Services
If you’re looking for a firm that will focus on your individual needs, and always treat you like a client who matters, look no further. Our firm is large enough to offer a full range of professional services, but small enough to give you the individual attention that you deserve.
We will thoroughly and conscientiously study your personal situation, and tailor our advice to your specific needs.
Amended Tax Returns
Amended returns allow tax filers to correct errors made on IRS tax returns. Such errors include changing filing status, over or under-reported income or incorrect deductions and credits. Math errors or omitted schedules do not require an amended return as the IRS processing center often corrects these errors on the original return. The Internal Revenue Service allows tax returns to be amended up to three years following the date the original return was filed or two years subsequent to the date the tax was paid. Amended returns are filed using Form 1040X for returns originally filed using Form 1040, Form 1040A, Form 1040EZ, Form 1040NR, or Form 1040NR-EZ.
Bookkeeping/Write-Up
If your business does not currently have accounting staff or if your business is outgrowing its current bookkeeping system, we can provide comprehensive bookkeeping and write-up services to ensure the smooth operation of the financial side of your business. As your business needs grow and change, we can provide input and planning assistance to make sure your accounting and financial systems keep pace with your business needs.
Business Entity Selection
The business entity—LLP, LLC, sole proprietorship, partnership, corporation, etc.— that you select for your business has enormous financial and tax implications. It is important that you make the right decision. We can explain each choice and its implications. As your business grows and changes, the type of business entity you choose may need to change also.
Debt Resolution through Offers in Compromise
An offer in compromise allows you to settle your tax debt for less than the full amount you owe. It may be a legitimate option if you can’t pay your full tax liability, or doing so creates a financial hardship. We consider your unique set of facts and circumstances such as: ability to pay; income; expenses and asset equity. Before we can consider your offer, you must be current with all filing and payment requirements. You are not eligible if you are in an open bankruptcy proceeding.
Electronic filing of all Federal and State returns with direct deposit of refunds or scheduled electronic payment of balance due
Federal/State e-file allows the electronic filing of both Federal and state income tax returns at the same time. The electronic filing software places your Federal and state return data in separate packets. These packets are transmitted to the IRS in one taxpayer “envelope.” The IRS functions as an electronic post office for the participant state, who receives and processes the state electronic return. Federal tax payments can be made via electronic funds withdrawal or credit card. Most states are accepting electronic funds withdrawal and credit card payments, but federal and state payments are not combined.
Estate and Trust Tax Preparation
Estate matters affect everyone. By taking proactive steps today, you can ease the way for your heirs during a very difficult time. We can work with your legal counsel to help you to structure your estate and trusts to minimize taxes and ensure the smooth transition to your heirs. We are available to handle all estate and trust tax-related matters.
IRS Representation
An IRS audit can be an intimidating and complex process. If you or your business face an IRS audit, we can bring to bear years of experience in dealing with tax matters and IRS audit procedures to ensure that you are properly represented when dealing with the IRS and other tax authorities.
ITIN
Pursuant to a written agreement with the IRS, we are authorized to assist individuals and other foreign persons who do not qualify for a Social Security but who still needs an Individual Taxpayer Identification Number (ITIN). This applies to H1, H4, L1 and F1 visa holders
Not-For-Profit Organizations (990’s)
The Internal Revenue Service requires that all corporations in the United States file an income tax return, this includes non-profit corporations. Form 990 is the tax return form that non-profits use to report their charitable receipts for the year. A form 990 is to be used by any 501(c) organization. The IRS also has variations of form 990 such as 990-EZ based on the complexity and size of the charitable organization and their donations for the year.
Notary
A notary public can help you to handle various business matters, including witnessing and authenticating document execution and signatures. We offer Notary Public services and are available when you need us.
Payroll Services
Constantly changing federal, state and local laws and tax regulations make payroll management an ongoing challenge for business owners. Our payroll services professionals are well versed on these laws and regulations. We can proactively alert you to material changes that will affect your business and your employees while also keeping payroll running smoothly no matter how large your business and your employee population become.
Retirement Planning
Retirement planning is critical in these uncertain times. Whether you are developing a retirement plan for yourself or choosing a retirement plan to offer to your employees, we can help you evaluate the available options. Our focus is on helping you to make the choice that is most appropriate for your own financial situation. If you are choosing a retirement plan for your business, we will base our recommendations on the unique characteristics of your business and your employee population, as well as the legal and compliance issues related to each type of plan.
Sales Tax Services
State and local tax authorities are looking to maximize sales tax collections. We can help you understand and manage your sales tax obligations and prepare sales tax returns in an efficient and timely manner.
Tax Preparation & Planning
Effective tax preparation and planning can help you to minimize your future tax liability. We can help you proactively manage both your personal and your business tax issues, including understanding how upcoming business opportunities impact your tax status and vice versa. Not all tax planning opportunities are readily apparent. By having us on your team, you are more likely to benefit from those opportunities. We understand how the latest federal, state and local tax legislation and other developments affect you and your business and we are constantly identifying new ways to reduce federal, state or local tax liabilities.