Individual and Business Tax Preparation
Our experience in tax preparation provides a quality of service that is beyond comparison.
Are you tired of the impersonal approach of the big tax preparation chains? Tired of being shuffled in and out in 15 minutes? At Pereira and Company, we take our time doing your taxes. We discuss your situation and try to find every deduction and credit you are legally entitled to. It might take a little longer, but our clients don’t seem to be in a hurry. They want their taxes done correctly!
Here’s what you will get…
Your tax return will be checked and rechecked by our computer software identifying potential problems. Your tax return can be filed electronically so you will get a refund back quicker. Our staff will show you how to adjust your payroll withholding to get more money back each week. Why give the IRS an interest free loan for up to 16 months? We will show you potential deductions to limit your tax liability for next year. In addition, we will give you a sheet of commonly overlooked deductions to limit the following year’s tax liability.
Small Business Accounting
As a small business owner you have more important things to do than to keep your own books. We take care of your books for you, so you can get back to the job of running your business and generating profits!
Each month or quarter we’ll do the following things for you…
Reconcile your bank account Generate an income statemen tGenerate a balance sheet Clean up your general ledger. Provide unlimited consultations. These tasks form the solid foundation of your small business accounting system. You can customize the package of services you receive by adding payroll, tax planning, tax preparation, or any of our other services.
IRS Representations and Back Taxes
Failure to File (Filing Back Taxes)
Not filing your taxes can happen for many reasons. The most important first step is to get up to date and file your back returns. Our Atlanta CPA firm will work with the IRS on your behalf to resolve any past issues, file your back taxes and do all we can to minimize your back tax debt and any penalties associated with your failure to file.
The IRS will not allow you to use other tax debt relief options like an Offer in Compromise or Installment Agreement until your back taxes are filed. Once the back tax returns are filed we can work with the IRS to arrange alternate payment methods if you are unable to pay the balance due.
IRS Tax Liens and Levy
Never ignore a notice from the IRS – it can have very serious consequences. The IRS can place a lien on your property, house, car or wages or even go as far as seizing your property in order to collect the back taxes. Contact our Baltimore accounting firm immediately so we can begin to negotiate on your behalf. When you work through an accounting firm, it can show the IRS that you are trying to resolve the issue quickly.
Wage Garnishment is one of the ways the IRS uses to collect the taxes you owe. If they contact your employer they will demand that your employer send part of your wages to the IRS to cover your tax debt. If your wages have been garnished, contact our Baltimore IRS specialists immediately. We will contact the IRS to potentially work out an arrangement to settle your debt and have the wage garnishment removed.
Tax Settlement Options
- Offer in compromise
Not everyone will qualify for an Offer in Compromise (OIC), an agreement between a taxpayer and the IRS, that can help you settle your tax debt for less than what you owe. We are experienced tax professionals who have experience negotiating Offers in Compromise with the IRS. Contact us today so we can determine if your situation qualifies for this special program.
- Installment agreement
When you cannot afford to pay your tax debt immediately, we can help you negotiate an Installment Agreement with the IRS. This type of payment plan option is good those who cannot afford a lump sum payment to cover their tax debt.
- Currently Not Collectible
When your account is placed into a Currently Not Collectible status, that means that your account is removed from the IRS’ active collection status. There are very strict guidelines for people who qualify for this status. Contact us today so we can help you determine if you qualify.
- Penalty and Interest
We are experienced at representing clients before the IRS to negotiate lower penalties or interest payments on back taxes. Sometimes it is possible to have the penalties and interest completely removed, depending on the situation.
We Can Help. Call Today!
We offer a complimentary, confidential tax analysis. Call us today at 678-799-7772 and tell us how we can help you.