Services
Taxes—Problems and Preparation
TAX PROBLEMS
Non-Filed Tax Returns
Everyday the massive computer center at the IRS is getting more sophisticated, it’s just a matter of time before they catch up with you.
This is not a situation to take lightly, failing to file your tax returns is acriminal offense. If you do not file, you can be prosecuted and punished with potential jail time, one year for each year not filed. Why risk potentiallylosing your freedom for failing to file your tax returns?
Let us give you the peace of mind you deserve by helping you get in compliance with the law. If you voluntarily file your delinquent tax returns, you’ll likely avoid further problems other than having to pay the interest and penalties.
If you wait for the IRS to file your returns for you, they are filed in the best interest of the government, usually with little or none of the deductions you are entitled to.
Before anything can be done to extract you from this predicament all the returns must be filed. You must be current. In most cases, you will likely owe taxes, interest, and penalties after the returns are filed. If this is the case, we could work with the IRS for a payment plan.
IRS Payment Plan
If you don’t qualify for the IRS Offer “In Compromise Program”, a Payment Plan may be the way to resolve your problem. Setting up a payment plan with the IRS gives you a little more time to pay off your tax debts.
Unfortunately, penalties and interest will continue to be charged on your outstanding balance as you pay off the debt.
You are required by law to pay the interest on your tax debt.
The good news is that in some cases we can help to get your tax penalties removed. Please complete the form below to get a free consultation with our Tax Specialist.
TAX PREPARATION
Preparing your own income tax return can be a task that leaves youwith more questions than answers. According to a study released by the US Government’s GeneralAccounting Office, most taxpayers (77% of 71 million taxpayers) believe theybenefited from using a professional tax preparer.
Whether we like it or not, today’s tax laws are so complicated that filing a relatively simple return can be confusing. It is just too easy to overlook deductions and credits to which you are entitled. Even if you use a computer software program there’s no substitute for the assistance of an experienced tax professional.
Here’s what you get…
- Your tax return will be checked and rechecked by our computer software identifying potential problems the IRS may look at more closely and reviewing the math to limit IRS contacts.
- Your tax return can be filed electronically so you will get a refund back quicker.
- Our staff will show you how to adjust your payroll withholding to get more money back each week. Why give the IRS an interest free loan for up to 16 months. We will show you potential deductions to limit your tax liability for next year. In addition, we will give you a sheet of commonly overlooked deductions to limit the following year’s tax liability.
