SERVICES

Offers in Compromise

An offer in compromise is when you owe a large amount of money but are unable to pay. The IRS looks at each offer on a case by case basis and may accept your offer, thereby substantially reducing or eliminating your debt. 

In general, if you owe the IRS more than $10,000 then an offer in compromise may be right for you. 

Give us a call to receive a free evaluation to see how we can help.

Tax Preparation

We specialize on the following:

1040-Individual Returns

1120- C Corporations

1120S- S Corporations

1065- Partnerships

and LLC’s

Amendments

If you find a mistake or believe that there has been a mistake on your originally filed taxes, we can help you make it right. 

Understand that amending tax returns is important to ensure that you do not overpay and maintain accurate records with Federal and State Tax agencies. 

Give us a call for an evaluation of your taxes to see if amending is right for you.

Prior Tax Returns

If you are not in compliance with your tax returns, we can help by filing prior returns. 

 

Important notes: 

  • If your are filing taxes that are older than 3 tax years, you may not be able to receive a refund even if a refund is due. 
  • You have not paid your tax liability and have a balance, filing accurate taxes can reduce or eliminate the debt. 
  • Understand that every case is different and your outcome can only be determined by calling and making an appointment with one of our tax experts. 

 

Real Estate Financial Planning

If your either selling or buying real estate, then your taxes play a very important role. 

  • Selling: There are credits that apply so that some if not all of your financial gain is TAX FREE income to you. 
  • Buying: Accurate tax returns will allow your mortgage lender to qualify you for the correct loan amount and can even help qualify you for federal and state programs. 

In either case we can help. 

Tax Planning

Most people wait until tax time to get their paperwork in order. The key to get the best income tax results is to plan ahead. 

Prepare for your taxes as your business progresses so that you are not faced with an unpleasant surprise come tax season. There are many things you can do to legally reduce your tax liability, it is on a case by case basis and no two situations are exactly the same. 

 

Give us a call to discuss Tax planning options.