Tax Representation
If you receive a notice from the IRS or a state tax agency, we can help you figure out the right next steps, whether it is a simple misunderstanding that can be cleared up on a phone call, an assessment of penalties where abatement can be requested, or an audit where you would be best served with highly skilled representation, we will help work with you to get the most favorable outcome.
Cryptocurrency Taxes
Over the past few years, the IRS has been looking at tax returns that contain cryptocurrency with extra scrutiny. If a crypto exchange reports the sale to the IRS, many times the basis is not reported by the exchange, which results in the total sale price being treated as a taxable gain if it has not been properly reported on a tax return.
This can cause the IRS to send a notice for taxes, penalties, and interest. Sometimes this doesn't happen until months or even years into the future, at which point the amount being requested can be staggering. We can help you get ahead of this by reviewing prior year filings to ensure everything was reported correctly, as well as creating a personalized strategy to reduce your tax liability going forward.
Complex Tax Situations
Whether your taxes require Alternative Minimum tax calculations, you are subject to the Net Investment Income tax, owe foreign taxes on a portion of your income, or have some other complex circumstances that require extra attention, we are able to help you navigate your situation to ensure that you are in full compliance, and we will work with you to develop a plan that minimizes the tax you owe.