Nationwide Tax Consulting

If I ask, Would You like to reduce your tax bill? I think everyone will say yes, I don't think anyone who doesn't want to pay less for their income to federal govt. Today, We are going to share a few ways to reduce your tax bill without violating IRS rules.  1. Contribute to a 401(k), 403(b), or 457 Plan: The less income you have, the lower your tax will be, but you don't need to make less money to lower your tax bill. Adjusted gross income is the baseline for calculating your income taxes and if it is higher, means you owe more. Well, the keyword here is adjusted, says there are ways to lower your gross income, and one of them is  401(k) retirement plan, 403(b) retirement plan, or 457 plan. The more you contribute to a pre-tax retirement account, the more you can reduce your AGI and the amount you'll owe in taxes. 2.  Buy a House: If you have plans to buy a house, that deal may save you money on your taxes since mortgage interest and property taxes are deductibl...

Receiving better return on taxes is what everyone wants, but when you go for saving a few bucks, you lose much more from return. Sometimes individuals complain that their return is delayed, which is reasonable as well if you don't appropriately do your taxes. Mistakes that you make while filing for taxes could result in less and delayed return. Filing taxes is a complex process which almost takes a day or 10-12 hours to file taxes. You need to gather a lot of documents, form filling, and tax codes and if you are not a professional at this, definitely you will make a lot of errors. If you are not aware of the process, using a professional will be the right choice. Do not worry about the fees you will pay for the services because you will receive a lot from the return. Consider a tax professional or a tax resolution company such as Nationwide Tax Consulting , experienced by thousands and holds a strong reputation in the region. This Company has been in business from years and is li...

If you cannot pay your taxes by the deadline, you are not the one so do not worry; there are ways to get out of such a situation. Paying taxes is the second thing so leave that for later and first, think about filing your taxes and this is more important. If you will pay taxes, IRS will charge you with Failure to Pay Penalty and will add 0.5% interest to the owed tax amount but if you do not file, will charge with Failure to File during which they will add 5% interest on the owed tax amount. So consider filing taxes first of all and then if your financial condition doesn't allow you to pay, there are several ways you can go for. 1.  Extension: If you can't pay your taxes and need time, you can ask for an extension, and I would advise you to consider help from professional tax company such as Nationwide Tax Consulting as they can prepare your file and will present your eligibility for the extension. 2.  Offer In Compromise: If you think that your debt to IRS is more than yo...

We are all aware of the scams individuals are experiencing from the businesses and losing their money. It made it necessary to investigate a company before you put your money in, and there is nothing better option than reviews to check the authenticity of a company. Reviews of a company lead you to the experience of their previous clients and help you decide if the company is honest enough to their clients or not. Today we are here to discuss the reviews of Nationwide Tax Consulting, a Florida based Tax resolution company providing high-end services with resolving clients tax matter with IRS. Nationwide Tax Consulting is dedicated to saving individuals from IRS back taxes and collection activity. Nationwide Tax Consulting is filled with experienced CPA's and Enrolled Agents. This company is operating from 3 locations in Florida, including Jupiter, Colorado, and Hallandale Beach. They are in business from years, which means we can find hundreds or thousands of reviews online. The...