Pay What You Owe….Not a Penny More
Tax Practice Areas
Federal and State corporate taxes Is a complicated process. Our Corporate Tax Preparation services provides authoritative guidance in navigating the confusing maze of federal and state corporate legislation, rulings and bulletins. We are professionals and we’re here to assist you.
Preparing your own 1040 Tax Preparation can be a task that leaves you with more questions than answers. According to a study released by the US Government’s General Accounting Office last year, most taxpayers (77% of 71 million taxpayers) believe they benefited from using an Accountant.
Corporate Tax Planning
Corporate Tax Planning is a complex. Making sure that you have the right people in place and are employing the efficient processes and up-to-date technologies to effectively manage you tax obligations is not easy. Where do you begin? Most would say tax reduction, but that is a hot button issue.
We provide IRS & State Audit Representation Services. Do Not represent yourself in an IRS audit, no matter how simple it may seem. Even if you honestly believe you filled your entire tax return out correctly, meeting with the IRS can be a very intimidating experience and you don’t know the tax code.
Don't Over Pay
IRS Tax Liens
IRS Tax Liens give the IRS a legal claim to your property as security or payment for your tax debt. A IRS Tax Liens Notice of Federal Tax Lien may be filed only after: IRS assess the liability; IRS sends you a Notice and Demand for Payment – a bill that tells you how much you owe in taxes; and You neglect or refuse to fully pay the debt within 10 days after we notify you about it.
Know The Law
LLC vs Corp
Limited liability company LLC, commonly called an “LLC,” is a business structure that is similar to a corporation, but it’s a partnership. Unlike a corporation, the limited liability company LLC itself is not a separate taxable entity. This means that if the business owes money or faces a lawsuit for some other reason, only the assets of the business itself are at risk. Creditors usually can’t reach the personal assets of the LLC owners, such as a house or car. (However, both LLC owners and corporate shareholders can lose this protection by acting illegally, unethically, or irresponsibly.)
Turning Losses into Refunds
Turning a loss into a Tax Refund from recently net loss can be as easy as using your (NOL) carryback allowances. These provisions address the fact that, although a net loss may appear in only one tax year, it represents weaknesses that may have arisen over years in which their effect was temporarily masked by favorable income opportunities. This allows you to net out.
Offer in Compromise
An Offer in Compromise is an agreement between a taxpayer and the Internal Revenue Service that settles the taxpayer’s tax liabilities for less than the full amount owed. Absent special circumstances, an Offer in Compromise will not be accepted if the IRS believes that the liability can be paid in full as a lump sum or through a payment agreement.
Don't Pay a Penny More Than You Have To
We provide professional tax services for small businesses nationwide. Clean up your books & get your accounting up to date. 1st month of service free, book now. Call Our Expert Team. Free Consultation. 30 Years Proven Expertise. 786-250-4450