But if they can't pay, a whole new set of problems confronts them. The collection process requires a strategy different from that employed during the audit process. We can help the client or practitioner through the collection process and have experience dealing with all federal and state taxing authorities. If they do qualify, our specialists will work to negotiate as favorable a settlement to the client as possible. A little tax planning goes a long way.
Taxes are a big expense of doing business.
To properly plan to minimize taxes before the taxable event has occurred is simply good business. Proper tax planning may reduce a client's audit exposure thereby saving the client tax representation fees otherwise incurred if the client had to defend a tax position for which poor, little or no tax planning was done. After reviewing the client's business, we'll develop a plan to reduce the client's federal, state and foreign taxes consistent with their business goals. In order to provide the highest quality of tax planning, our specialists have access to the latest tax research.