour.
  • Simple On-line Inquiry Course of. One of the best a part of Ultimate Tax’s web site — which isn’t excellent general — is the web inquiry device. It’s tremendous easy to make use of, doesn’t require any tax information, and takes only a few minutes to finish.
  • Complete Tax Safety Plans. Along with personalised tax decision providers, Ultimate Tax affords 4 totally different long-term safety plans with clear pricing. Every bundles a complete array of tax providers, together with tax preparation and submitting, audit protection, and steadiness monitoring. Many smaller tax decision outfits don’t.

Benefits of Ultimate Tax

Ultimate Tax is extra skilled and customer-friendly than many tax decision corporations. Sure, your particular person outcomes could range and Ultimate Tax is cautious to not promise particular outcomes, however you may really feel assured going into the connection. And that’s greater than you may say for some rivals.

  • Prices Nothing to Get Began (Or Resolve You Don’t Need to Proceed). Ultimate Tax doesn’t cost on your preliminary session. You received’t need to pay something to search out out what Ultimate Tax can do for you. And when you resolve it’s not going to work out, you received’t be any poorer for it.
  • Educated Employees. Ultimate Tax’s employees consists of tax attorneys, non-attorney tax consultants, enrolled brokers (tax prep specialists), and case managers. All know federal tax points by and thru.
  • Lengthy Monitor File of Profitable Tax Resolutions. Ultimate Tax has been in enterprise for greater than a decade. It’s not a fly-by-night tax decision firm — it has an extended report of success and lots of of constructive critiques to show it.
  • Large Array of Tax Providers. Ultimate Tax does greater than negotiate with the IRS in your behalf or defend you in opposition to a full IRS audit. Its workforce helps you monitor your tax state of affairs, file current-year and past-year tax returns, and make sure you keep present on present and future IRS cost plans. And it really works with each people and companies.

Disadvantages of Ultimate Tax

There’s at all times room for enchancment. For instance, I’d wish to see Ultimate Tax spend money on a greater expertise for potential customers, which might imply revamping its complicated web site and being extra clear about how a lot its tax decision providers price. 

  • Tax Decision Pricing Is Not Clear. Questioning how a lot you’ll spend for tax decision with Ultimate Tax? You received’t discover particular greenback figures or perhaps a normal vary on its web site. Ultimate Tax makes clear that you simply pay based mostly on how advanced your state of affairs is, however some upfront steering could be good. 
  • Safety Plans Might Not Be Needed. Ultimate Tax’s long-term Safety Plans price anyplace from about $40 to properly over $100 monthly. Though they do bundle probably beneficial and time-consuming providers like tax prep and submitting, they embody few if any duties you may’t do your self. Sure, even when you’re not a tax skilled.
  • Complicated Web site. Past the clear, user-friendly inquiry portal, Ultimate Tax’s web site is disappointing. The navigation is complicated, many pages are loaded with dense and poorly written textual content, and the ratio of helpful to not helpful data is low. 

Ultimate Tax Decision Providers

At its core, Ultimate Tax is a tax decision firm. It exists to assist individuals and small companies who owe the IRS appreciable sums or are going through IRS audits.

These are the primary tax decision providers Ultimate Tax affords, plus extra element on what precisely you get once you join considered one of its long-term Safety Plans. Be aware that Ultimate Tax can’t assure that it’ll resolve your tax issues favorably — solely that its workforce will do every part of their energy to assist.

Dealing With Tax Levies and Liens

If you happen to’ve acquired discover of a tax lien from the IRS, Ultimate Tax will help. A lien is a declare in opposition to property that you simply personal that the IRS information once you owe unpaid taxes. The IRS can file liens in opposition to:

  • Actual property you personal
  • Checking account and different monetary accounts you management
  • Autos you personal
  • Enterprise belongings, if the taxes are owed by your enterprise
  • Different beneficial property that the IRS is aware of about, similar to boats and leisure autos

When coping with tax liens in opposition to purchasers who can’t pay their tax steadiness in full, Ultimate Tax negotiates with the IRS to do one of many following:

  • Discharge the lien, which often occurs once you promote the property however may occur if the property isn’t value as a lot because the IRS thinks
  • Subordinate the lien, or cut back its precedence in order that different collectors have first declare to your property
  • Withdraw the lien, which may occur if the lien wasn’t filed correctly or when you’ve arrange a cost plan with the IRS

An IRS tax levy is extra severe and pressing. It means the IRS is definitely transferring to grab property or belongings to cowl your tax money owed. Ultimate Tax can’t at all times cease asset seizure, however it could actually negotiate with the IRS to scale back your steadiness owed and show you how to recuperate a number of the proceeds.

