Question 1

What's the difference between tax preparation and tax resolution services?

Accepted Answer

Tax preparation is filing your annual returns – what most people think of as "doing taxes." Tax resolution is solving problems with the IRS after something has gone wrong. If you owe back taxes, received IRS notices, face wage garnishments, or have unfiled returns, you need resolution services, not just preparation. Most tax preparers can't handle these complex situations because they require specialized knowledge of IRS procedures and negotiation tactics. We provide both services, which means we can prepare your current year returns while simultaneously resolving any outstanding problems with previous years. This integrated approach often leads to better outcomes than trying to handle these issues separately.

Question 2

How much does professional tax preparation cost in Niagara?

Accepted Answer

Professional tax preparation in the Niagara area typically ranges from $137 to $454 for individual returns, depending on complexity. Business returns and tax resolution services are priced differently based on the specific work required. We provide upfront pricing after reviewing your situation during the initial consultation. No surprises, no hidden fees, and if you need resolution work, we'll credit your consultation fee toward the total cost. The real question isn't what it costs, but what it costs you not to handle tax problems properly. IRS penalties and interest compound quickly, and mistakes can be expensive. Professional help often pays for itself through proper deductions and avoiding costly errors.

Question 3

Can you help if I haven't filed taxes in several years?

Accepted Answer

Yes, unfiled returns are one of our specialties. The IRS considers failure to file a serious offense, and the penalties are substantial – but there are ways to minimize the damage if you handle it correctly. We'll prepare all missing returns, often going back multiple years, and work with the IRS to establish a payment plan or pursue other resolution options. In many cases, we can get penalties reduced or eliminated entirely. The key is acting quickly. The longer you wait, the more penalties accumulate and the fewer options you have. But even if you haven't filed in many years, there are still solutions available if you work with someone who knows the system.

Question 4

What happens during an IRS audit representation?

Accepted Answer

When you're facing an IRS audit, we become your representative, which means you don't have to deal with the IRS directly. We handle all communication, provide requested documentation, and advocate for your position throughout the process. Most audits result from discrepancies the IRS computer system flags, not because you've done anything wrong. We know how to respond to audit notices, what documentation to provide, and how to present your case in the best possible light. If additional taxes are owed after the audit, we can immediately begin resolution proceedings to minimize penalties and establish affordable payment terms. This seamless transition from audit defense to resolution is something most tax preparers can't provide.

Question 5

Do you offer payment plans for your services?

Accepted Answer

Yes, we understand that people seeking tax resolution often face financial constraints. We offer flexible payment arrangements that work with your budget, not against it. For resolution cases, we can often structure payments around the timeline of your case, so you're not paying large fees upfront before seeing results. Each situation is different, so we'll discuss payment options during your consultation. Remember, our goal is to solve your tax problems, not create new financial stress. If cost is a concern, let's talk about it upfront so we can find a solution that works for everyone involved.

Question 6

How long does it take to resolve tax problems with the IRS?

Accepted Answer

Resolution timeframes vary significantly depending on the type of problem and the solution pursued. Simple payment plans can often be established within 30-60 days, while Offers in Compromise may take 6-12 months or longer. The IRS has specific procedures and timeframes they must follow, and we know how to work within their system efficiently. We can give you a realistic timeline estimate after reviewing your specific situation. What's important to understand is that starting the resolution process immediately provides protection from collection actions like wage garnishments and bank levies. Even while your case is being processed, you have breathing room to get your finances in order.

Tax Preparation Niagara, PA