Written by Scott Allen

File back taxes Phoenix AZ & reduce liability

Can you file back taxes Phoenix AZ to reduce your liability?

You may have to file back taxes Phoenix AZ for a number of reasons. Maybe you have never filed to begin with. Maybe you need to amend a previous filing. Maybe you need to protest a filing through audit reconsideration.

Ray was a client of Tax Debt Advisors who had many years of unfiled tax returns. The IRS had selected a couple of those years and filed tax returns in his behalf. However, the IRS filed the tax return in the quickest, easiest way possible resulting in an exaggerated high balance owed. They did not take into consideration any business expenses, cost basis of property sold, and spouse and dependents to claim.

After Scott Allen EA was able to analyze Ray’s entire picture with the IRS he began the tax preparation phase. Starting with this 2005 tax return they protested the IRS’s substitute for return filling with one of their own.  As you can see by viewing the notice below that Ray’s liability was successfully reduced by well over $200,000. Congratulations Ray!

 

File Back Taxes Phoenix AZ

File Back Taxes Phoenix AZ

Scott Allen EA has the ability to represent you before the IRS when you file back taxes Phoenix AZ. As your power of attorney he will stop IRS action and get you in the driver seat. You will know exactly what needs to happen to get you in compliance with the Internal Revenue Service. After you are in compliance he can then negotiate a settlement with them.  Scott Allen EA does not charge for an initial consultation.  Don’t delay any longer what you know you need to take care of now.

More Back Taxes Filed and Reduced in 2019

Robert was a client who was far behind in his tax preparations. So far behind that the IRS filed returns for him. When they filed his 2010 tax return he owed the IRS over $220,000.

Wow, that is a lot of money!

When Robert met with Scott Allen EA to file back taxes Phoenix AZ he came up with a much better outcome. The notice below will show you the results of the substitute protest filing they did.

File Back Taxes Phoenix AZ

There is good news and bad news with this result. All the taxes were able to be wiped out. In fact, the return is showing a $29,000 refund. Why might there be bad news you are thinking? The IRS has a rule that refunds expire after three years. Because Robert waited until 2019 to file this return he will not see this refund. The IRS keeps it.

Don’t be a victim of losing out on refunds. If you have unfiled tax return with the IRS, meet with Scott Allen EA of Tax Debt Advisors and get compliant right away.

Written by Scott Allen

Tax Preparation in Phoenix AZ

Where to go for Tax Preparation in Phoenix AZ ?

There are hundreds of options for tax preparation in Phoenix AZ; but only a small fraction of those are options for back tax preparation.  Scott Allen EA of Tax Debt Advisors is a premier choice when it comes to back tax preparation.  His company, that he purchased from his father 10 years ago has been specializing in just that for 41 years now. If you are behind on your tax filings whether you have your records or not, meet with Scott Allen EA today. He can guide you step by step during the entire process. View the image below to see a recent success he had for his client Frank. Some might not even bother to try and fix an issue dating back to 2004 but upon proper research within the IRS it was determined that we could in fact prepare the back tax return and actually have the IRS refund money back to the taxpayer. What could you do with over $6,000 of your own money that the IRS owed you?

 

Tax Preparation in Phoenix AZ

Tax Preparation in Phoenix AZ

With Tax Debt Advisors you will explore all available option when it comes to tax preparation in Phoenix AZ. Don’t delay as options can become limited the more time that passes.

Written by Scott Allen

Looking to reduce IRS debt in Phoenix AZ

Is there an option to reduce IRS debt in Phoenix AZ?

For Nathan the answer was Yes! Nathan had received a bill on his 2008 tax return for over $20,000.  The catch is that Nathan had never filed his 2008 tax return as was unsure how the IRS had come up with that assessment.  They were threatening to file a wage garnishment and knew he needed to act quick.  He quickly met with Tax Debt Advisors to evaluate ways to reduce IRS debt in Phoenix AZ.  If you view the image below you will be able to see the actual result of the work done by Tax Debt Advisors.

