Accurate Accounting and Tax Services

To us it means the numbers tie out. Bank and credit card accounts are reconciled, payroll matches the 941s, the balance sheet makes sense, and the return reflects what actually happened. Most IRS problems we fix started with books nobody trusted. Getting it right the first time is cheaper than fixing it after a notice arrives.

Probably, yes. We're based in Bowie, MD and work with clients across Maryland, Virginia and DC in person or by video. Many clients are farther away and we work with them fully online. Because the founder is an IRS Enrolled Agent, we can represent you before the IRS no matter which state you live in. Distance rarely matters in practice. Documents come in through secure upload, and most questions get handled on a short call.

Yes, and it's one of the most common situations we see. We figure out which years the IRS actually requires, rebuild income from transcripts and your own records, and prepare each return carefully. The order matters, since the IRS usually won't consider a payment plan or an offer until you're current on filing.

It can. When the IRS issues an installment agreement, the monthly amount is based on what you owe and sometimes on a detailed financial statement. If your books are a mess, that statement is a guess, and guesses get challenged. Clean numbers let us propose a payment you can actually keep, which is the whole point.

Often. First Time Abate relief is available to many taxpayers with a clean recent history, and reasonable cause relief can apply when something outside your control got in the way, like a serious illness or a disaster. Keep in mind that removing a penalty doesn't erase the tax itself, and some interest stays too.

Yes. Government contractors live and die by the accuracy of their books. We set up charts of accounts that separate direct and indirect costs, build indirect rate pools, get timekeeping in shape for a DCAA review, and prepare incurred cost submissions. We work in Deltek Costpoint, Unanet and QuickBooks Online.

Currently Not Collectible status tells the IRS to pause collection because paying would leave you unable to cover basic living or operating costs. You'll need to back that up with a full financial picture. Interest and penalties still build while you're in CNC, and the IRS can review your situation later, so it's a breathing space rather than a final answer. We use it when it truly fits, not as a way to put off a real plan.

Unpaid Form 941 deposits are serious because the IRS can assess the Trust Fund Recovery Penalty against the people responsible for paying them, personally. We look at which quarters are open, get filings current, and work out a resolution before collection escalates. Then we fix whatever caused the gap, whether that's cash flow or a payroll process. Sometimes the fix involves our fractional CFO service.