These days you have a lot of options when it comes to personal income tax preparation, from do-it-yourself software and e-filing to national chain outlets to individual CPAs and professional tax accounting firms. For some individuals, income tax preparation is relatively straightforward, just fill out a few simple forms and you’re done. But for most people with families, investments, businesses, and other complicating factors, handling personal tax preparation is anything but easy. Which tax preparation route you choose depends largely on your level of tax knowledge and recent financial factors. Did you start a new business? Do you have kids in college? Are you affected by estate and trust matters? Do you own rental properties?
All of these questions, and so many more, can have a tremendous impact on the number of deductions you receive and, ultimately, the amount of taxes you pay. So don’t allow your ignorance of today’s mind-boggling tax codes to keep you from getting every last dollar you deserve. Make this the year you forgo the do-it-yourself software and national chains for the real, honest-to-goodness guidance of a professional accounting firm.
Many of today’s sought-after tax accountants and CPAs offer complimentary consultations to briefly review your financial history and ascertain your need for counsel. Consider this your opportunity to compare how you’ve handled your taxes in the past with what you can expect to obtain from a certified tax specialist. For starters, you can count on a fully licensed firm of accountants and tax attorneys to provide:
* In-depth understanding of local, state, and federal tax laws
* Step-by-step assistance with tax preparation and filing
* Expert strategies for back tax relief
* Customized solutions to individual tax issues
* Skilled negotiations with the IRS
* And more
If it’s back income tax troubles you’re worried about, having an experienced tax advocate on your side can be particularly helpful. Whether you underpaid your taxes or filed a delinquent return, you could find yourself slapped with a slew of fees and fines for failing to comply with the tax codes. By working with a competent tax accountant or attorney, you can avoid the drastic fallout of harsh IRS penalties and ensure effective remedies for wage garnishment, property liens, and more.
So don’t risk making tax mistakes that could wind up costing you in the end. Instead of going it alone, contact your local CPA tax firm today to ask about a complimentary consultation.