Douglasville Professional Tax Planning and Expert Bookkeeping
Even better than cramming all of your tax work into a short time frame is creating a plan to optimize your finances throughout the year. This is called a tax plan, and RWB has individuals who are trained professionals at developing and helping to implement these tax plans. Tax plans can help you save money, get a bigger tax return, and better manage your finances. They work best in conjunction with a financial plan. If you already have a financial plan, then a tax plan can be a great addition. If you don’t already have a financial plan, our experts can help you develop one!
A good financial plan can save you and your family thousands of dollars a year. That alone should be enough to justify making one, but why should you let our professionals in Douglasville, GA help you? Our tax experts have many years of experience in keeping individual books and efficiently managing finances. Many individuals find it beneficial to let an objective third party help with your finances, as they are not biased by your personal preferences of what you think may be important that actually isn’t. This can lead to even more savings than previously thought possible!
Did You Receive a Letter From the IRS? Don’t Worry! Let Us Help!
When you file your taxes every year, you may have a feeling of anxiety hoping that you’re not making any mistakes. This is a common worry, as no one wants to have the Internal Revenue Service (IRS) breathing down their back. Sometimes, however, the IRS will still send a letter out, regardless of if your taxes were filed perfectly or if mistakes were made. The IRS may have found an issue with your taxes, or you may just be a randomly selected audit. When you initially receive the letter, it can be tough to keep your composure and work out what the letter actually says. Because of this, we have created a list of steps you can take if this happens to you.
- Stay Calm, but Don’t Ignore the Letter
- Stay Vigilant for Scams
- Review the Contents Carefully
- Take Action in a Timely Fashion
It’s easy, and completely reasonable, to panic when you first see a letter from the IRS in your mailbox. While a completely normal response, you should try to avoid this. It is important to keep a level head in this situation so that you can read the letter and understand what needs to be done. More often than not, you haven’t made a huge mistake to draw the ire of the IRS, so you shouldn’t assume that you did. Equally important, however, is that you don’t ignore the letter. Ignoring the letter can turn the small issues into a much, much larger one.
Unfortunately, we live in a world where people will try to take advantage of the concerns of others. Many different companies exist for the sole purpose of scaring individuals into paying them as they pretend to be an important government agency, such as the IRS. The truth is, the IRS will only ever contact you through the mail and it will be clear that it is the real deal. If you’ve been contacted by the IRS and are concerned about the legitimacy, stop by our office and we can help you.
The letter itself may have language that is difficult to understand, and deciphering the contents can take some time. We recommend reading through the letter a few times to ensure that you completely comprehend what is being asked of you. If you have any confusion or uncertainties about the contents of the letter, do not hesitate to get help. Our tax professionals are experienced in helping individuals with letters from the IRS and can help you understand what you need to do.
While you shouldn’t rush into doing something in response, you also shouldn’t take too long. Once you understand what you need to do, you should work on completing it quickly before too much time passes. It is also worth noting that you are typically not required to contact the IRS in response to the letter unless the letter explicitly asks you to do so.
If you have received a letter from the IRS and are panicking about what to do next or are confused about the steps you should take, don’t worry. Our Douglasville Tax Experts can help. Feel free to stop by or call us at 770-456-9980 and have one of our specialists help you in this difficult time.