Do you think you need tax assistance from a CPA? Most CPA’s offer consultations to evaluate and guide your tax decisions in the following areas:
• Form 1040 Federal Income Tax Return: Income Tax Return for Single and Joint Filers
• Estimated Tax Payment calculations: Prepare for your tax payments so this is not a large surprise and financial burden.
• Unfiled Returns
• Unpaid Taxes
• IRS Levy and Garnishment Release: The IRS states, “If the levy is creating an immediate economic hardship, the levy may be released. A levy release does not mean you are exempt from paying the balance. The IRS will work with you to establish payment plans or take other steps to help you pay off the balance.” A CPA can help guide you and work you through this process.
• Installment Agreements: According to the IRS, “If you’re financially unable to pay your tax debt immediately, you can make monthly payments through an installment agreement.”
• Audit Representation : A CPA can handle an IRS audit for you to make sure you are represented fairly and eliminate some of the fear associated with an audit.