Reduce IRS Debt in Phoenix AZ

Reduce IRS Debt in Phoenix AZ

By correctly investigating Nathan’s account with the IRS, gathering up the necessary documentation, and securing a stop to all collection activity Scott Allen EA was able to reduce Nathan’s taxes by over 50%. When the IRS filed their own assessment on this they accounted for Nathan’s gambling winnings as gross income unable to account for his gambling losses.  By gathering up the loss information from the casino and properly protesting the tax returns the reduction in IRS debt was successful.

Don’t become the next victim of the IRS.  Put the power in your hands by hiring Scott Allen EA of Tax Debt Advisors today.  His office is near Phoenix AZ and will meet with you for a free initial consultation.

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Written by Scott Allen

IRS Settlement in Mesa AZ: Case Closed

Can you qualify to get your “Case Closed”?

Congratulations to Stanley who was able to get his IRS settlement in Mesa AZ completed with help from Tax Debt Advisors.  The image below shows the acceptance from the IRS of getting Stanley’s IRS debt into a currently non collectible status.

IRS settlement in Mesa AZ

IRS settlement in Mesa AZ

Because Stanley is in a currently non collectible status he does not have to pay a single dollar on his prior IRS debt.  Yes, there are conditions.  The conditions are to file his future tax returns on time and to pay his future taxes owed on time.  Scott Allen EA helps keep Stanley in compliance every year by using his services for yearly tax preparation.  Every year Scott and Stanley are able to update each other about his current situation and evaluate his IRS settlement in Mesa AZ to see if its still the best option for him.  An IRS settlement does not have to be a permanent solution and better options may become available.  Its important to use an IRS Power of Attorney who stays current with the new laws and regulations of the IRS on a yearly basis.  Scott Allen EA of Tax Debt Advisors does exactly that.

Put his experience to work for you.  If you have an IRS delinquency that needs attention, meet with Scott Allen EA for a free consultation.  If there are ways he can assist you if will show you that.  If there is nothing he can do to assist you he will let you know that as well.  Scott Allen EA does not want to take on your case unless it is in your best interest…PERIOD.

Written by Scott Allen

Mesa AZ Tax Preparation Service by Scott Allen EA

Scott Allen EA

Scott Allen EA

If you are “hunting” for a new tax preparer either because you are unhappy with your current situation, tired of doing them on your own, or just move near Mesa AZ please consider Scott Allen EA.  Scott purchased his family tax practice several years ago from his father and is about to start his 10th tax season in a couple months.  His father started preparing tax returns in 1977 and has passed his valuable knowledge onto his son.  His company specialized in Mesa AZ tax preparation for individuals and small businesses.  He enjoys getting to know his clients and building the valuable relationship of trust with them.  Many new clients that meet with Scott Allen EA for Mesa AZ tax preparation come from using large national tax preparation firms where you feel more like a number then a client.  You will not be a number with Scott and with the very first step you take into his office you will know you came to the right place and you level or tax stress will drop.

Scott Allen EA promises straight answer and follow through service.  He will not sit on your tax file and take 5 weeks to finish the tax preparation in Mesa AZ. Upon having all the necessary documents to finish the taxes he will have them completed within 48 hours – GUARANTEED.  He is licensed to prepare taxes for all 50 states and if necessary deal with any IRS issues that may come up.

Scott Allen does not charge for an initial 30 minute consultation to review your Mesa AZ tax preparation needs.  He is competent in the preparation areas of personal 1040 along with business schedule C and rental schedule E forms.  He can also handle business S-corp and partnership 1065.

Call and speak with Scott Allen in Mesa today.  480-926-9300

Visit his Facebook page.

Visit his YouTube page

Address:  3155 E Southern Ave  Suite 101  Mesa, AZ  85204

Written by Scott Allen

Tax Preparation in Mesa AZ

Hi, this is Scott Allen EA and I am licensed to handle Mesa AZ tax preparation services.  Our business is family owned since 1977.  That’s 38 years of doing individual and business tax returns.  I offer a free initial consultation to review your tax return from last year and to evaluate your Mesa AZ tax preparation needs.  I pride myself on quick follow through service.  Once I have all of your information to prepare your tax return I will have the tax preparation in Mesa AZ done within 24-48 hours.  My office is located in Mesa AZ 85204 off of Southern Avenue.  This year avoid the hassles and stress of doing your return on your own; have it professionally prepared.  For all new clients I offer a 10% discount if you switch to me from your previous professional preparer (for an equivalent tax return).  Bring in a copy of last years return along with the paid invoice.  Call today and talk personally with myself, Scott Allen EA.  480-926-9300.

