Nationwide Tax Consulting

You may find several companies and individuals to take care of your taxes as those are the business days for several consultants, who are only active in those days, and then they get back to their other businesses. Hiring those individuals might be inexpensive, but it also could cost you dearly, because you don't know how IRS will react to your filing, and they could put you in an audit, or for other reasons, when you will need your tax expert, they might not be with you. We would advise you to choose a company instead of an individual, as an organization is always there for you throughout the year. The reputation of an organization matters a lot and services as well. An organization that offers more services is the best choice as you don't know, IRS can put you in any position, and an organization with capabilities can help you in any circumstances. When it comes to reputation, the experience of the previous clients of a company will lead you in the right direction. When we ...

Being audited by the IRS would be the last thing someone would expect to go through, as receiving a notice for auditing would panic you. If you have received a notice from the IRS of audit, don't panic and make a smart decision. IRS audit you on a purpose as they will only audit after finding something questionable in your tax file. When you receive a notice for an audit, think about what mistakes you made while filing. If you have increased or decrease numbers of expenses and income, IRS can audit you for that as they have the same statement of your income and expenses, the one you have. IRS can also audit you if you have a business that runs on cash or even if you have declared too many expenses. Reasons for the audit are not limited, and it is also true that IRS audit you only with a purpose, so in the first place, don't give IRS a chance by making mistakes in filing. If you are familiar with the process of filing taxes then its fine to do yourself, but if you are not good...

Many individuals think if they do not pay taxes, IRS will send them to jail, and maybe they could try to run from IRS, which they can't, and they get in trouble. First of all, the IRS does not send you to jail because they are after your money and sending you jail will cost them dearly so they will never send you to jail. If you cannot pay taxes by the deadline, don't worry and never make a mistake of running from the IRS as they will do everything to get the money that you owe them. If you cannot pay, you are not alone in the situation, and several individuals go through the same, but what is important is to report your income by filing taxes. If your income doesn't match the bar of eligibility for taxes, you won't pay and if your income touches that bar, and you have expenses like purchased a home, paid your education loan, and even if you have paid medical bills, your taxes will be waived off. If your income is eligible for fees, and you cannot pay, then still IRS o...

Getting audited by IRS is not a thing that someone would want, and it is the worst thing you will go through but calm down. IRS doesn't audit anyone as they do it on purpose, which is if they find something suspicious in your filing. Mistakes in tax preparation are common because it is quite a lengthy process, and a lot of work to do. If you are filing yourself, consider you don't make the following mistakes while preparing. Data Entry Errors: This is the most widely recognized reason as whenever you move data starting with one spot then onto the next, you present the risk of transposing numbers, entering information inaccurately, and different missteps. Different mistakes happen because you know… math. An audit can be activated by something as necessary as entering your social security number inaccurately or incorrect spelling your name. Making math blunders is another trigger.  Failed to Report Income :  It very well may entice to leave a couple of dollars from ...