Tax Services

Tax law is a complicated affair that changes with each season. Through rigorous professional training and routine participation in industry briefings, we sustain mastery of the current tax law, complex tax code, and new tax regulations. This discipline enables us to offer a full range of tax planning, preparation, and support services.

Tax Preparation

Are you anxious about filing your own tax returns? Even a simple return may require multiple forms. The instructions often evoke more questions than answers. While a computer software program may help, there’s no substitute for the quality of service and advice you’ll receive from an experienced tax professional.

Here are a few of the benefits you’ll reap when using our service:

  • We’ll ask questions to identify situations which impact your tax filing. We’ll use our expertise to determine the proper tax treatment of unusual transactions and life events.

  • We’ll interview you to find income, deductions and credits you may miss on your own.

  • We’ll identify situations which may require filings in additional states, or other types of filings such as the FBAR.

  • We’ll e-file all returns which can be submitted electronically.

  • We’ll help you understand any correspondence the taxing authorities send you in response to your filings.

Tax Planning

"Planning can be the key between stress and success."

Life events can trigger tax consequences. Understanding the impact of these events ahead of time can prepare you for the year’s tax bill and help you keep that bill as low as legally permissible. If you are getting married, buying a rental property, selling an inherited family home, exercising stock options, retiring, or starting a business, planning can be the key between stress and success.

Regardless of whether you’ve planned for this event, or it has come up unexpectedly, preparing for the tax impact early can help you minimize unexpected tax liabilities, and plan to pay the taxes owed in a timely manner. If the impact is minimal, or reduces your tax burden, knowing that in advance will help you make the best use of your money rather than overpaying and waiting for a refund months later.

Your unique circumstances will determine the strategies that we can employ to maximize the money you keep in your pocket.

IRS Audit Representation

If you have been selected for an IRS audit, professional representation can set your mind at ease. We’ll take the lead in dealing with the tax authorities based on our familiarity with their procedures and our intimate knowledge of the tax code. We’ll make sure that you don’t get an unpleasant and unwarranted surprise at the end of the process.

Tax Problems

Even if you have not been targeted for an IRS Audit, you may be aware of problems that will catch up with you eventually. Common examples include:

  • Missed tax filings for one or more years,

  • Mistakes on previously filed returns,

  • Garnishments and levies,

  • Failure to file and/or remit payroll taxes when due, and

  • Inability to pay taxes owed after job loss, illness or other situations.

We’ll work with you to review your prior tax years and make sure that all of your tax filings have been submitted accurately. If you don’t know what’s included in your tax record, we’ll help you get transcripts from the tax authorities without raising any “red flags.” We’ll complete missed and amended returns and estimate how much you owe once penalties and interest are included. Then, we’ll work with you on an approach to negotiation. For example:

  • We can help settle your tax debt for less than the full amount owed if the tax authority deems your offer to be the most they might collect within a reasonable time period. This arrangement is referred to as an Offer in Compromise.

  • We can work with the tax authority on a payment plan to resolve your debt. This approach protects you from asset seizure while providing time to settle your obligations. It may be possible to lower the cost of penalties and interest which continue to accrue until you pay off your balance.

  • The IRS provides Innocent Spouse Relief for an aggrieved party when his or her spouse or former spouse failed to report income, reported income improperly, or claimed improper deductions or credit on a joint return.

It is far better to face your problems than to wait for them to land on your doorstep. We’re here to help in any way we can.