Tax problems can be confusing, time-consuming, and more than a little stressful. Having a CPA help you navigate your IRS issues will give you much-needed support and clarification. Below are a few ways a CPA can help with IRS problems.
Assistance With IRS Audits
IRS audits tend to be extensive investigations into one's income, earnings, and tax records. CPAs have specific education in this area, and they understand how best to represent their clients' interests. A CPA will review your tax and financial history to come up with solutions that work for both you and the IRS.
Prepare & Plan Complex Taxes
Tax laws are complicated, and many people have complex financial situations that entail specialized knowledge. A CPA knows tax law inside and out, and they can prepare tax returns ranging from the simple and straightforward to the involved and intricate. If you've had IRS problems in the past, a CPA can also help ensure your taxes are done correctly and in accordance with all applicable laws.
Negotiate Back Taxes & Fees
The IRS has countless ways of getting you to pay. Through finance charges, interest rates, wage garnishments, and property seizures, the IRS will pursue you for any money they feel they are owed. A CPA can work with you to negotiate with the IRS and come up with a settlement that is more conducive to your financial situation.
Erie & Associates, P.C., is a tax, accounting, and payroll services firm serving the Texarkana, TX, region. Call (903) 792-6651, visit their website, or connect with them via their Google+ page to schedule an appointment to discuss your IRS issue. Trust this local CPA team to give you the guidance and insight you need to address any pressing IRS problems.
Disclaimer: Positive results are not guaranteed. Contact Erie & Associates, P.C., for answers to your questions, or to learn more about any of their services.