Resolving Wage Garnishment 

In sure circumstances, the IRS can garnish your wages to cowl unpaid tax money owed. This implies the IRS takes a portion of every paycheck you obtain, which may severely squeeze your price range.

If the IRS is taking a few of your paycheck, Ultimate Tax works to restrict what the IRS can take and ultimately cease the method. Relying in your state of affairs, it might:

  • Attempt to negotiate an offer-in-compromise, the place you pay lower than the total quantity the IRS claims you owe
  • Attempt to qualify you for currently-not-collectible (CNC) standing resulting from monetary hardship, which delays IRS assortment actions
  • Arrange an IRS cost plan, referred to as an Installment Settlement or IA, with a manageable month-to-month cost to pay down your tax burden

Responding to Tax Notices

Ultimate Tax will help you overview, perceive, and reply to tax notices from the IRS. 

Receiving an unfamiliar letter from the IRS IS not by itself a motive to rent Ultimate Tax. Many notices aren’t pressing and don’t imply you owe the IRS cash. Verify the IRS’s web site first. It has explainers on many of the notices the company sends, and sometimes you’ll discover a easy reply to your query there. You may as well name the IRS to ask a stay individual for clarification.

If you’re involved a couple of explicit discover, you may arrange a free session with an Ultimate Tax rep to debate it. If you happen to’d like Ultimate Tax to symbolize you in your dealings with the IRS, they’ll reply to the discover in your behalf and handle future communications with the company, at all times holding you within the loop.

Assist Qualifying for the IRS Recent Begin Program

Launched in 2011, the IRS Recent Begin Program makes it simpler for individuals who owe again taxes to settle their debt for lower than they owe. It loosened the beforehand strict necessities for offer-in-compromise settlements in order that many extra taxpayers qualify.

Nonetheless, the method of qualifying for the Recent Begin Program and establishing an offer-in-compromise is complicated for nonexperts. Ultimate Tax focuses on qualifying taxpayers for Recent Begin, brokering a compromise, and serving to them keep present on any cost plan that comes out of it.

Making ready and Amending Tax Returns

Ultimate Tax affords earnings tax preparation providers for current-year tax returns, together with amended returns and return extensions. Ultimate Tax can deal with private and enterprise tax returns, regardless of how difficult.

Not like on-line tax prep providers that require you to fill out every part your self, Ultimate Tax is hands-on. Its workforce of CPA and enrolled brokers take the monetary data you present, full your return, ship it again to you for overview, after which file it with the IRS and any state tax authorities you owe cash to.

Submitting Previous-12 months Tax Returns

Submitting prior-year tax returns is commonly vital to handle outdated tax liabilities and settle up with the IRS. Some on-line tax prep software program packages and impartial CPAs can’t assist with prior-year returns, however Ultimate Tax does — so if you must file a number of years of again taxes, get in contact.

IRS Audit Response and Protection

Ultimate Tax will help you reply to IRS audit notices and defend you when you’re topic to a full audit. 

Remember that many “audits” require little motion in your finish. The IRS merely adjusts your tax return, and when you agree with the brand new quantity owed, you ship them cost to settle the matter. 

It’s extra invasive “bookkeeping audits” the place the IRS calls for proof of earnings, liabilities, and different data that impacts your tax legal responsibility that Ultimate Tax can actually assist with.

Lengthy-Time period Safety Plans

Ultimate Tax affords 4 long-term Safety Plans that bundle a spread of providers right into a single fixed-fee package deal.

You don’t must be an present tax decision consumer to join a Safety Plan. Nevertheless, if the necessity arises, every plan comes with discounted decision providers. Ultimate Tax doesn’t say how a lot you save with this low cost, however any financial savings is healthier than none.

Safety Plans price between $39 monthly and $150 monthly, relying on which you choose. The comparability chart under reveals most of what you get with every, however you may see the total listing of providers on the Ultimate Tax Safety Plans web page.


