Question 1

What does professional tax preparation cost in Old Forge?

Accepted Answer

Tax preparation fees depend on your situation's complexity. Personal returns start at competitive rates, while business returns and IRS problem resolution are priced based on the actual work required.We discuss all fees during your initial consultation. No surprises or hidden charges. For IRS resolution cases, we often structure payment arrangements that work within your budget constraints.Most clients find our fees are less than they expected, especially considering the penalties, interest, and stress we help them avoid. Professional tax preparation typically pays for itself through proper deductions and compliance.

Question 2

Can you file several years of back tax returns?

Accepted Answer

Yes, we regularly help clients catch up on multiple years of unfiled returns. This is actually one of our most common services, and we have streamlined procedures to handle it efficiently.We gather necessary documentation, prepare accurate returns for each year, and file them in the proper sequence to minimize penalties and interest. Often we can negotiate penalty reductions through proper procedures and hardship considerations.The key is getting started now. Unfiled returns accumulate penalties and interest daily, but we can usually resolve several years of back filings within a few weeks once we have your documentation.

Question 3

What should I do if the IRS sent me a notice?

Accepted Answer

Contact us immediately. IRS notices have strict deadlines, and your response options change depending on how quickly you act. We'll review the notice and explain exactly what it means and what your best options are.Many notices can be resolved with the proper response and documentation. Others require negotiation or formal appeals. We handle all IRS communication so you don't risk saying something that could hurt your case.Ignoring IRS notices is the worst possible strategy. Problems that are manageable today become much more expensive and complicated when deadlines pass. Professional response often resolves issues that seem overwhelming to taxpayers.

Question 4

Do you help small businesses stay compliant with Pennsylvania taxes?

Accepted Answer

Absolutely. Pennsylvania small businesses must comply with multiple tax obligations including corporate income tax, sales and use tax, payroll withholding, and unemployment compensation taxes, depending on your business structure and activities.We handle business tax compliance from initial registration through ongoing filing requirements. We also provide bookkeeping and payroll services to ensure your records support accurate tax filings and help you take advantage of available deductions.Many Old Forge business owners rely on our ongoing support because tax requirements change frequently. Having professionals monitor your compliance obligations lets you focus on running your business instead of worrying about tax deadlines and penalties.

Question 5

Can you negotiate IRS payment plans and settlements?

Accepted Answer

Yes, we negotiate various types of IRS payment arrangements and settlement options. The key is properly documenting your financial situation and understanding which programs you qualify for under current IRS guidelines.Payment plans aren't always the best option. Depending on your circumstances, you might qualify for penalty abatement, offers in compromise, currently not collectible status, or innocent spouse relief. We evaluate all possibilities to find the most beneficial resolution.Our experience with IRS procedures means we typically secure better terms than taxpayers can negotiate independently. We know required documentation, proper presentation methods, and how to avoid common mistakes that result in rejected applications.

Question 6

How long does IRS tax problem resolution typically take?

Accepted Answer

Resolution timeframes vary based on the specific problem and how quickly you provide required documentation. Simple payment plan requests often resolve within 30-60 days, while complex cases involving offers in compromise or audit appeals can take several months.We prioritize stopping collection actions immediately. Once we establish representation, we can usually halt wage garnishments and bank levies while working toward permanent solutions. This gives you breathing room and stops the immediate crisis.Throughout the process, we provide regular updates on your case status and next steps. Most clients say their stress decreases dramatically once professionals are handling their situation, even before final resolution is achieved.

Tax Preparation Old Forge, PA