Income Tax Preparation Services From TaxHelpMD
A lot goes into income tax preparation each year, and it’s not uncommon to feel overwhelmed or have questions. Fortunately, you have access to friendly experts who are ready and waiting to help with everything from current taxes and unfiled taxes to a substitute for return (SFR). Tax Help MD provides several income tax preparation services to help you get everything filed correctly and on time.
Income Tax Preparation Services
When choosing someone to help you with your taxes, you want the best, especially if you have unique circumstances. Maybe you need help with substitute file tax returns, or you own a business and aren’t sure which expenses count as deductions. Some of the IRS and SFR tax services we provide include:
- Revenue Officer Assistance
- Innocent or Injured Spouse
- Payroll Issues
- Unfiled Tax Returns
- Audit Representation
- Penalty Abatement Form
- IRS Payment Plan or Partial Pay IA
- And More
These services will ensure you are compliant with the IRS and avoid penalties such as late filing fees and interest on top of what you already owe, as well as bank levies and property liens.
How Do Tax Resolution Companies Work?
After you contact Tax Help MD, you’ll participate in a free consultation to discuss your unique needs. If you wish to proceed with our services, you’ll sign documents allowing us to legally represent you and file your taxes on your behalf. After we have acquired the necessary tax documents, we will create a plan and discuss a course of action with you.
Finally, our experts will proceed with the completion of all legal steps required to bring you to full compliance. We will do our best to help you understand every step of the tax preparation process and keep you fully informed at all times.
IRS and SFR (Substitute for Return)
If you fail to file a tax return, the IRS may use information it has access to, such as employers and bank accounts, to file a return for you and collect your balance. This is called a substitute for return, or SFR. This typically happens when you have filed previously or they have income documents for you, such as a W-2, but you have not filed for a couple of years. They may also place a levy on bank accounts or wages, or file a lien on your property.
If the IRS files this return for you, you miss out on many exemptions and benefits, making your final balance larger than normal. It is possible, however, to refile and correct this oversight. A tax resolution company, such as Tax Help MD, can help you get the best possible return, even for substitute file tax returns.
Contact TaxHelpMD Today for Help Preparing & Filing Taxes
Schedule an appointment with Tax Help MD for assistance with income tax preparation, including IRS and SFR, as well as any other unique circumstances you are facing. Let us help you get caught up on past returns, file correctly, and get the most from your tax returns.