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Why do we do this?
It's for the small businessperson who needs hope.
- The hope that he/she is doing things right for tax purposes.
- The hope that there will be no surprises by the IRS and no tax
problems because of the way he/she is operating their small business.
- Hope for that couple whose marriage is being torn apart by
pressure from the IRS caused by their small business tax reporting
problems.
- The hope that the small business person can stay in business and
not have to close the business and get a job because of being slack
with regard to tax reporting and paying.
- The hope that everything will be all right in the event of an
IRS audit.
It's because we can help the small businessperson get it right.
That's why we do this.
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Tax Return Preparation
We prepare tax returns for small business and individual clients,
taking aggressive but defensible positions on their tax returns to
maximize their savings in tax dollars and minimizing their chance of
being audited by the IRS. For our small business clients, we focus on
finding their best tax strategy according to their unique position in
the small business arena. Some need to be a Sole-Proprietorship.
Others need to incorporate. We advise our corporate clients whether
they should be a regular “C corporation” or an “S corporation.” These
answers vary according to various factors that exist in their
businesses.
Delinquent Tax Return Preparation
Many small business owners and individuals come to us because they
haven’t filed tax returns for a number of years. The IRS may have
contacted them because of their failure to file or they may want to
catch-up on their filings for other reasons. In either event, we
assist with the best program tailored to their individual need to
solve the non-filing problem to their best advantage.
Many times we access our clients’ information from the IRS database
plus we use the information provided by our client. This approach
helps us file tax returns that are all inclusive. An “all inclusive”
tax return minimizes the chances that IRS will respond with an audit
of the return or a request for additional information. It also makes
the returns hassle free for the IRS and very unlikely to be an audit
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Audit Representation
Other CPA Firms or Tax Return Preparers often refer their clients
to us in the event of an audit. We think this speaks highly of the
level of confidence the professional community has in our ability to
represent their client who is being audited. Others who are being
audited find us because they know someone who has used our service in
the past. Some find us through a present client of ours who refers
them to us.
It is very rare for one of our clients (a client for whom we have
prepared tax returns) to be audited. We are very conscientious of not
allowing “red flags” to cause our clients’ returns to be selected for
audit. Even though there is a chance that one of our clients may be
selected for audit because of the IRS’s random selection process, IRS
selects most of the returns they audit because of something on the
return that causes them to be curious enough to want to audit the
return. We handle audits for many clients who have “self prepared”
their returns. The IRS seems to “pick on” these type returns. I think
there is a perception by the IRS that these “self preparers” are
unknowledgeable and prime targets for audit adjustments.
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