Tax Resolution Services
The IRS and state/local tax authorities can turn your personal and business finances upside down. Even if you haven’t done anything wrong, an audit can make chaos of your life. If you are facing an audit or inquiry from a tax authority, you need a good response plan. We can formulate that plan.
From our extensive experience with tax resolution, we’ve found that many of the problems generated by tax notices can be resolved relatively easily. The key is to approach the matter correctly– if you don’t handle replying just right, you can find yourself in an even more complicated and confusing situation. It is also a terrible idea to let a tax problem linger–you should never go to bed with an unanswered letter from a tax authority.
Let GPL deal with the tax authorities on your behalf. Our dream team of enrolled agents, tax specialists, accountants, and financial analysts will straighten out your current difficulties and show you how to avoid similar problems in the future.
Federal Tax Audits
Just like you should never go through a court proceeding without an attorney, so should you never go through an IRS audit without an enrolled agent (E.A.) at your side. With GPL, you are assured representation from one of the nation’s most skilled and respected E.A.s
State Tax Audits
As the economy recovers, state governments are increasing their attempts to fill their coffers—at your expense. State audits are on the rise. If you’ve received a letter from a state tax authority, we can help.
The IRS recently made additional changes to its Overseas Voluntary Disclosure Program—changes that can save you money. Even if you haven’t reported income from overseas holdings, you may be able to avoid criminal prosecution. GPL can help you navigate the laws to become compliant.
Tax Treaty Positions Denied by IRS
Are you a non-resident alien who filed your U.S. tax return based on a tax treaty between the United States and your home country? If you’ve received a notice stating that the IRS has rejected your treaty claim, GPL can help.
Have you received a notice from the IRS? Contact GPL right now. You should never—never—let the sun set without addressing possible tax issues. Any delay will only make the matter worse.
Are you facing notices from one or more states demanding franchise taxes? Are you confused? Do you think they are demanding too much, or maybe they’re just plain wrong? GPL can help.
Tax Liens and Levies
The IRS and state taxing agencies will put liens against your property and levies against your income and bank accounts as a last resort to collect taxes they feel they are due. . If it’s happening to you, contact us immediately!
Question: Do I need a lawyer if I am being audited by the IRS?
Answer: Usually, no. If you are being audited, you should first contact the tax preparer who did your tax return (if any) and seek help from that person. You may also be well-served to secure the services of an Enrolled Agent to either represent you at the audit, or to at least help you get prepared and give you advice ahead of time.
GPL Tax & Accounting has represented clients in all 50 states and before the IRS. We are driven to see that you are treated fairly and we will work tirelessly to secure the best possible outcome to your situation. We are also much more than just another tax resolution firm. We can continue to work with you even after your current troubles are resolved, providing you with exceptional accounting and tax preparation services tailored to your needs, so you can avoid problems in the future.
GPL Tax & Accounting is here to handle your personal and business tax preparation and planning needs. We can also handle your bookkeeping and accounting requirements. GPL provides all the tools and know-how you need to be in the best tax position while staying compliant with all tax regulations.
How far back can the IRS go to audit my tax returns?
How long will the audit take? How will I know when it’s over?
At the end of the process, the auditor issues his findings (“determination”) and it is brought to a conclusion in one of three ways:
- No Change: An audit in which you have substantiated all of the items being reviewed and results in no changes.
- Agreed: If you agree with and understand the audit findings, you will be asked to sign the examination report or a similar form depending upon the type of audit conducted.
- Disagreed: An audit where the IRS has proposed changes that you understand but disagree with. In such a case, a conference with a manager may be requested for further review of the tax return and issues. You also have the option to request an appeal, or to enter a mediation program.