Extra Options of Ultimate Tax

Ultimate Tax has a couple of different options value noting. See under for extra details about its preliminary utility and onboarding workflow, and for particulars of the important thing accreditations and memberships that make it extra legit than the standard tax decision firm.

Simple On-line Inquiry Software

Ultimate Tax’s on-line inquiry workflow is the perfect a part of its web site by a mile. It received’t get you all the way in which to a contractual relationship with Ultimate Tax — you must speak to an on-staff professional for that — however it’s a important first step within the course of. 

If you happen to’ve utilized for a mortgage or bank card on-line earlier than, the device ought to really feel acquainted. It’s a step-by-step expertise that makes use of dropdown menus and easy type fields that can assist you reply:

  • The tax problem or points you need assistance with
  • About how a lot the IRS says you owe
  • What number of years of again taxes you need assistance with
  • Whether or not you’re being audited
  • Different necessary particulars about your tax state of affairs

When you’ve accomplished the workflow, you’re in Ultimate Tax’s system, and you’ll anticipate a member of the workforce to succeed in out to you to debate your case in additional element. Bear in mind, that preliminary session is free.

In fact, you too can name Ultimate Tax instantly at (888) 720-0442 or e mail customercare@idealtax.com. However finishing the workflow offers you a head begin and takes only a few minutes.

Client Watchdog Accreditations

Ultimate Tax is accredited or endorsed by a number of client watchdog organizations and pro-consumer teams. Probably the most notable are:

  • The Higher Enterprise Bureau, the place Ultimate Tax has an ‘A’ score
  • Client Affairs, a pro-consumer group that charges and critiques for-profit companies
  • The Enterprise Client Alliance, a commerce group that promotes moral enterprise practices

Skilled Group Memberships

Ultimate Tax additionally belongs to 2 skilled organizations instantly related to what it does:

  • The Nationwide Affiliation of Tax Professionals, which helps and gives persevering with schooling for U.S.-based tax preparers, attorneys, decision specialists, and others
  • The American Bar Affiliation, a widely known skilled affiliation for U.S.-based legal professionals, together with tax legal professionals


Is Ultimate Tax Legit?

Sure, Ultimate Tax is legit. It’s not a rip-off. Over 12 years in enterprise, the Ultimate Tax workforce has helped hundreds of taxpayers resolve their tax issues with the IRS. The corporate is licensed in 48 states — practically your entire nation.

Ultimate Tax is a member of a number of pro-consumer organizations too:

  • The Higher Enterprise Bureau — Ultimate Tax has an ‘A’ score from the BBB, signifying widespread buyer satisfaction
  • The Enterprise Client Alliance, which helps would-be clients consider corporations for high quality and honesty
  • Greatest Firm — Ultimate Tax is a Prime 10 ranked firm with Greatest Firm

And Ultimate Tax has lots of of four- and five-star Google critiques from glad clients. Not each Ultimate Tax buyer has their tax issues resolved to their satisfaction, after all, however Ultimate Tax doesn’t declare to be excellent — simply higher than the options, doing nothing, or making an attempt to take care of the IRS your self.


Alternate options to Think about

Unsure Ultimate Tax is your best option on your tax aid wants? Think about these options, every with its personal clear strengths.

Product Service Greatest for
Precision Tax Aid Greatest for clear pricing 
Fortress Tax Aid Greatest for hourly service (good for individuals with bigger money owed)
CommunityTax Greatest for smaller tax money owed
Anthem Tax Providers Greatest money-back assure with no time restrict

Last Phrase

Ultimate Tax has loads of advantages for individuals and small companies battling tax issues. 

It affords a complete vary of tax decision providers. Though probably pricey, its 4 Safety Plans assist busy individuals handle their tax obligations, cost plans, and communications with the IRS. It has an extended report of success. And it prices nothing to talk with an Ultimate Tax rep to see if it’s an excellent match.

Ultimate Tax isn’t excellent, although. Its web site is complicated, even overwhelming. Its tax decision pricing isn’t clear, and a few previous purchasers complain that they paid greater than anticipated. And except for discounted tax decision providers, its Safety Plans are primarily about saving time — if in case you have the boldness to take care of the IRS your self, navigate the large world of tax deductions, and put together and file your individual taxes, you may not want one.

So, do you have to work with Ultimate Tax? Solely you may reply that query for positive — however it received’t harm to get in contact and study extra.

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