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.
IRS Representation for Tax Audit, Collections, and Appeals
Representation before the Internal Revenue Service is our fundamental and core professional services we offer. We specialized in IRS representation for matters of Income Tax Examination, Collections, and Appeals.
You may have noticed that our Enrolled Agent uses the designation “NTPI Fellow®.” This designation is evidence of significant expertise in the representation of taxpayers before the IRS.
NTPI Fellows have completed a stringent, three-level program of study that covers all facets of representing clients before the IRS. They have learned to guide their clients through the often challenging maze of IRS codes, internal regulations and agency structure.
Our Tax Practice can help you with any of the following topics of IRS Representation:
- Communicating with the IRS
- Tax Research and Resources
- Criminal Investigation
- Form 1040 Audits
- Innocent Spouse
- Freedom of Information Act
- Case Resolutions
- Trust Fund Recovery
- Liens and Levies
- Correcting Bad Actions of Clients
Representation for Tax Audit
Income Tax Returns are selected for examination for many reasons and it doesn’t necessarily mean that you have done something wrong, and it is most likely that your tax return was selected by a systematic way to verify income, expenses or other type of deductions as part of the IRS compliance procedures.
We are ready to represent you or your business before the Internal Revenue Service in case that your individual or business income tax return is selected for Examination (commonly known as tax audits).
Other type of Examinations (office or field): Payroll, Worker Classification, Estate and Trusts.
If you have received a letter from the IRS other State tax agency, and you determine that you need sufficient representation, you must call us now and schedule an appointment. You are just a phone call away from receiving professional representation services.
Representation for Collections:
The initial step in the collection process is for the IRS to establish an “account receivable” in the taxpayer’s name by assessing the taxpayer’s liability. The assessment step is vital because the IRS cannot collect the unsatisfied portion of the assessment by administrative means until the IRS demands payment, which in turn cannot be done until a proper assessment has been made. If all or part of the assessed amount remains unpaid, one or more of the collection actions will be taken.
The procedure for collecting delinquent taxes involves several phases. The first phase consists of a series of computer-generated notices sent to the delinquent taxpayer from the IRS Campuses. Cases not settled during the notice phase are processed through the Automated Collection System or are forwarded to a Revenue Officer in the local IRS Compliance Office who contacts the taxpayer to resolve the matter.
We are ready to represent you before the IRS Collections systems and we are ready to help you find a reasonable resolution. If you are an individual, business, a church, a ministry, a nonprofit organization and you owe money to the IRS, you must find a resolution. We can help you find a reasonable resolution.
Call us; we are ready to help.
Representation for Appeals:
Generally, the Appeals Office has jurisdiction to determine liability for all federal income, estate, gift, employment, and excise taxes, as well as liability for any additions to tax, additional amounts and penalties under Chapter 68 [Reg. 601.106(a)(1)(ii)]. On the other hand, it lacks jurisdiction with respect to alcohol, tobacco, or firearms taxes [Reg. 601.106(a)(3)]. Appeals jurisdiction is limited in cases already docketed before the Tax Court, civil fraud penalty cases, criminal fraud cases, and many types of bankruptcy cases [Reg. 601.106(a)(2)].
Appeals responsibility includes, but is not limited to, the following types of cases (IRM 18.104.22.168):
• Income, estate, gift, employment, and excise taxes;
• collection due process and collection appeals program;
• offers in compromise;
• penalty appeals;
• abatement of interest;
• administrative costs under IRC Sec. 7430;
• jeopardy levies;
• refund claims, including Joint Committee cases; and
• recommendations concerning settlement offers in refund suits
While settlement authority is extremely broad and the Appeals Officer’s intent is to settle cases without litigation, settlement is not automatic.
Income Tax Preparation & Planning for Individuals and Businesses
Our experienced team can develop tax strategies that take advantage of the new and complicated tax laws and legislation. We offer tax services for the following entities:
- Self- employed
- Sole Proprietorship
- Corporations [C & S]
Estate & 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.
Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis and are the foundation of a successful business. Our qualified staff can assist you with the day-to-day tasks associated with bookkeeping.
Bookkeeping is the recording of financial transactions. Transactions include sales, purchases, income, receipts and payments by an individual or organization.
Bookkeeping for the businesses have special considerations; the most important aspect is to understand that bookkeeping is fundamental to tax and accounting (accrual or cash basis).
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.
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.
Financial statements are an important tool for management decision making. Financial statements also represent your business to lenders, partners, potential buyers and other interested parties. We will work closely with your key personnel to develop and finalize accurate and timely financial statements.
When a business is able to undertake strong financial analysis, it opens up new opportunities to improve management, planning and decision making. Financial analysis provides the numbers to support, reject or contemplate a course of action. Prospective analysis can show how situations may evolve under various scenarios, providing a new dimension to decision making. We are ready to provide this type of financial analysis to support the continue prosperity of your business.
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.
Accounting Software Selection & Implementation
There is no shortage of accounting software solutions for your business. Software as a service (SaaS), cloud computing, and other technological innovations are adding more dimensions to technology decisions. Choosing the right solution that will meet the needs of your business now and in the future while also providing a necessary level of security is crucial. We can analyze the nature of your business and financial transactions, current technology, future business plans and emerging needs to identify and implement a software solution that is flexible enough to grow and change with your business.
As a true business partner, we are available to help you deal with any business problem or opportunity. We stand ready to engage in business consulting projects to help you make the right decisions for the future of your business. Whether you face questions related to expanding, selling or restructuring your business, we have the necessary business acumen and analytical capabilities to help you make the right decisions.
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.
Buying or Selling a Business
Few business decisions are more important, complex and potentially business altering than a buy or sell decision. When you are ready to sell your business, we can provide support at every step, including valuing the business, vetting potential buyers, and supporting due diligence. If a buying opportunity presents itself, we can help by providing valuation services, developing negotiation and financing strategies, and managing the due diligence process.