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Visit his YouTube page on Mesa AZ Tax Preparation Service.

 

Written by Scott Allen

IRS tax help for the Arizona Construction Industry

Arizona IRS Tax Help

There is only on germ or virus is more contagious than any other to the construction industry—that is virus of bad IRS advice pass amount your own peers.  If you want accurate information that you can rely on get it from a professional in another field that specializes in that subject.

Most construction professionals get into trouble with the IRS due to bad advice, especially in the areas of independent contractor/employee issues, the structuring of their business, and what they can take as business and personal deductions, and the lack of making no estimated tax payments towards current year tax liabilities or claiming exempt on their W-2 withholdings.

We can help Arizona construction industry professionals in the following specialties:

Electricians, Concrete Workers, Plumbers, Roofer, Dry Wall and Plaster Workers, Architects, Inspectors, Project Managers, Landscapers, Painters, Glazers, Framers, Tile and Flooring Workers. 

Why is the IRS making the construction industry a target for IRS audits?  First, is the lack of filing tax returns.  The construction industry has the lowest compliance rate among all the professions.  Second, lack of making tax payments in the form of estimated taxes or having withholdings on W-2’s wages.  Employers in the construction industry typically want to pay their workers as if there were independent contractors.  Hence, no withholdings are being paid by the employers and the workers fail to pay estimated taxes.

If you receive a notice of being audited by the IRS—take it very seriously, get professional help.  If one year has significant changes that produce additional revenue to the IRS, it is highly probably that the audit will be expanded to other years.  The IRS knows that bad practices regarding IRS matters are very contagious in the construction community.  Call me today for a free initial confidential consultation.

Scott Allen E. A. – Tax Debt Advisors, Inc

IRS tax help for the Arizona Construction Industry from Tax Debt Advisors, Inc

Mesa, Apache Junction, Avondale, Buckeye, Carefree, Cave Creek, Chandler, El Mirage, Fountain Hills, Gila Bend, Gilbert, Glendale, Goodyear, Komatke, Litchfield Park, Luke AFB, Paradise Valley, Peoria, Phoenix, Queen Creek, Scottsdale, Sun City, Sun Lakes, Surprise, Tempe, Tolleson, Waddell, Whitman, Wickenburg, Youngstown, Flagstaff, Tucson, Payson, Winslow, Sierra Vista, Page, Prescott, Globe, Yuma, Lake Havasu City, Kingman

 

Written by Scott Allen

How to avoid an IRS audit in Arizona? IRS help from Tax Debt Advisors, Inc

 Avoid IRS Audit for Arizona Residents

  • Use a tax program.  Manually prepared returns are pieces of paper begging for attention.
  • Don’t believe all the advice that shows up on the internet and news shows during tax filing season.  Some of the advice I have heard would actually increase the likelihood of being audited.
  • Extend the filing of your return.  I have yet to have a client come in for an audit that filed a return right before the October 15th deadline.  Of course the return has to be filed correctly.
  • Report all income that the IRS knows about.  That would include all W-2’s, 1099’s and K-1’s—especially the ones that your thought were not going to be reported to the IRS.
  • Avoid the home office deduction.  I have literally had to charge some clients more for the preparation of this tax form than the benefit they were getting.  The home office deduction is rarely worth the tax savings and the risk of an audit.  If you have a home office deduction that amount to $1,000 and you are in a 15% tax bracket the savings is only $150.

But if you do get audited, get professional help.  It will pay for itself each year you file in the future and minimize your exposure for the year or years being audited.

Scott Allen E. A. – Tax Debt Advisors, Inc.

