Sometimes people call the office stating that they are several years maybe even 20 or more years behind on filing taxes. They are a panic because they think they have to file all 20 years to be compliant. Or, they received a tax bill notice for a year that IRS has filed a substitute return. We listen carefully to their story to figure out how we can help.
After understanding the client's situation we pull the client IRS transcripts to get a clear picture of their situation. Most of the time getting the client in tax compliance is the place we start. But, what is tax compliance? According to the Internal Revenue Manual 1.2.14.1.18, federal tax compliance is the filing the last 6 years of tax returns. Also, included in tax compliance is making estimated tax payments, having proper withholding, and making payroll tax deposits?
Marcelino Dodge of Cash Tracks Financial works to not only get you tax compliant, but also will analyze your situation to determine the best strategy to use to lay your tax issues rest for good.
Cash Tracks Financial of Colorado Springs
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