Accounting Company Serving the United States

An accounting company keeps your financial records in order and turns them into something useful: clean books, accurate returns, reports a lender or auditor can rely on, and advice on what the numbers mean. Firms differ a lot in focus. Assured Financial Services concentrates on the harder end of the work, which means government contractors who need DCAA ready books, growing companies that want CFO level guidance without a full time hire, and people or businesses with an IRS problem that needs resolving.

Start with fit, not price. A contractor billing the federal government needs a provider who knows timekeeping rules, indirect rates and Costpoint or Unanet. A cross border business needs someone comfortable with FBAR and foreign reporting. Ask who will actually touch your file, where the work is done, and how often you'll get reports. At AFS the founder leads each engagement and every task stays with our own U.S. team, never sent offshore.

Yes. Enrolled Agents are licensed by the U.S. Treasury and hold unlimited practice rights before the IRS, so our founder can sign a Form 2848 and deal with the IRS for you on audits, collection, appeals and payment arrangements, in any state.

Pull together every notice you've received, figure out which years are involved, and check whether any returns are still missing. Then call before the deadline on the most recent letter. Interest keeps running, and a CP504 or Letter 1058 means levy action is getting close. Once we see the full balance and your finances, we can weigh an installment agreement, an Offer in Compromise, penalty abatement or Currently Not Collectible status, depending on what you actually qualify for.

An Offer in Compromise lets some taxpayers settle for less than the full balance. The IRS compares what you owe against your reasonable collection potential, which is built from your income, allowable expenses, equity in assets and future earning ability. You have to be current on filings, and the paperwork (Form 656 plus Form 433 A or 433 B) is detailed. We test the numbers first, because many people don't qualify and are better served by another option.

They can, once the IRS has sent the required notices, including the final notice of intent to levy. A wage levy takes part of every paycheck, and a bank levy freezes the account for 21 days before the funds go to the IRS. Moving quickly matters. We contact the IRS, look at whether a release, a payment plan or hardship status fits, and work to get the levy lifted.

Missing returns block most relief options, and the IRS may file a substitute return for you that ignores deductions and credits you're entitled to. Getting the late returns done is usually step one. We prepare them with the bigger picture in mind, since the result of each return changes the balance and the resolution plan that follows.

Yes, though it shouldn't wait. Unpaid Form 941 deposits pile up penalties quickly, and the Trust Fund Recovery Penalty can make owners and other responsible people personally liable. We reconcile the filings and deposits, review the company's cash position, answer the IRS, and set up a plan that keeps current deposits on schedule while the old balance is handled.