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Tuesday, August 3, 2010

Filing Back Taxes


Filed Several Years of Back Taxes The tax payer drove up from Indianapolis IN. He has not filed a tax return in over a decade. He has not filed in such a long time the IRS does not have him in their computer system. The tax payer retained the firm to file his back returns, determine what he owes and negotiate a repayment plan. This client is the most basic of successes. He presented the firm a problem and paid the firm to resolve the problem. We are a results orientated company we strive to make a success story out of every engagement.

 Income Tax Exclusion Helped A Client The tax payer lives and works abroad. He needed a couple of years of back taxes prepared. After we prepared the returns the client ended up owing $40,000. However, if we had not helped him with the foreign income tax exclusion, he would have owed $70,000 or more. Penalties and interest would have pushed the balance over $100,000. We saved this client tens of thousands of dollars. This was a smashing success story. If you have worked abroad, call the firm we might be able to save you some tax money.

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