If you have been selected for an IRS audit, professional representation can set your mind at ease. We’ll take the lead in dealing with the tax authorities based on our familiarity with their procedures and our intimate knowledge of the tax code. We’ll make sure that you don’t get an unpleasant and unwarranted surprise at the end of the process.

Even if you have not been targeted for an IRS Audit, you may be aware of problems that will catch up with you eventually. Common examples include:

• Missed tax filings for one or more years
• Insufficient funds to pay the tax liability when due
• Failure to remit payroll taxes
• We’ll work with you to review your prior tax years and make sure that all of your tax filings have been submitted accurately. If you don’t know what’s included in your tax record, we’ll help you get copies from the tax authorities without raising any “red flags.” We’ll assess your tax liability and the associated interest and penalties. Then, we’ll work with you on an approach to negotiation. For example:

You may be able to settle your tax debt for less than the full amount owed if the tax authority deems your offer to be the most they might collect within a reasonable time period. This arrangement is referred to as an offer In Compromise. We could work with the tax authority on a payment plan to resolve your debt. This approach protects you from asset seizure to settle your obligations. It may be possible to secure relief on penalties and/or compound interest. The IRS provides Innocent Spouse Relief when for an aggrieved party when his or her spouse or former spouse failed to report income, reported income improperly, or claimed improper deductions or credit.

Proactive planning is the key to minimizing your tax liability. We work with businesses and individuals to pay the least amount of tax required by law. A few of the strategies that we consider include:

• Splitting income among several family members or legal entities to take advantage of lower income tax brackets
• Shifting income or expenses from one year to another when it can yield a lower tax rate
• Deferring or eliminating tax liability through use of tax-advantaged investment vehicles
• Tracking all expenses eligible for itemized deduction
• Taking advantage of tax credits
• Your unique circumstances will determine the strategies that we can employ to maximize the money you keep in your pocket.