tax return

Our Audit Defense Specialists will help you respond to an IRS Audit.

An IRS audit can be triggered by irregularities on a taxpayer's tax return or simply because the tax return has been selected at random to be audited.

We Can Save You Thousands on Filing Late Tax Returns

Some clients are only behind a year or two in filing late IRS tax returns, others need to catch up on their tax filings back to the late 90's or farther. Regardless of how far behind you are in filing IRS or State back taxes, our team of experienced tax preparers can promptly prepare accurate returns, while aiming to minimize the risk of audit, enforced tax collection or criminal prosecution by the taxing agencies.

By Bob Poeschl, EA

IN THIS SERIES OF ARTICLES WE WILL LOOK AT THE FOLLOWING ENTITIES THAT THE IRS RECOGNIZES FOR TAX PURPOSES.

SOLE PROPRIETORS
SINGLE MEMBER LLC’S
PARTNERSHIPS
MULTIPLE INDIVIDUAL LLC’S
CORPORATIONS “C” AND “S” TYPE
TRUSTS
ESTATES

DEFINITION OF A SOLE PROPRIETOR

1. AN INDIVIDUAL OPERATING A BUSINESS. THIS COULD INCLUDE A HUSBAND AND WIFE. MARRIED COUPLES ARE NOT CONSIDERED PARTNERS AND ARE NOT TREATED AS PARTNERS UNLESS THEY ARE NOT IN A COMMUNITY PROPERTY STATE AND/OR THEY FILE MARRIED FILING SEPARATE RETURNS.