Tax Preparation Whether we
like it or not, today's tax laws are so
complicated that filing a relatively simple return
can be time consuming and 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 accountant.
Here's what your
- Your tax return will be prepared by an experienced tax
professional and then rechecked by our computer software
identifying potential problems the IRS may look at more
closely and reviewing the math to limit IRS contacts.
- If you choose your tax return can be filed electronically
so you will get a refund back quicker.
- We will show you how to adjust your payroll withholding
to get more money back each week. Why give the IRS an
interest free loan till the time you file your return.
- We will show you potential deductions to limit your tax
liability for next year.
- Books in disarray: Not a Problem!
- If you own a small business and have not kept your books
in order, don't worry. We can help you. We'll prepare
your books for the year, prepare a full Schedule C, as well
as prepare your personal income tax return. Then we'll
guide you how to maiitain your books in tip-top shape for the
- Planning is the key to successfully and legally reducing
your tax liability. We meet with our clients in the month of
December to discuss their upcoming taxes and do the tax
planning by recommending tax saving strategies to maximize
after –tax income.
- We make it a priority to enhance our knowledge of the
current tax law, complex tax code, and new tax regulations by
attending tax seminars.
We make sure businesses and individuals pay the lowest
amount of taxes allowable by law because we continually
look for ways to minimize their taxes throughout the year,
not just at the end of the year.
We recommend Tax Saving Strategies that help our clients
- Defer income so you can keep your money now and pay less
- Reduce taxes on your income.
- Reduce taxes on your estate.
- Reduce taxes on your investments
- Reduce taxes on your retirement distributions.
Here are some Tax Saving
- Splitting income among several family members or legal
entities in order to get more of the income taxed in lower
- Shifting income or expenses from one year to another in
order to have them fall where it will be taxed at a lower
- Deferring tax liabilities through certain investment
choices such as pension plans, contributions and other
- Using certain investments to produce income that is tax
exempt from either federal or state or both taxing entities.
- Remember, we work for you not for the IRS. Many of our
clients save many times the fee in reduced tax liability
through careful planning and legitimate tax strategies.
Are you having problems with the
- We're here to help you resolve your tax problems and
put an end to the misery that the IRS can put you through. We
pride ourselves on being very efficient, affordable, and of
course, extremely discrete. The IRS problems will not just go
away by themselves; they just keep getting worse with
penalties and interest being added each day.
If you owe the IRS, you have a very serious problem. It may
take the IRS several years to catch up to you, but
they're relentless and have no mercy in collecting all
the money that is owed. When the collection process starts,
they'll make your life miserable and literally ruin all
aspects of your life.
- IRS Audit Representation
- Nothing strikes fear in the hearts of people more than
receiving an IRS Audit letter in the mail. Audits take
significant time away from your business and family,
requiring you to gather mounds of records substantiating each
and every item reported on your tax return.
- The IRS leaves no stone unturned in its mission to
determine the accuracy of your tax return. If you don't
comply with the Auditors' wishes, the IRS will
recalculate your tax and send you home with a hefty tax
Many taxpayers decide to handle a tax audit themselves, and
discover they may have been "penny wise,"
avoiding a representative's fee, but "pound
foolish," because they received a substantial bill for
a significant tax deficiency.
- You see, IRS Auditors are trained to extract more
information from you than you have a legal obligation to
provide. IRS Auditors know that most people fear them and are
ignorant of their rights. As a result, they know they can use
that fear and ignorance to their advantage.
- Haven't filed your tax returns for years?
- Every day the computers at IRS center are getting more
sophisticated, it's just a matter of time before they
catch up with you.
- Failing to file your tax returns is a criminal 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 potentially losing your freedom for failing to file your
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 returns you'll likely avoid further
problems other than having to pay the interest and
- 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
- Federal Tax Liens can really make your life miserable!
When your taxes are not paid the IRS establishes a lien
against all of your assets . This gives the IRS the legal
right to collect taxes from the sale of your assets, which
includes just about everything you own.
Liens filed against you by the IRS also show up on your
credit report and often prevent you from opening a checking
account or borrowing against any assets, like your home.
The banks don't want the extra work when the IRS comes
in to take your money.
- With a Federal Tax lien on your record you can't get
a reasonable loan to purchase anything and you end up paying
higher interest rate to acquire any assets.
Offer In Compromise:
- Did you know that you can settle your debt with the IRS
for just pennies on the dollar with their Offer in Compromise
program? The program allows taxpayers to settle with the IRS
on tax debt that has been incorrectly assessed or for
liabilities they cannot afford to pay.
- The IRS Code states: "We will accept an Offer in
Compromise when it is unlikely that we can collect the full
amount owed and the amount you offer reasonably reflects the
collection potential..." (Internal Revenue Code section
- Often it is possible to fully and completely eliminate
the taxes you owe - including all penalties and interest - at
an enormous discount. There is no preset bottom limit that
the IRS will accept to settle your debt especially if your
offer is done "right."
If done correctly your debt may be settled for only 5-15%
of what you presently owe. The key is to determine the
least amount that the IRS will accept from you before you
make the offer.
- Payment Plan
- If you are not eligible for offer in Compromise
program, then you can request for a payment plan.
- Penalties and interest will continue to accrue on
your outstanding balances as you keep paying off the