How We help you
Without the proper planning you are doomed to repeat the past. Too much in taxes! Let us show you how to start saving thousand, today!
Feel like you work for your CPA instead of them working for you? We know who butters are bread and will help you with all your legal deductions!
Take a tax vacation for the last few years? No problem. We can help you get back on track and make sure we use exactly the information the IRS is looking for.
Tax Liens and Levys
Is the IRS going after everything you’ve worked so hard to build up? This isn’t our first rodeo. There are a number of special programs you can use to stop IRS collection activity.
For a lot of people just thinking about taxes and keeping accurate records makes them break out in a cold sweat. Not only that but we understand that some people are great at selling and not so great at paperwork.
That's where we come in. We can help you keep your books and records. We can help you with your accounting. And yes, we can help you not only prepare your taxes, but much more importantly give you a plan to lower your taxes.
Do what you enjoy, let us deal with the taxes!
Latest Blog Posts
Have you recently received a CP notice from the IRS saying you owe back taxes? If you look in upper right hand corner of the notice you’ll see a number for the notice type. Typically the number is either 501, 502, 503, or 504. What do those numbers mean? When the IRS determines that[…]
For the longest time the IRS never required brokerage firms to put your cost basis on 1099s. This had the crazy result of the IRS receiving 1099s showing you sold a few million dollars of stock, and yet you only reported a 10K gain on your tax return. Since the IRS computers received the 1099s[…]
A few years back I had a friend call up in a tizzy. It seems that he had a net operating loss of a few hundred thousand dollars and the IRS said he couldn’t use it. When I asked him a few questions it became painfully, and I mean painfully obvious what happened. Under the[…]
Wonder if your tax dollars are being spent in the most efficient manner? In a recent report regarding the effectiveness of amount due letters, The Inspector General for Tax Administration (TIGTA, basically internal affairs for the IRS) let it slip that, “The IRS paid a contractor approximately $ 3 million and also used IRS staff[…]
A lot of you probably already know that if someone forgives your debt that generates taxable income. The really interesting question though is when is your debt forgiven? This is interesting in that the IRS typically has a 3 year period to say that you owe them taxes. (This jumps to 6 years under certain[…]
I’ve probably helped thousands of people create a new corporation or LLC. However if I were to go back to the state records, my guess is that at least half would be administratively dissolved. What I mean by administratively dissolved is that due to the client not filing the right paperwork, the state said the[…]
What if I offered you an investment where you would have to come up with $1,000, but guaranteed by law you would get $436,686? Yeah, it sounds a bit scammy, but once again, what if it was guaranteed by law, you couldn’t lose. Would you do it? Let me give you some background. The IRS[…]
File your tax return! Yeah, I understand. You don’t have the money to pay your taxes and you’re a bit embarrassed and ashamed. You’ve got the return finished but for some reason you just never got around to filing your 1040. File it. Why? Because all sorts of bad things if you don’t file your[…]
Anytime you create a new business entity it is almost a certainty that you need to obtain an employer’s identification number (EIN) for the new entity. In order to get an EIN you typically fill out a form SS-4 that asks all sorts of questions regarding your new business. So what happens if you accidentally[…]