There are many issues that can arise when dealing with the IRS. Whether it be an individual or a business owner, filing taxes with a professional is a must for ensuring no problems arise in the process. It is especially important a person gets help from the Financial Services in Melbourne FL if they are dealing with an IRS audit. With this information, individuals will better understand what they can expect from these services.
How to Prepare For These Services
It is imperative a person is properly prepared for getting help with filing their taxes. There are several steps that should be taken when scheduling an appointment for financial services in Melbourne FL. The following are some of the documents that will need to be gathered before the appointment.
* Any W2s for themselves or their spouse
* Forms for any Social Security benefits
* 1099 forms for those who are considered independent contractors
* Form 1095-A which reports insurance coverage from the marketplace
* Form 1098 showing any mortgage or student loan interest payments
* Form W2-G for reporting any gambling income
* Schedule K-1 for certain types of corporations and estates
What Can Individuals Expect From These Services?
The IRS estimates around 60% of all individuals choose a professional tax preparer to prepare their taxes for them. Not only does this help to ensure the taxes are filed correctly, it also helps to eliminate some of the risks of being audited.
If a person is audited by the IRS, they will have the backing of the company to help them through the audit which makes the process much less stressful to deal with for many. Working with a professional to file a person’s taxes saves time and aggravation.
Other services provided by the company include the following.
* Unfiled tax returns
* Bank levies
* IRS debt settlement
* Wage garnishment
* IRS audits
* Property tax reduction
* IRS payment plans
If you are in need of professional help with filing your tax return and would like to learn more about these services, browse our website. Call the office today and they will be happy to help you through the process so your taxes can be filed correctly.
