Few pieces of mail inspire more dread than a notice from the State or the IRS. If the taxing authorities have been stressing you out, let us help.
If you have unfiled tax returns, we’re here to reduce your interaction with the taxing authorities.
If you’re about to be audited by the IRS, allow us to help. Our team of certified public accountants in Maui knows how to correctly represent you in front of the authorities.
Even if you didn’t pay your taxes, our State representation services can assist you with getting into compliance with the IRS.
Do You Have Years of Unfiled Tax Returns?
If you have unanswered IRS and State notices or issues, we can help lower your resulting stress. We have multiple CPA’s on staff with experience corresponding with the IRS and State of Hawaii Department of Taxation. Our CPA’s will work with the IRS or State on your behalf, reducing your interaction with the taxing authorities.
Auditors are trained to exploit a taxpayer’s lack of knowledge about the tax code, which is why you should never attempt to go through an audit alone. Allow one of our experienced CPAs to guide you through the process and keep the taxing authorities from claiming more than their fair share.
Even if you can’t pay the tax right away, it’s better to file on time than to wait until you can pay. The IRS charges a late filing penalty of 5% of the unpaid balance for each month or part of a month that the return is late, with a maximum of 25%. By contrast, the IRS charges half a percent interest each month for late payments. By filing on time and paying the tax later, you can save yourself up to 25% in late filing penalties.
In addition, the IRS offers installment plans for qualifying taxpayers who are current with their tax filings but need more time to pay. Under an installment plan, the interest rate is reduced to a quarter of a percent if the return was timely filed. If you have a bill with the IRS that you can’t pay off, contact us to help you get into compliance with the IRS and set up a payment plan
Our CPAs also offer assistance with the following: