Tax Services

Contact us for tax services! Nobody likes to think about taxes. However, as that dreaded day approaches each year, they’re difficult not to think about. Tax rules and regulations are complicated and frequently changing, which is why it is advantageous to have trusted tax professionals on your side. Sure, you could do it alone, but having the knowledge and guidance of a tax expert can save your tax bill.

Tax Preparation

Complete tax services for businesses and individuals include:

  • Preparation of business returns: Form 1065, Form 1120, Form 1120S Form 1041 Form 990
  • Income tax preparation for individuals
  • Sales Tax
  • Estate and Trust Tax Preparation
  • Non Profit Tax Preparation
  • Tax Resolution
  • Payment Plan
  • Offer and Compromise
  • Back Tax Filings
  • Penalty Abatement

Our expert tax services include:

  • Tax Return Double Check—Your tax return will be thoroughly reviewed by our advanced tax software in order to find and correct any problem areas well before they get to the IRS.

In addition, our team gives you ways to save more money, such as:

  • Showing you how to adjust your payroll withholdings to get more money back every week.
  • Identifying deductions you may have overlooked that will limit your tax liability for next year.

No matter how complicated your taxes may seem, we handle all tax preparation with a thorough evaluation.

Back Tax Returns

Let us file your back tax returns and sleep well tonight!

If you have unfiled tax returns let us help you!

The IRS may send you a notice requesting that you file a delinquent tax return. They may take several years to inform you that they haven’t yet received your tax return. The IRS will eventually notice that you haven’t filed a tax return and will pursue you for any associated back taxes.

You may be tempted to ignore your unfiled returns, hoping to fly under the radar and escape the IRS’s notice. This is a risky choice. Failing to address your tax problem can result in serious consequences, including:

  • Potential criminal charges
  • Difficulty obtaining a job
  • Civil penalties
  • Wage and Social Security garnishment
  • A “Substitute for Return” filed by the IRS
  • Tax collection enforcement
  • Tax Liens
  • Bank account levies
  • You and your dependents will be ineligible for student loans
  • Difficulty obtaining credit to refinance a home or obtain new credit

Let us give you the peace of mind you deserve by helping you get in compliance. If you voluntarily file your delinquent returns, you’ll likely avoid further problems. Start the process to obtain peace and harmony by filing your returns. If you wait for the IRS to file your returns for you, they are filed in the best interest of the government. Not what you want!

The IRS will not entertain any type of tax settlement until you have filed all required tax returns. Once your returns are current, we can look at your total owed and help you create a plan of action to remedy the situation.

Payroll Tax Options

The IRS views failing to pay payroll taxes as the cardinal sin of tax delinquency because a large portion of the payroll taxes are your employees’ withholdings.

Not paying your company’s payroll taxes is equivalent to stealing your employees’ money in the eyes of the IRS. If the IRS even senses that you are trying to avoid taxes by failing to pay payroll taxes, not only will the IRS impose expensive penalties and interest fees, but you could also be charged with a federal crime. Unpaid payroll taxes, therefore, could cause a business owner to lose his or her freedom and could completely close down a business. This means it should be an employer’s primary responsibility to collect federal taxes and the employee portion of Federal Insurance Contributions Act tax and pass this money on to the IRS. Because it is considered a trust tax, the IRS views non-payment of payroll taxes as theft, and the IRS notice process will be accelerated. As a result, penalties for failing to pay your payroll taxes and filing your payroll tax returns on time are much more severe than other types of penalties. They can drastically multiply the amount you owe in a very short time.

The IRS is extremely aggressive pursuing collection of this type of tax. They would rather seize your business assets, close you down, sell your assets at auction, and put you out of business than allow you to continue amassing additional payroll tax liabilities.

If you owe payroll taxes to the IRS, the agency can come after your business assets and your personal assets. A Trust Fund Recovery Penalty (TFRP) is a civil penalty assessed by the IRS against a party, or parties, deemed responsible and willful for not turning over certain employment (payroll) taxes to the government in the form of payroll tax deposits. These taxes are commonly known as trust fund taxes, because employers are required to hold the taxes “in trust” until they are turned over to the IRS. The total unpaid trust fund taxes of a corporation or LLC can be converted to a TFRP against one or more parties (usually the business owners), at  which time a business tax liability becomes a personal tax liability of the responsible party. After this occurs, the IRS will begin the collection process against the individual taxpayer.

If you are behind on payroll taxes, it is imperative that you get the help of a professional who understands tax law and the way the IRS operates. The way you handle your initial contact with the IRS can make or break your chances of staying in business. DO NOT meet with the IRS on your own. How you answer their initial questions can determine whether you stay in business or not. It is critical you hire a professional representative who knows how the IRS operates.

If you have payroll tax problems, there are solutions available to you! We have helped business owners resolve their tax debt problems and protect their businesses. We know how important your business is to your income and your livelihood.  Creating a solution for your payroll tax problem shouldn’t just be about helping you avoid the IRS; it should be about saving your company from being seized. Most importantly, it’s about safeguarding your freedom.

We help our clients by assessing their current situation and helping them find answers that will best preserve their ability to stay in business. If you are delinquent on payroll taxes, contact us today!

Still have questions

Give us a call at (256)-489-1478

or send us a message