How to avoid an IRS audit in Arizona?  IRS help from Tax Debt Advisors, Inc

Mesa, Apache Junction, Avondale, Buckeye, Carefree, Cave Creek, Chandler, El Mirage, Fountain Hills, Gila Bend, Gilbert, Glendale, Goodyear, Komatke, Litchfield Park, Luke AFB, Paradise Valley, Peoria, Phoenix, Queen Creek, Scottsdale, Sun City, Sun Lakes, Surprise, Tempe, Tolleson, Waddell, Whitman, Wickenburg, Youngstown, Flagstaff, Tucson, Payson, Winslow, Sierra Vista, Page, Prescott, Globe, Yuma

 

Written by Scott Allen

Why am I being audited by the IRS in Arizona: IRS help from Tax Debt Advisors, Inc

Why am I being audited by the IRS

The most common reasons include:

  • If you are self employed and deal in cash such as restaurants, hair salons and contractors, you are in a high risk of audit situation.  The obvious reason—it is easy to put the money in your pocket and not report it on your return.
  • If you make large cash deposits into your bank account.
  • If you claim deductions that are almost as much as your reported income.
  • If you leave off of your return income that was reported to the IRS including     W-2’s, 1099”s, and K-1’s.
  • Unusually high charitable donations, especially those that are household items that are often overvalued.
  • Math errors on your tax return.  Using a computer program will avoid the math errors that go unnoticed on a paper return filled out and mailed in on April 14.
  • If you are using a tax preparer that the IRS has discovered was overstating deductions and generating large refunds.  In most cases, clients coming to us for this reason were actually aware of the practice but chose to ignore it believing that they would not be audited and that the IRS would not hold them accountable for all the interest and penalties and additional taxes if caught.

Use some common sense here and consider the agony that a bad audit will cause you financially and perhaps professionally and with your marriage.  This is probably the main reason why so many taxpayers are filing for innocent spouse protection.  One spouse, usually the husband is filing joint returns that if audited are going to result in large tax debts.  Bad returns are ticking time bombs.  The danger is that when the first one is not audited the taxpayer will becomes more bold and continue the practice in the following years and takes greater and greater risks until the IRS knocks on their door.

Scott Allen E. A. – Tax Debt Advisors, Inc.

Why am I being audited by the IRS in Arizona:  IRS help from Tax Debt Advisors, Inc

Mesa, Apache Junction, Avondale, Buckeye, Carefree, Cave Creek, Chandler, El Mirage, Fountain Hills, Gila Bend, Gilbert, Glendale, Goodyear, Komatke, Litchfield Park, Luke AFB, Paradise Valley, Peoria, Phoenix, Queen Creek, Scottsdale, Sun City, Sun Lakes, Surprise, Tempe, Tolleson, Waddell, Whitman, Wickenburg, Youngstown, Flagstaff, Tucson, Payson, Winslow, Sierra Vista, Page, Prescott, Globe, Yuma

 

Written by Scott Allen

How long before the IRS discovers I have unfiled tax returns? From Tax Debt Advisors, Inc.

“I have unfiled tax returns…”

It may take several years before the IRS will contact you regarding unfiled tax returns.  However this works against you.  The interest and penalties on unfiled returns can double the amount you owe in just a few years.  As time goes by many records that can reduce your liability have been lost.  Your memory of what happened several years ago will fade and you will likely pay much more on your taxes if you had filed returns sooner.  Many clients miss one year and when nothing happens another year goes by and then another.  Before you know it six or seven years has passed and your tax problem will be getting more difficult to deal with each deadline missed.  There is also a serious psychological burden carried when you have unfiled tax returns.  You know that a day of reckoning will come and decisions that can be made are postponed and opportunities will be permanently lost.  Time is never on your side when you have unfiled tax returns.  By filing returns on time even if you do not have the money to pay taxes owed is far better than not filing and taking on additional penalties and interest.  Call me today for a free confidential initial consultation to get started.

 Scott Allen, E.A. – Tax Debt Advisors, Inc for unfiled tax returns in Arizona

www.TaxDebtAdvisors.com

 

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