Bronx Tax Attorney and CPA
If you need help resolving tax problems in the Bronx, it’s important to bring in a Bronx tax lawyer familiar with both state and IRS tax matters. New York takes tax evasion and unfiled returns very seriously. As a result, the consequences of not filing or paying state taxes in New York can be serious.
One of the best ways to avoid audits is to practice impeccable tax preparation. But if you’ve already received a letter from the IRS or New York Tax Department informing you of an audit, it’s not too late to get help.
IRS Audit Representation
In some cases, taxpayers know exactly why they’re being audited. Sometimes, however, simple errors or random selection are behind audits. Trying to hide from the IRS isn’t a solution for handling an audit. To protect your rights, contact a Bronx tax attorney to help you work through the process. The IRS may find that you owe taxes and penalties at the conclusion of an audit. It’s also possible that no changes will be made to your taxes. You could even receive a refund if the IRS determines that you overpaid. In addition, if you feel that the findings of an audit are incorrect, you’ll have options for appealing the IRS’s findings.
New York Department of Taxation and Finance Representation
The Department of Taxation and Finance conducts audits to ensure that taxpayers within the state are paying what they owe. A state tax audit is never pleasant, but properly organizing all records requested by your auditor can help to make the process much smoother. State audits are very similar to IRS audits. The findings of an audit can result in additional taxes, a tax refund, or no changes at all. If you end up owing more in taxes than you can pay the state right now, you may be able to enter into an Installment Agreement (IA) that allows you to make smaller payments over time with help from a Bronx tax attorney.
New York Employment Tax Audit Representation
One of the most complicated audits is an employment audit that looks into how you’ve categorized and filed taxes for employees. If a former employee files for unemployment using a different category than what’s in your records, an audit could be triggered. Tax audits are often triggered when current or former employees provide tips to the New York Tax Department. You could also wind up on the radar of the NYS Department of Taxation and Finance if a similar company in the Bronx is caught conducting fraudulent acts regarding employment taxes and withholdings. When the integrity of your business is on the line, it’s important to bring in a tax lawyer in the Bronx with experience dealing with business taxes.
International Tax Attorneys in the Bronx, New York
If the Bronx is your base for global dealings, you should assess your tax liability as part of a broad plan for making all of your business activities compliant with local, state, federal, and international taxes. A Bronx tax attorney can help you address international tax compliance regarding any foreign assets, property, accounts, and investments you possess. Upgrading your tax strategy can also open up possibilities for structuring your portfolio for the most effective tax rate.
Criminal Tax Defense Attorneys Handling Tax Evasion Charges
Tax evasion in the Bronx doesn’t just apply to big-ticket fraud charges. Even something as simple as willfully failing to file your return one year can open you up to evasion charges. Fortunately, New York provides many opportunities for correcting unfiled or unpaid taxes. In many cases, getting caught up with unfiled returns can help to take the heat off the situation. For many people who owe back taxes, the first step to resolving the situation is getting a hold of their own tax records to see what the IRS sees. This is something that can be done with help from a Bronx tax lawyer.
Audit and Appeals Representation in the Bronx
The reality is that New York’s state auditors know every angle of their tax laws. This puts you at a disadvantage if you’re trying to make sense of an audit while everything is coming at you quickly. A tax attorney in the Bronx can help you to understand your rights throughout the audit process. If you’ve been handed a tax bill or harsh penalty following an audit, you have options for appealing as long as you act quickly to meet the very tight deadlines that are imposed by the IRS and the New York Department of Taxation.
Payroll, Employment, and Business Tax Lawyers in the Bronx
Tax relief solutions are waiting if you owe taxes in the Bronx! With help from the experienced tax lawyers and CPAs at Tax Group Center, you can approach your tax problem with resources that can potentially help you avoid harsh penalties and fees. The benefit of working with a dual-certified CPA and tax attorney in the Bronx is that you’re getting support for tax planning and tax defense from a single office. Tax Group Center’s team has helped clients deal with IRS and New York state taxes for 30 years. Contact us today for a consultation!