Tax Preparers in Cabot, AR

The basic job is collecting your income and deduction records, working out what has to be reported, and preparing and filing your federal and Arkansas returns correctly. For clients with a business, late years, back taxes or IRS notices, it goes further: we check prior years, look at what the IRS already has on file, and make sure this year's return fits whatever resolution plan you need.

Yes. Our founder is an IRS Enrolled Agent with unlimited practice rights before the IRS, licensed by the U.S. Treasury. That covers letters, audits, collection cases and appeals, in Arkansas or anywhere else. Many preparers can only fill out the return; if the IRS questions it, you're on your own. With us, the person who prepared it can also defend it.

Your ID, last year's federal and Arkansas returns, W-2s, 1099s, any 1098 mortgage statements, bank and investment tax forms, and records for deductions. Self employed or own a business? Add your profit and loss report, payroll records, big equipment purchases and estimated payments. Got IRS letters or skipped years? Bring all of it. It's easier to plan when nothing is hidden.

Sure. We find every missing year, request your wage and income transcripts from the IRS, rebuild what we can from your records, and check whether balances or collection notices are already in play. Getting those returns filed is typically required before the IRS will approve a payment plan, penalty relief or an Offer in Compromise, so it's the natural first step.

A single current year return with everything in hand is quick. A catch up covering several years, with transcripts to request and records to piece together, takes longer. If there's an IRS balance afterward, the resolution adds its own time, because IRS processing times are outside anyone's control. We'll give you a realistic schedule once we see what's involved.

We can check whether you qualify for First Time Abate relief or reasonable cause relief and file the request with the documentation behind it. Your filing and payment history matters, and so does the reason things went wrong. Interest is set by law and seldom comes off, except where it was charged on a penalty that gets removed, but cutting the penalties can still make a real dent.

Call right away. A levy on your paycheck or bank account is serious, but it's usually fixable once the IRS sees a real plan. We contact the IRS for you, confirm the balance and which years are open, and propose the option your numbers support, such as a payment plan or hardship status. Bring the levy notice, recent pay stubs, your monthly bills and your filing history.

It depends on the work. One current year return costs far less than three late years plus a payment plan, an audit, or an offer. We'll look at your situation first, explain the scope and quote it before anything starts.