IRS Audit Representation
Our professional tax practice is led by an Enrolled Agent (EA). An EA is a federally licensed practitioner who has earned the privilege to represent taxpayers before the Internal Revenue Service. EAs have an unlimited right to practice; which means they have no restrictions as to which taxpayers they can represent, the type of tax matters being handled and at which IRS office they can provide representation.
SC State Notary Public
South Carolina notaries public are public officers appointed by the Governor and commissioned by the Secretary of State. Notaries serve are impartial witnesses for the state in order to prevent fraud. Our notarial acts include: Acknowledgements, Oaths, Affirmations, Attestations, Jurants, Signature witnessing, Verifications and any other acts authorized by the State of South Carolina.
Specially trained IRS Enrolled Agents must pass rigorous tests and meet annual industry regulatory requirements to meet and sustain their professional credentials. Enrolled agents are licensed by the U.S. Department of the Treasury, and are fully approved to represent clients before the IRS. They also provide general consumer and business tax services like preparing income taxes and offering specialized tax planning advice. Find an Enrolled Agent by searching the National Association of Enrolled Agents, or verify the status of an Enrolled Agent at IRS.gov.
Unaudited financial statements are not used for audit purposes and are subject to less rigorous standards than audited statements. Financials prepared to report taxable business income, expenses, or credits and deductions often do not render an opinion or abide by Generally Accepted Accounting Standards.
IRS Debt Resolution
You don’t have to face the IRS alone. When an unexpected tax liability results in enforced compliance, our experienced Enrolled Agent will negotiate with the IRS to settle the debt and resolve your tax matter. Enrolled Agents navigate the settlement process on your behalf to request a reduction of the total amount of debt owed and forgiveness of the remainder. Ability to pay is a consideration addressed by an installment plan.
Tax accounting is performed specifically for tax purposes. It applies to individuals, businesses, corporations, and other entities. Even those exempt from paying taxes must participate in tax accounting. The primary focus is on transactions that affect an entity’s tax burden, and how those items relate to proper tax calculation and tax document preparation. Taxable income, deductible expenses and qualifying credits are considerations. Tax accounting is regulated by the IRS to ensure tax laws are adhered to by tax accounting professionals and individual taxpayers. The IRS also requires the use of specific documents and forms to properly submit tax information as required by law.
Tax Planning & Preparation
Smart tax planning is the gateway to financial health. It’s important to understand and be prepared for the tax impact resulting from a life changing event and when to buy or sell an asset or investment. We help individual and business clients get and stay organized to prepare for and minimize tax liability.