Question 1

How much does tax preparation cost in Pocono Springs?

Accepted Answer

Our tax preparation fees depend on the complexity of your return, but we're upfront about pricing from the start. Simple individual returns typically start around $150, while returns with business income, rental properties, or multiple states can range from $300-500. We'll give you a clear quote after reviewing your tax situation during the initial consultation.What sets our pricing apart is that we don't hit you with surprise fees later. Many tax preparers quote low prices initially, then add charges for common forms and schedules. We include everything needed for your specific situation in our quoted price. Plus, if you need tax resolution services, we credit your consultation fee toward the resolution work.

Question 2

Can you help with IRS problems and back taxes?

Accepted Answer

Yes, tax resolution is actually our specialty. We handle everything from simple payment plan setups to complex offer in compromise negotiations. If you're facing wage garnishment, bank levies, or tax liens, we can often stop these collection actions while we work on a permanent solution.Our approach is to first get you into compliance by filing any missing returns, then negotiate the best possible resolution for your back taxes. This might be an installment agreement, currently not collectible status, or settling your debt for less than you owe through an offer in compromise. We have experience with all IRS resolution programs and know which options work best for different financial situations.The key is acting quickly. The longer you wait, the more penalties and interest accumulate, and the fewer options you have available. We can start working on your case immediately after our initial consultation.

Question 3

Do you handle Pennsylvania state tax issues too?

Accepted Answer

Absolutely. Pennsylvania has its own tax resolution programs, and we work with both the PA Department of Revenue and local tax authorities throughout Monroe County. State tax problems can actually be more aggressive than federal issues because states have fewer taxpayer protections.We handle PA personal income tax audits, business tax problems, and local earned income tax issues. Many Pocono Springs residents don't realize that local municipalities can have different tax rates and requirements, which is where having local expertise really matters. We know the specific requirements for your area and can resolve issues with both state and local authorities.Pennsylvania also offers innocent spouse relief, injured spouse claims, and payment plans similar to federal programs. We can help you navigate these options and choose the best strategy for your specific situation.

Question 4

What documents do I need for tax preparation?

Accepted Answer

For basic tax preparation, you'll need your W-2s, 1099s, and any other income statements. If you have business income, bring your profit and loss statements, business expense receipts, and mileage logs. For rental properties, we need rental income records and expense documentation including repairs, maintenance, and depreciation information.Don't worry if your records aren't perfectly organized - we can help you sort through everything and make sure you're claiming all legitimate deductions. Many Pocono Springs residents miss deductions for home office expenses, especially with more people working remotely, and business use of vehicles for local contractors and service providers.If you're behind on filing, bring whatever documentation you have for the missing years. We can often help reconstruct records using bank statements, credit card statements, and information from previous returns. The important thing is to get started rather than waiting until you have perfect records.

Question 5

How long does tax resolution take with the IRS?

Accepted Answer

The timeline varies significantly depending on your specific situation and which resolution option works best for your case. Simple installment agreements can often be set up within 30-60 days. More complex cases like offers in compromise typically take 6-12 months for the IRS to process, though we can often stop collection actions much sooner.The key factor is getting your case into the IRS system properly with all required documentation. Many people try to handle this themselves and make mistakes that cause delays or rejections. When we prepare your resolution request, we make sure everything is complete and accurate the first time, which speeds up the process significantly.While we're working on your case, we can usually get collection actions like wage garnishments stopped fairly quickly. This gives you breathing room while we negotiate the permanent solution. We'll keep you updated throughout the process so you know exactly where things stand and what to expect next.

Question 6

Why should I hire a tax professional instead of doing it myself?

Accepted Answer

Tax laws change constantly, and the cost of mistakes can be significant. Professional tax preparers stay current on all the latest changes and know which deductions and credits you qualify for that you might miss on your own. For Pocono Springs residents, this includes understanding local tax requirements that vary by municipality.When you have tax problems, the stakes are even higher. The IRS has specific procedures and deadlines that must be followed exactly, or you lose your rights to certain resolution options. We know how to navigate these procedures and present your case in the best possible light to get the most favorable outcome.The peace of mind alone is worth the investment. Instead of worrying about whether you filed correctly or wondering if that IRS notice is serious, you have professional expertise handling everything. Most clients find that our services more than pay for themselves through the deductions we find and the problems we help avoid.

Tax Preparation Pocono Springs, PA