TAMPA BUSINESS ADVISORY GROUP

TaxPro & Business Advisory Group

Tax Preparation

Let us maximize your refund for you. Our services for tax return preparation include these key features: 

Accurate

  • 100% Accuracy: Every tax return is reviewed by a Legal Tax Specialist.
  • Year-Round Assistance: Our staff is available to answer your tax questions throughout the year.
  • Meet with us for your Free 15 Minute Consultation and we’ll review how we can keep more of your hard-earned money in your pocket.
  • If we make an error, we will correspond with the IRS, file an amended return if needed, and do whatever it takes to correct the error for FREE.
  • You are given the option to pay zero dollars upfront and have our fees be deducted from your refund.
  • The Biggest Refund Possible: We guarantee that you will get the maximum refund possible. We will not leave any stone unturned and won’t quit until we’re absolutely sure that the IRS will send you the biggest check possible.

Fast

  • We will prepare your tax return within 72 hours from the last piece of information provided to us. Business tax returns might take longer, based on the complexity of the business.

Affordable

  • Our tax preparation fees are generally 10% –30% less than other service providers.

Tell A Friend:

“Tell-A-Friend” Program! A referral is our greatest compliment, for every referral we receive get you get $25 cash. For organizations and churches, a portion of the proceeds will be donated back to the organization referred.

IRS Debt Settlements

The Internal Revenue Service (IRS), understands that tax debt can be an overwhelming burden and has created tax relief programs designed to help you the taxpayer get back on track. Tax relief is not charity, it is a smart way to maximize the collection of tax revenue from taxpayers facing overwhelming debt.

 

In 1998 when the Senate enacted the IRS Restructuring and Reform Act of 1998 (RRA 98). Lawmakers wanted the IRS to adopt a “liberal acceptance policy for offers to provide an incentive for taxpayers to continue to pay their taxes.” The purpose of the RRA 98 was to give a fresh start to taxpayers who are sincerely trying to meet their obligations and remain in the tax system.

 

The IRS Fresh Start program makes it easier for taxpayers to pay back taxes and avoid tax liens. Even small business taxpayers may benefit from Fresh Start.

The IRS may have contacted you for one of the following reasons: 

  • Random selection
  • Incorrect computation
  • Failing to report additional sources of income
  • Inconsistences on the return
  • Non-Filing Tax Returns

 

In any of the above situations the IRS may propose one of the following:

 

  • Correspondence Audit – Only required to provide documentation regarding the parts of your tax return that are being examined.
  • Field Audit – IRS agents conduct these audits at your place of business.
  • Office Audit – agents conduct these audits at your place of business.
  • Taxpayer Compliance Measurement Program (TCMP) Audits – A comprehensive audit where every part of your tax return must be backed by documentation including birth and / or marriage certificates.

The IRS can and will threaten repayment by way of levies, liens and garnishments of the following:

 

  • Bank Accounts
  • Homes or other real estate
  • Cars and other vehicles including boats and yachts
  • Investments
  • Any monies with your name on it


TaxPro Business Advisory Group can help! Our team knows how to navigate the different repayment and relief programs the IRS offers and will help you with customization and negotiation to achieve a result that works best for you and your business.

  • Offer in Compromise (OIC)

    To qualify you must have an inability to repay the debt within the time the IRS has to collect on the debt.

  • Penalty Abatement

    The IRS may assess a variety of penalties on your tax account including late filing and late payment fees. Sometimes the penalties dwarf the actual tax debt.

  • Installment Agreement

    This agreement allows you to pay your full debt in equal, yet smaller and more manageable amounts.

  • Partial Pay Installment Agreement (PPIA)

    A payment agreement whereby the total number of payments made to the IRS is less than the total amount of tax due, when full payment cannot be completed prior to the expiration of the statute of limitations.

  • Wage Garnishment Release

    Your liability is satisfied, and the garnishment is lifted.

  • Bank Levy Release

    You paid your tax debt, or the time limit expired, releasing the levy.

  • Innocent Spouse Relief

    You filed a joint return, the tax due is understated, you didn’t know, so it is unfair to hold you liable.

  • Currently Non-Collectible

    Assigned by the IRS when someone cannot pay due to a temporary hardship.

  • Statute of Limitations

    The time limitation (generally 10 years) on which the IRS can collect taxes and levies. The start time varies for each action taken.

  • Tax Lien Discharge

    You relinquish your rights and allow any property with an IRS lien to be sold free and clear of the tax lien.

  • Tax Lien Subordination

    Allows a “junior” creditor to move ahead of the IRS for claim on the property.

  • Tax Lien Withdrawal

    Your tax liability is satisfied, and the lien is released.

  • Collection Appeal

    The Office of Appeals is separate from and independent of the IRS Collection Office. Check here for your collection appeal rights.

  • Administrative Appeal

    You may file an administrative appeal with the IRS under four circumstances. For complete information, check under IRS 8.7.14.4.

  • 941 Payroll Tax Issues

    Employers are required to pay Federal, Social Security & Medicare, State & Unemployment Taxes

  • Non-Filers – Need Prior/Back Year Taxes Completed

    Avoid large penalties, interest and/or forfeiture of your tax refund, criminal charges, possible jail time and revoking of your US Passport.

Contact our office today to get started. Responsible tax advice and relief can be yours. Let’s talk.

Share by: