Perform the Preparation and Filing of delinquent tax returns, involving our review of the Internal Revenue Service (IRS), and/or state and local taxing authorities’ record of income, as well as documentation and substantiation provided by our clients. Many times, the taxing agency will file what is known as a Substitute for Return (SFR), or a filing enforcement, on behalf of our clients, using information available to the tax agency. This will typically result in a balance that is much higher than what would have resulted, if the original return was filed. Thus, filing the delinquent returns may help to reduce our client’s outstanding balances;
Prepare and file amended tax returns, to correct any errors which may have arose from an incorrectly filed original tax return;
Respond to Notices of Deficiency on behalf of our clients. Notices of Deficiency are filed by the IRS, when proposing to assess a balance to our client’s account, usually as a result of an audit or additional information received by the IRS, but not reported by our client on their tax return. This notice must be responded to in a timely manner in order to preserve our client’s rights.
