Individual Tax Preparation

As your trusted advisors, we evaluate your individual tax situation and guide you through any tax challenges that develop. Our goal is to minimize your tax liability so that you can keep more of your hard-earned money.

It's also our job to stay up-to-date on current federal and state tax laws through continuing education and we use our in-depth knowledge of tax codes when we prepare your individual tax returns -- so you don’t miss out on any tax credits and deductions that you are entitled to take.

Here's what else we do for you:

• Prepare accurate tax      returns that are filed on time
• Calculate estimated      taxes for self-employed small business owners
• Develop tax planning      strategies that reflect individual financial goals
• Electronic filing and      direct deposit for a faster tax refund
• File extensions and      calculate the estimated tax to avoid interest and penalties

If you need a fast, accurate tax professional to prepare your tax return this year give us a call today or fill out the contact form below.

As a business owner, you’re busy developing new products or services and making sure your business runs smoothly. You probably don’t have time to reconcile your bank account or generate balance sheets to manage your cash flow, let alone read up on the latest tax laws to find out which tax breaks you can take advantage of.

When you first started out, and money was tight, the do-it-yourself method of accounting might have worked just fine. But now that you have employees, pay estimated taxes, and need to manage your cash flow better, it’s time to find a trusted advisor to partner with all year long--not just at tax time.

Here is what we do for you:

• State and federal income tax preparation and filing
• Local and state sales tax compliance
• State and federal payroll tax
• Minimize tax liability through the use of proven tax planning strategies
• Profit and loss statements
• Mergers and Acquisitions
• Entity selection and structure (S-Corp, C-Corp, LLC)

The IRS, as well as state and local governments, impose strict deadlines for business tax obligations. Missing these tax deadlines and failing to comply with payroll and sales taxes negatively impacts your bottom line and may result in fines for non-compliance.

As your trusted advisor, we make sure you stay on top of your tax obligations and avoid penalties and fees that reduce your profitability.

To find out how our team of experienced tax and accounting professionals can help your small business achieve success call us today or use the contact form below.

Many people feel like their tax bill is too high. Maybe you do too. The good news is that it doesn’t have to be. When you work with an accounting firm like ours, we make your financial success a priority.

There is more to preparing your taxes than simply filling out forms at tax time. It's also about understanding our clients’ needs and helping them plan for a secure future.

Here’s how we do it:

• Based on careful analysis of your tax situation we make sure you take every tax credit and deduction you deserve on your tax return.
• We help you set up a      recordkeeping system that meets IRS requirements.
• We work with you all year long--not just at tax time to develop tax planning strategies that lower your tax bill.
• We review and adjust your paycheck withholding so that it accurately reflects your tax situation and lets you keep more of your money (why give the IRS a free loan?).
• We help you understand how to defer tax liabilities through pension plans, retirement contributions, and similar plans.
• We make sure you take advantage of certain investments to produce tax-exempt income (federal or state or both).
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If you feel like too much of your hard-earned money goes straight to the IRS instead of your bank account, then we can help.

Simply fill out the form below or give us a call. It's that easy!

Estate and trust tax preparation and planning are an important part of managing your financial future -- and it’s not just for the one percent; it’s important for everyone -- especially if you have a spouse or children or own a business.

As your trusted advisor, we help you develop an estate and trust plan that protects wealth and minimizes the tax burden on you and your loved ones.

Protecting your assets is critical to ensure financial security for your loved ones and we know that estate planning and trust tax return preparation is not easy, often requiring specialized knowledge and expertise.

Our tax and accounting professionals have many years of experience helping clients just like you. We work closely with investment advisors, attorneys, and other financial professionals so that we are able to develop a long-term estate plan that meets the individual needs of every client. We also stay current on tax law changes that affect estate and tax trust preparation.

• Allocating assets to spouses, children, trusts, and charities
• Reviewing your estate plan and trust tax situation to ensure financial goals are met
• Gift tax returns and strategies
• Business succession planning
• Trust administration
• Trust income tax returns
• Estate tax returns

Preparing income tax returns for trusts and estates can be complicated and if you haven’t developed an estate plan it’s not too late.

Contact us today by filling out the form below. You'll be glad you did.

Have you ever received a letter or notice from the IRS, ignored it, and now you owe penalties and fines on top of the taxes you already owe?  

You’re not alone.

Millions of taxpayers receive letters or notices from the IRS every year. Most of the time there’s nothing to worry about. But sometimes there is. Maybe you owe the IRS back taxes or failed to file a tax return because you owed the IRS money that you knew you didn’t have. Maybe you were recently divorced, and your tax situation seemed too complicated to figure out. Or, perhaps you were just too busy to bother filing.

