Tax Accounting and Preparation Services Expertise

Pretty much any federal tax problem: back taxes, unfiled returns, audits and appeals, penalty abatement, installment agreements, levies and garnishments, payroll tax trouble, and Offers in Compromise. We start by reading your IRS transcripts, notices, and records, check that your filings are current, and look at your finances. Then we pick the resolution route that fits and do the talking with the IRS.

Yes, both. Late returns matter more than people think, because if you don't file, the IRS may create a substitute return that skips your deductions, credits, and business expenses. We prepare past due individual and business returns, show you how each one changes the balance, and, if money is still owed afterward, fold the filings into an IRS resolution plan.

It's a formal payment plan for a federal tax bill you can't pay in one shot. To get one that holds, your returns need to be filed, the monthly amount has to be affordable, and for larger balances the IRS will want full financial disclosure. We compare the plan types available, prepare the financial information, and negotiate terms that match your real budget.

Often it is. First Time Abate relief and reasonable cause relief are the usual routes, and there are other programs for specific situations. The answer turns on your compliance history, the kind of penalty, and what you can document. We check eligibility, write a detailed request, and put forward the strongest honest case for cutting or removing the penalties that qualify.

Move quickly, because levies hit household budgets and business payroll hard, and the response windows are short. Gather the IRS notice, the affected account details, your income records, and copies of recent returns. We'll contact the IRS, figure out what triggered the action, and push for a release through a payment plan, hardship status, or another route.

Yes, and it's worth acting early. Missed payroll deposits and unpaid Form 941 balances can lead to aggressive collection and the Trust Fund Recovery Penalty, which can make owners and officers personally liable. We review the payroll tax history, find the filing and deposit gaps, organize the records, and work toward a resolution that covers both the company's balance and any personal exposure. Then we tighten the accounting so deposits stay on schedule.

Taxpayers whose income, expenses, and assets show they realistically can't pay the full balance within the collection period. The IRS also requires all returns filed and estimated payments current. We run the pre qualification numbers first, prepare the financial documentation if an offer makes sense, submit it, and manage the case until the IRS decides.

Because the return is only as good as the books behind it. Tax accounting keeps income, expenses, payroll, and asset records accurate during the year, so preparation is quick and the numbers hold up if the IRS asks questions. If there's already an IRS problem, resolution usually starts with getting returns current, then moves to a payment plan, penalty relief, or settlement. For government contractors, the same books also have to satisfy DCAA, so we handle both at once.