Tax Preparation Services in Gainesville, FL

Start with last year's return, then W-2s, 1099s and any K-1s, brokerage statements, records of business income and expenses, receipts for deductions you plan to claim, and every IRS letter you've received. Rental owners should add rent and expense records for each property. If years were skipped, bring whatever you have for each one, even if it's incomplete. We can fill gaps with IRS transcripts.

Yes. Enrolled Agents are licensed by the U.S. Treasury specifically for tax work, and they can also represent you before the IRS on any federal tax issue. That's handy: if a return we prepare later draws a notice, an audit or a balance you can't pay, you don't need to find someone new. The founder can step in with a signed Form 2848.

Penalties and interest keep building, and eventually the IRS may file a substitute return for you using only the income it has on record. That version ignores your deductions and credits, so it almost always overstates the bill. Collection can follow. Filing your own accurate returns stops the bleeding and is usually required before the IRS will approve a payment plan or offer.

Yes. Once the return is done and we know the real number, we look at what you can actually pay and match that to an IRS program: an installment agreement, Currently Not Collectible status if money is truly tight, penalty abatement, or an Offer in Compromise if you qualify. Which one fits depends on your finances and where the account sits in collection.

Under its usual enforcement policy, the IRS asks for the last six years of returns to consider you back in compliance, though it can ask for more in some cases. The right number depends on your history, so we start by pulling your wage and income transcripts and checking for notices before deciding which years to prepare.

Often. First Time Abate relief can remove failure to file and failure to pay penalties for one year if your prior three years were clean. Reasonable cause relief covers situations like a serious illness or a disaster, as long as you can document it. Relief doesn't erase the tax itself, but on a late return the penalties can be a large share of the total.

A single year with organized records goes quickly. Several late years, a small business, rental properties or missing documents take longer, especially if we need to request transcripts from the IRS. The fastest cases are the ones where clients answer questions and send records promptly.

Both. Business clients come to us with overdue entity returns, payroll tax problems, IRS balances and books that need a careful look. Because our founder's background is in corporate finance and government contracting, we also help Gainesville companies that sell to federal or state agencies keep their accounting audit ready, and we can act as a fractional CFO when a growing business needs more financial leadership.