Professional Tax & Consulting Services

You're taxed on profit, not on what you bill. Federal income tax is figured on net income after business expenses, then shaped by filing status, deductions and credits. On top of that, self employed consultants owe self employment tax for Social Security and Medicare, and state or local tax depends on where you live and work. Good books and quarterly estimated payments keep April from being a shock. If you're earning well, an S corporation election is worth a conversation.

First, find out the real number. Pull the IRS transcripts, check which returns are missing, and separate tax from penalties and interest. Then look at what fits: paying in full, an installment agreement, an Offer in Compromise, penalty abatement, or Currently Not Collectible status if you truly can't pay right now. Each depends on your income, assets and expenses. Whatever you choose, the IRS will expect current year filings and payments to stay on track.

Yes. The founder is an Enrolled Agent, a credential the U.S. Treasury grants that comes with unlimited practice rights before the IRS. After you sign Form 2848, we can speak with IRS employees for you in audits, collection cases and appeals, request your records, and submit documents on your behalf.

Waiting usually makes it worse. The IRS can prepare a substitute return using only the income reported to it, and that version won't include your deductions or credits. Filing accurate late returns replaces that estimate with the real figure and is usually required before the IRS will discuss a payment plan or other relief. We plan the order of those filings with the rest of your case.

In many cases. First Time Abate relief is available to taxpayers with a clean penalty history for the three prior years. Reasonable cause relief covers situations like a serious illness, a death in the family, a natural disaster or lost records that genuinely kept you from complying. Either way, the request has to be documented and explained clearly. The IRS won't do it on its own.

Beyond tax problems, a lot of our consulting work is financial. Established companies bring us in as a fractional CFO for cash planning, budgeting, forecasting and lender or investor reporting. Government contractors use us for GovCon accounting: DCAA ready systems, FAR and CAS compliance, indirect rates and incurred cost submissions in Costpoint, Unanet or QuickBooks Online. Some clients start with an IRS issue and stay for the CFO help.

Don't wait for the next paycheck to shrink. Gather the levy notice and any earlier IRS letters, plus recent bank statements and pay stubs. Common ways out include showing financial hardship, filing missing returns, setting up a payment arrangement, or requesting a release when the facts meet IRS criteria. With representation in place, the IRS gets complete financial information quickly, which is often what moves a release forward.

It's an IRS program that lets some taxpayers settle for less than the full balance. The IRS calculates your reasonable collection potential, which is roughly what it could collect from your assets plus your future disposable income. If the offer reflects that number and you're current on filings and required deposits, it may be accepted. We run that calculation first, so you aren't paying the application fee for an offer with no realistic chance.