Frequently Asked Questions
What's the biggest effect on 2018 tax returns since the new tax law changes?
For taxpayers with high property taxes, it's had a negative effect. There's a cap on taxes from property taxes, state withholding, and personal property taxes. Also for those who had high amounts of employee expenses (teachers, union tradesmen, law enforcement) that category has been eliminated. For wage earner standard deduction taxpayers with children, this could increase our refund from previous years.
Can IRS tax debt be forgiven?
Yes, under certain circumstances it can be partially forgiven or totally forgiven. Payment plans are also an option available but all these resolutions must be negotiated and agreed by the IRS. We can help you qualify for a resolution to resolve your tax debt.
Do you handle business returns?
YES. We prepare Corporate, S corp, and Partnership tax returns. We also have Notary services, Bookkeeping, and Payroll.