Whatever the reason, if the IRS has caught up to you and is demanding payment, the next step is likely to be garnishing your wages, putting a lien on your home, or a levy on your bank account. The worst thing you can do is keep ignoring the situation because it won’t be going away -- ever -- unless you take action.

We understand how the IRS works and what it takes to successfully mediate a solution on your behalf whether it's filing a past due return, minimizing back tax debt and any penalties or fines, or submitting an offer in compromise.

Our friendly, knowledgeable tax professionals are experts at what they do and are here to help you resolve the following tax problems:

• IRS Audit
• Back Taxes
• Delinquent Tax Returns
• Failure to File a Tax      Return
• IRS Liens & Levies
• Wage Garnishment

If you owe the IRS money and are wondering what your options are, contact us today or click on any of the links below to learn more about our tax relief services and how we can help.

IRS Audit Representation
Rarely do our clients have to talk with the IRS. We handle it all for you so that you do need not to take time off of your job to handle the bureaucracy and paperwork of the IRS.

Non-Filed Tax Returns
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 tax returns?

Back Taxes Owed
It's amazing how fast tax penalties and interest add up. Luckily, we offer several options when it comes to resolving unpaid taxes. Complete this form to get a Free Consultation with our tax specialist.

Payroll Tax Problems
The IRS views failing to pay payroll taxes as the cardinal sin of tax delinquency because a large portion of the payroll taxes you pay as an employer are your employees' tax withholdings.

IRS Liens
 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.

IRS Levies
 We are often able to get levies released and help you get out of a terrible situation.

IRS Wage Garnishment
 The payment plan negotiated by us is always more favorable than any IRS wage garnishment. It allows you to receive your whole paycheck without fears of future wage garnishments.

IRS Seizures
 An IRS seizure should not be taken lightly. The IRS will ultimately pursue the seizure of your physical assets; your home, cars, boats, jewelry,   motorcycles, insurance policies, and even your retirement funds.

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.

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?

Bankruptcy
 Your back taxes, interest, and penalties can be wiped out by filing bankruptcy. If you qualify, bankruptcy can be the best solution to resolve your crushing tax problems.

Innocent Spouse Relief
 Innocent Spouse Relief was designed to alleviate unjust situations where one spouse was clearly the victim of fraud perpetrated by their spouse or ex-spouse.

Get Your IRS File
 Most people would be surprised to learn how much the IRS knows about them.   Obtaining a copy of your IRS file is critical in analyzing the options available to resolve your tax problems.

With the IRS auditing less than one percent of tax returns in recent years, you may be thinking it can’t happen to you. But you could be wrong. Especially if you have a lot of business expenses, your tax return is complicated, or you’re in a higher income bracket.

The good news is that nearly 75 percent of those audits are notices or letters sent by the IRS requesting additional information or clarification. The rest are actual field audits.

While you may be tempted to respond to a letter or notice from the IRS, it’s not always a good idea even if you have a firm grasp of tax law. Because as friendly as IRS auditors might seem, they represent the IRS -- not you.

Sure, taxpayers can and do prevail during IRS audits, but without an experienced tax professional on your side, it’s less likely that it will happen...and you just might end up owing the IRS money instead of getting a refund.

When you hire us to represent you during an audit, here’s what we do for you:

• Take care of all audit correspondence
• Make sure you take the steps needed to minimize your tax liability
• Handle all discussions with auditors to reduce the risk of additional liability
• Appeal a decision, if necessary
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The importance of being represented by a qualified tax professional during an IRS or State tax audit or tax dispute cannot be stressed enough.

If you’ve received a letter or notice from the IRS or are involved in a tax dispute with the IRS, call us today or submit the contact form below. We’re here to help.

Most taxpayers file their tax returns on time, but sometimes they just stop filing altogether. Usually, this is due to a change in circumstances such as financial or emotional hardship.

Or, maybe they’ve misplaced the paperwork needed to file their return or were overwhelmed by the complexity of the new tax reform laws and just didn’t get around to filing this year. Whatever the reason, failing to take action only makes a bad situation worse. 

According to IRS estimates, more than one million taxpayers fail to file their tax returns in any given year. Whether you file as an individual, or head of household, are self-employed, or file a business or corporate tax return, if you’re one of them, we can help.

