Back-Tax Return Preparation
The back-bone of any good resolution strategy with the IRS
and the State Taxing authorities is good accounting. We understand,
though, that sometimes a bad situation can lead to missed
tax filings, forgotten deadlines, and continuous extensions.
For any tax solution
to be successful, all missing returns must be filed, and the
full scope of our liabilities must be realized.
At Aspen Accounting & Financial Services, we specialize
in back-tax matters, and utilize all the tools available to
us to simplify and reduce your tax obligations. Oftentimes,
when we look at a case that has several missing tax returns,
we can find subtle strategies in the filing of these returns
that you may not have noticed had the returns been filed on
time. These minor changes can sometimes save you money on
your tax returns, defer balances to more recent periods with
reduced penalties and interest, or more creatively utilize
your refunds.
When combined with a back-tax resolution plan addressing
delinquent taxes, our ability to handle all aspects of your
case becomes invaluable. When you have deadlines to meet,
it is much easier to deal with a single firm to accomplish
your goals, rather than orchestrate a major effort between
your bookkeeper, accountant, and tax representative. If we
need additional time, or need to obtain an extension for a
tax return, we are more likely to obtain it than a firm that
does not have in house accounting and bookkeeping, because
we can outline a precise timeline and advise as to the reasons
for the delays - all without involving any third parties.
Additionally, by completing all of your tax returns at once,
we can typically offer discounted rates for their filing.
By tackling several years of fiscal data, we become intimately
acquainted with your financial situations and can utilize
this knowledge to find solutions for you that may simplify
your tax situation in the future. In acquainting ourselves
with your tax history, we can tell the direction you may need
to take in the future, and we can prepare for the changes
that will affect your tax situation, all with the intent of
saving money in the future.
If you have forgotten to file, or need to make changes for
past years' returns, contact Aspen Accounting & Financial
Services. Remember, it is never too late to "Turn
over a New Leaf".
