Representation Pricing

Explanation of Representation Process

Research of IRS tax record and analysis of tax problem: We start by gaining access to your IRS account so that we can see what the details are of your tax situation and what the IRS has communicated to you and what their plans are. There is a wealth of information available that our team has powerful resources at our disposal to analyze your account and provide guidance of the next steps. You will receive a 40+ page report with all the details of your IRS account along with a 30-60 minute meeting with one of our team to explain the report. With the correct strategy you can save yourself significant amounts of money on your past and current tax liability.

Base fee: Our base fee is the downpayment we require upfront to begin working on your case. During the first meeting where we research and analyze your tax problem we will discuss possible strategies for addressing your situation. Based on that conversation we will send you a proposal that presents our strategy as we discussed along with any payment arrangements you have made with us to cover our fee. This engagement letter will need to be accepted and signed by you before we begin work. This base fee is above and beyond the initial research and analysis fee mentioned above.

IRS or State Collection Cases: Our engagements are for either your federal or state collection case. If you would like our assistance with both the federal and the state that will require a separate engagement. We typically recommend you address your federal case first as states typically follow the federal return. Once your federal case is addressed then we can move onto working with the state on your behalf.

Back Taxes: Back taxes are when you are not compliant with your tax filings. This means you have not filed your returns for the past year or a number of years. We will strategically file your past returns as necessary. If you have more than 7 years of unfiled returns we will typically recommend you file the 4 most recent years and begin discussions with the IRS from there. Bringing you into compliance is often the first step to addressing your tax problem.

Payroll Tax Liability: Payroll taxes are comprised of the social security tax, Medicare tax, and various income tax withholdings. If you are an employer and you have not submitted these taxes to the appropriate agency then you have a payroll tax liability. This can be an extremely serious tax problem and you should not delay in addressing this.

Penalty Abatement: If you have made a reasonable effort to comply with tax laws then you may qualify for a penalty abatement. There are several penalties eligibly for relief: failure-to-file, failure-to-pay, failure-to-deposit on time, and other penalties. The types of penalty relief are: reasonable cause, administrative waiver, first time penalty abatement, and statutory exceptions.

Audit or Examination: Selection for audit does not always indicate there's a problem. The IRS has several different methods of choosing a return for audit or examination. There is random selection of returns which can simply be a statistical formula. Computer screening is when the information reported to the IRS does not match the information as reported on your tax return. Examination may occur if your return involves issues or transactions with other taxpayers, such as business partners or investors, whose returns were selected for audit. Regardless of your audit case you should seek representation. As the saying goes, "A person who represents themself, has a fool for a client."