THANK YOU. These companies are driving me crazy. I've already talked to someone that got charged $21k due to a 15% contingency fee. I gave them a copy of Circular 230 and the form for abusive tax preparation.
Some questions for you: I had one of these companies do my ERC filing. They charged me 25%. The checks were supposed to be mailed to a 3rd party lock box, but somehow the company failed to fill out the paper work correctly, and the IRS sent the refund checks directly to me. After I hired the company and they amended my 941's, I found out that what they were charging me was illegal. Then, to my surprise, I received all of the refund checks in the mail, sent directly to me. As a result, they were not able to deduct their contingency fee. I want to pay them what's fair, but I refuse to pay 25% (even though I signed a contract stating I would do so), because I know what they did was illegal. Have you heard about this happening to anyone else? What fee do you believe is fair for something like this?
THANK YOU. These companies are driving me crazy. I've already talked to someone that got charged $21k due to a 15% contingency fee. I gave them a copy of Circular 230 and the form for abusive tax preparation.
Can you share link where the rules are with the irs?
Some questions for you: I had one of these companies do my ERC filing. They charged me 25%. The checks were supposed to be mailed to a 3rd party lock box, but somehow the company failed to fill out the paper work correctly, and the IRS sent the refund checks directly to me. After I hired the company and they amended my 941's, I found out that what they were charging me was illegal. Then, to my surprise, I received all of the refund checks in the mail, sent directly to me. As a result, they were not able to deduct their contingency fee.
I want to pay them what's fair, but I refuse to pay 25% (even though I signed a contract stating I would do so), because I know what they did was illegal. Have you heard about this happening to anyone else? What fee do you believe is fair for something like this?