Here’s what we do for you:

• Reconstruct tax records if you’ve misplaced these documents
• Prepare and submit non-filed tax returns
• Negotiate with the IRS on your behalf
• Submit an offer in compromise to the IRS
• Arrange installment agreements with the IRS to pay back taxes owed
• Represent you throughout the tax preparation and collection process

Whether it’s been one year or ten since you stopped filing your tax returns, it’s not too late. If you don’t owe any tax, you might be due a refund. If you do owe tax, then you might be able to minimize the amount you owe.

Not everyone needs to file a tax return, but if you do -- and haven’t -- you could be liable for failure to file penalties or worse, spend a year in jail. Why take a chance?

If you are one of the more than one million taxpayers who haven’t filed a tax return recently, call the office to set up an appointment with a tax specialist or fill out the contact form below.

You have filed your returns but didn't have the money to pay what was owed. You may think, "Oh well---I will catch up next year." Before you know it, you find yourself several years in arrears and suddenly there is a notice from the IRS, stating that you owe three or four times the original amount.

It's truly amazing how fast tax penalties and interest add up. Now you have a choice, you can write a big fat check and pay the full amount, including interest and penalties. Or you can just keep ignoring them while the penalties and interest keep piling up.

The IRS views failing to pay payroll taxes as the cardinal sin of tax delinquency because a large portion of the payroll taxes you pay are your employees' withholdings. Not paying your company's payroll taxes is tantamount to stealing your employees' money in the eyes of the IRS.

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.

If you are behind on paying payroll taxes for your company, WATCH OUT!!! The IRS is extremely aggressive in pursuing the 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 are behind on your payroll taxes, 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.

When your taxes are not paid the IRS establishes a lien against all of your assets (especially real estate). This gives the IRS the legal right to collect taxes from the sale of your assets, which includes just about everything you own.

The lien can be against you, your spouse, or your company. A lien against your company would seize your accounts receivables. At this point, everything you own is just one short step away from becoming the property of the United States Government.

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 a car. Think about paying 18-22% interest on a car that is already too expensive. You definitely cannot buy or sell any real estate. The list is endless.

Now it's Payday. Expecting a check, you open the envelope and find that the IRS has taken most of your money. What's left is not enough to pay the rent, car payment, buy groceries, or pay the rest of the bills. This action will continue on every check due you until the tax owed is paid in full.

Now you're in big financial trouble. No matter how hard you plead with your employer they cannot give you your money. Once a wage garnishment is filed with your employer, your employer is required by law to collect a large percentage of each of your paychecks.

We are regularly retained to negotiate the release of IRS wage garnishments by arranging a payment plan. The payment plan negotiated by us is always more favorable than any IRS wage garnishment. It allows you to receive your whole paycheck without fears of future wage garnishments.

Unlike the levy, which involves intangible assets such as your bank account, a seizure is the taking of physical assets, such as your home or car. Seizures usually happen in aggravated cases when someone ignores many requests by the IRS over a long period of time to pay their outstanding taxes.

A seizure should not be taken lightly. The IRS will ultimately pursue the seizure of your physical assets. Don't think they won't. Many a newspaper or television show has reported citizens being forced out of their homes after it was sold at an IRS auction, often for as little as half its value.

When the IRS seizes your assets they want to quickly sell them at auction. They often get less than half your assets value, so they often seize everything you own including your home, cars, boats, jewelry, motorcycles, insurance policies, and even your retirement funds.

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 the debt off. You are required by law to pay the interest on your tax debt.

Did you know that you can settle your debt with the IRS for less than the full amount you owe 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 7122).

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.

Your back taxes, interest, and penalties can be wiped out by filing bankruptcy. If you qualify, bankruptcy can be the best solution to resolve your crushing tax problems.

Unfortunately, not everyone qualifies to wipe out their tax debt in bankruptcy. Certain rules have to be met first. If you file bankruptcy and don't meet the rules, the IRS will still be in hot pursuit after your bankruptcy is over. Proper pre-bankruptcy planning is key to determining if bankruptcy is or can be a viable solution.

Did you know that you can get out of the tax debt due to the misdeeds or fraud committed by your spouse? Innocent Spouse Relief was designed to alleviate unjust situations where one spouse was clearly the victim of fraud perpetrated by their spouse or ex-spouse.

Most people would be surprised to learn how much the IRS knows about them. Obtaining a copy of your IRS file is critical in analyzing the options available to resolve your tax problems.

Requesting copies of your IRS file is best done by a professional who understands how to obtain them without raising any red flags as well as how to interpret the information in your file.