TAX PREP
At Fortune Tax Management, our CPA’s work consistently to keep up with the ever changing tax laws. We use our professional judgement and experience to ensure our clients take full advantage of tax benefits while staying within those laws. Our tax consultants provide you with the best advice to make the tax efficient decisions fit for your lifestyle.
INCLUDED SERVICES
TRANSCRIPT ANALYSIS (TAX ACCOUNT REVIEWS)
Transcript analysis is the first step to investigate your record of account. This process is also known as compliance check and begins immediately in order to determine if you have any outstanding filing requirements. This information is obtained directly from he IRS and discloses the amount the IRS claims that you owe, including penalties and interest, the years for which you owe, and any unfiled tax returns.
UNFILED TAX RETURNS
Every wage earner and business is required to file tax returns. If you do not file your returns for more than three years and owe back taxes, the IRS can file criminal charges against you and proceed directly to collection action. The IRS can also file a Substitute for Return or “SFR” on your behalf. The IRS will file returns in the best interest of the government, therefore, the IRS will claim that you owe more than you actually do, because they assume that you don’t have any deductions or exemptions.
