When you work with us, you’ll know we care, because we have skin in the game too
Traditionally, tax service providers performed work on a fee-for-service payment model. Some continue this practice today. Because of this history, you may believe that service providers who work on a contingent-fee model are untrustworthy, or worse–unlawful.
This is not the case. Contingent fees are not only legal, they also decrease risk and drive positive results for clients. When you buy prepackaged, processed food at the supermarket, you expect to pay a consistent price and receive a consistent product. Tax services are not like that.
Your business and finances are unique, like fresh produce at a farmer’s market. Because of its unique attributes, fresh produce is priced according to the value it delivers to the shopper. We believe it is more fair to price our tax services like fresh produce. After all, we wouldn’t charge you anything for a rotten apple…but we would ask for a slice of the biggest watermelon from our crop!
Contingent fees are legal
Some believe that charging contingent fees for tax services is illegal. That belief is partly due to IRS Circular 230, which prohibits contingent fees as they relate to any matter before the IRS, except in some circumstances.
We are a team of tax experts with over a century of collective experience. We understand and practice the standards and best practices outlined by Circular 230 to the maximum extent possible. However, when it comes to the question of contingent fees, we respect the authority of federal courts, who have repeatedly ruled against the disallowance of this fee structure for tax services. See Ridgeley v. Lew and Loving v. IRS for full federal rulings on this matter.
What this means for you is that you have nothing to worry about when it comes to the legality of paying Arvo a contingent fee for our services.
Contingent fees decrease risk
Business owners and decision makers understand that paying for a service without a guaranteed return on investment includes risk. Some businesses are able to account for high levels of risk as part of their financial plan; some are not. Regardless of your risk tolerance, it is always advisable to pursue strategies that lower risk.
Our contingent fee structure makes this possible. By not charging you until and unless you generate profits through our services, we eliminate the possibility of no or low return on investment.
As a small business ourselves, we personally understand the value and importance of this fee structure for our clients.
Contingent fees get results
Although it’s undeniably great for our clients, our contingent fee structure isn’t a charity we offer out of the kindness of our hearts. It’s also a powerful motivator for our team, from top to bottom, to continuously strive to get the most for our clients.
We believe doing business in this way creates win-win relationships. After all, wouldn’t you work harder if you knew you’d be rewarded for doing so? We know you would, because we do every day.
Let’s start now
If you’re investigating our fee structure, that probably means you’re wondering if our Work Opportunity Tax Credit (WOTC) solutions are worth it.
They are. We’ve helped hundreds of businesses claim nearly $700 million in employment tax credits, including the WOTC. Our technology solutions lead the tax credit industry, and our customer service is unparalleled. When you consider that our fee structure is 100% contingent, why would you wait to get started?
Whether you’re brand new to WOTC, or ready to improve your WOTC profits by 2-3x, Arvo is the right choice.