Freequently Asked Questions
How Can We Help You?
What services do you offer?
We specialize in tax preparation, bookkeeping, payroll, IRS representation, and financial planning for individuals and small businesses.
Do you offer free consultations?
Yes, we provide a free 30-minute initial consultation to discuss your financial needs.
Can you help with IRS audits?
Absolutely! We handle all communication with the IRS, ensuring your rights are protected and resolving issues efficiently.
Tax Preparation FAQ’s
Can you help with filing prior-year taxes?
Absolutely! We can file prior-year tax returns for up to three years and review them for potential refunds or errors.
How soon will I receive my refund?
Refunds typically take 2-3 weeks when filed electronically, though processing times may vary depending on the IRS.
Can you help if I filed my taxes incorrectly?
Yes! We can amend your tax return to correct errors and ensure you receive the deductions and credits you’re entitled to.
Small Business Services FAQ’s
How often should I update my business’s financial records?
Ideally, financial records should be updated monthly to ensure accuracy and informed decision-making.
Can you assist with QuickBooks setup and training?
Yes, we can help you set up QuickBooks and provide training to manage your business finances effectively.
Do you offer financial statements for loan applications?
Yes, we prepare professional financial statements to help you secure business loans or financing.
IRS Representation FAQ’s
What should I do if I receive an audit notice?
Contact us immediately. Forward the notice to us, and we’ll handle the communication and documentation required for the audit.
Can you negotiate with the IRS on my behalf?
es, we can negotiate payment plans, offers in compromise, and other solutions to resolve tax debts and penalties.
What is penalty abatement, and can you help me qualify?
Penalty abatement is a reduction or removal of IRS penalties due to reasonable cause. We can help you determine eligibility and file the necessary requests.
Financial Planning FAQ’s
How can financial planning benefit me?
Financial planning helps you manage your budget, prepare for life events like buying a home or retirement, and maximize your savings.
Do you offer retirement planning services?
Yes! We provide personalized strategies to help you save for retirement and reduce tax liabilities on distributions.
Bookkeeping and Payroll FAQ’s
How do you ensure payroll compliance?
We stay up-to-date with federal and state regulations to ensure your payroll taxes and filings are accurate and compliant.
Can you handle payroll for businesses with remote employees?
Yes, we provide payroll services for businesses with local and remote employees, ensuring accurate calculations and tax filings.
Do you provide bookkeeping for non-profit organizations?
Yes, we offer bookkeeping services tailored to the unique needs of non-profit organizations.
Trusted Tax & Accounting Services
Your Trusted Partner for Tax and Accounting Solutions in Ocala and Citrus County, FL