Did you or someone else prepare your tax return, and now it has become a tax problem? Okay, so a strong tax refund does not necessarily mean that the return is a good one. Perhaps the preparer shouldn’t have taken those unnecessary risks. Or perhaps mistakes were made. Or maybe the preparer lacked the experience needed to prepare a more complicated return. But regardless the reason, the IRS and your state want you to make good on the tax debt owed. And now they want penalties and interest on top of that. So when your tax return becomes a tax problem call us.
Business & Financial Solutions can help you make your circumstances right with the IRS and your state taxing authority. Because we hold the expertise to help you navigate through the tax systems. Our tax experts assist clients throughout the Washington DC Metro Area, and throughout the United States. And we concentrate on effective and ethical tax services, including tax preparation and tax resolution.
Tax Preparation is a Serious Matter
It is unfortunate that some taxpayers don’t take tax preparation seriously. And too often people want to manipulate the systems for short term gain. The consequences for poor, illicit or amateur can be severe. And the costs for resolving the tax issues may be far more expensive that paying a professional tax preparer. And once the tax problem has gotten out of hand, it creates a lot more headaches. It is well worth it to hire tax professionals at the onset.
Trying to Beat the System?
The best way to beat the tax systems is through proper tax planning. Why do things the wrong way, when the right serves the same purpose. In fact the right way comes with fewer problems. A typical example is a person that wants to get a tax refund so that they can put away money for future retirement. The appropriate way would be to invest in a 401k plan, rather than to try and get a huge refund at the end of the year, anticipating putting the money into savings.
I am not sure of the reasons. But, it seems that people in general are wired to try and work the system. I say play the game with the rules that the government gives you. Don’t try to break them to get ahead. The right professional can work through the rules to get you ahead. And this way does not require that you look over your shoulders, wondering when the other shoe will drop. Get it right in the beginning so you don’t have to pay the price in the end. Trust me. No one wants problems with the IRS. Have your tax return prepared right.
Have Questions About Dependents?
Don’t be guided by unethical tax preparers. Because the IRS has very strict guidelines about whom you can claim as a dependent. But just as bad may be self-preparers. Self-prepares are not clear minded when it comes to preparing their own tax returns. Because they prefer comfort over what is right.
In other words, take the person is faced the possibility of claiming a mother. And let’s say this falls in a gray area of the guidelines. It is the most natural thing to claim the mother, if one is not clear about the guidelines. However, the choice may be more in the red. I find it interesting that we can talk ourselves out of the truth, and right into tax trouble. Hire our firm, or hire another. But you probably should not consider yourself as the authority of your own tax returns.
Our firm has multiple office locations. We are here to assist taxpayers with tax returns. Or we can help you resolve current tax problems. Further, if you anticipate issues with tax returns, or know that you have faulty ones, we can amend those returns. Our firm is here to help in every way that we can. Call us for a free consultation about your exiting tax problem, or changes to a return.
Business & Financial Solutions has office locations in Rockville MD, Frederick MD and Vienna VA. But our clients are nationwide. We are your one-stop shop for all your tax needs. Our tax experts have a variety of experience. And we serve the businesses and individuals.
Call (855) 557-2222 for service. Or you can email us at firstname.lastname@example.org.
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