Unfiled tax returns are one of the most common causes of a tax problem.
Our master tax preparers are experts at preparing all types of Federal and State returns (Personal, Business, Corporate, Partnership, LLC, etc). As many of our clients have not filed their tax returns in 5 or even 10 years, we have particular expertise in preparing Multiple Delinquent Returns (MDR's). These intricate returns require more time and experience because they are reviewed with more scrutiny by the IRS and carry a higher risk of audit.
In many cases the tax return preparation plays the largest single role in the forthcoming acceptance of an IRS settlementMost do not know that failing to file a tax return for three or more years is a federal offense. Owing the IRS back taxes is technically not against the law, but not filing your tax returns is illegal and the IRS will not begin negotiating to reduce or settle a tax debt until the taxpayer is fully in compliance with all missing returns filed.
The constant changes in form requirements and tax laws makes staying on top of one's taxes an increasingly complex endeavor. We are experts in prudent and assertive tax return preparation which also dovetails into the tax debt negotiation process. This synergy often makes the largest impact in successful negotiations with the IRS.