Payment Plan Organization
Individuals and corporations are often asked to complete complicated forms in order for the
Internal Revenue Service to confirm a payment plan to pay a tax debt. Proper completion of
Form 433-A or 433-B is essential and can often be complicated. We have extensive experience
completing these forms and can assist to secure the most favorable payment plan for you.
Penalty Abatements
Most penalty assessments are paid by taxpayers without question; however, the IRS and New York
State allow the abatement of penalties under specific circumstances. We will review your
circumstances and, if applicable, present the facts in such a manner as to have penalties
abated and tax liability reduced.
IRS Representation
Our experience is extensive in representing taxpayers for various reasons before the IRS.
Professional representation is vital in many cases and will likely pay for itself.
Federal and State Audits
It is inevitable that a percentage of tax returns will be audited. When you receive a letter
of examination, you should consult with our office to evaluate the best way to proceed prior
to discussing the issues with the auditing agency.
Payroll and Sales Tax Problems
Small business owners will frequently find themselves in arrears on taxes. Employment and Sales
taxes must be paid and, if necessary, a business may need an extended period of time to pay
delinquent taxes. We can assist with evaluating the penalties and arranging a payment plan.
Unfiled Returns
Many times an individual or business will not file returns for several years. Do not allow
the fear of not filing prevent you from addressing the problem. We encourage you to arrange
a consultation with us so that we can advise you of the best course of action.
Offers in Compromise
Although popular, this process often is misunderstood by the average taxpayer and professional
without experience in this area. There is no individual at your local IRS office that has the
authority to negotiate and compromise your tax on the spot. An Offer in Compromise must be made
by presenting various forms. An understanding of the forms and process is essential before
beginning communication with the IRS and will determine the amount of your offer.
Tax Returns
With the use of foresight, experience and technical expertise, we prepare both federal and
state income tax returns for businesses, pension plans, and individuals. Using in-depth research
and analysis, we strive to minimize our clients' tax liability. We are able to plan and
prepare all Federal and State forms. We also offer e-filing for added convenience. Business tax
returns are typically prepared on site at the client's location. This way, as the return
is prepared, we learn more about the client's business so that we can maximize tax-planning
opportunities and offer value-added solutions to other financial and operational problems. We
also have strong relationships with other CPA and consulting firms, law firms, investment firms
and banks which allow us to champion tailored, complete business solutions for each of our clients.
Personal tax returns are frequently regarded as a commodity or a necessary evil by many CPA firms.
Each client, large or small, receives the personal attention he or she deserves. We always give an
organizer (hard copy or electronically) to each client so that the client can be completely prepared
for his or her appointment. Clients can be scheduled for their tax appointments in the evenings or
on weekends, and we also have "drop off" service available for added convenience.
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