Cleveland, OH (PRWEB) February 23, 2013
CTR’s Richmond tax lawyer is urging taxpayers across the country to begin preparing for the 2013 tax season. CTR has long handled client tax debt problems and is also highly involved with helping taxpayers prepare their IRS income taxes. The official start of tax season has been moved by the Internal Revenue Service from January 22nd to January 30th to accommodate the many tax changes implemented by the so-called “Fiscal Cliff” bill.
“Families all over the country will want to talk to a local tax professional. You may not understand how the changes affect your family and income taxes until you speak to a local professional,” said a company representative. “Get in early before your trusted Irvine tax lawyer gets busy.”
Over a hundred and twenty million households will be able to begin filing income tax returns starting on January 30th. The vast majority of these taxpayers will be e-filing their income taxes. Taxpayers who decide to e-file their income taxes should be careful with the information they submit to the government.
“Incorrect income tax returns are a big deal. If the IRS decides the mistakes are purposeful, it could mean criminal charges. At the very least it will likely mean penalties and interest added to what an individual owes. Any taxpayer who chooses to e-file should triple check the return,” said CTR’s company representative. “At the very least, if you find out you’ve made a mistake, call a California taxpayer advocate and get advice.”
In addition strategizing filing, taxpayers are being advised to begin finding important tax and financial documents. The company’s employees have been trained on what to ask customer’s to find and how to remind them of what they will need to file their income tax returns. Individuals who fail to file their income tax returns by the tax due date will face a 5% penalty each month the return is not submitted.
“The maximum penalty for failing to file is 25% of the taxes you owe,” a CTR Spokesperson said, “Our Cleveland tax lawyer reminded us this week that our customers should start finding their documents as that is usually the most time-intensive part of filing income taxes.”
CTR offers tax debt resolution and tax services for individuals and businesses across the United States. The company uses a three step program to create personalized strategies to help taxpayers settle their IRS debt. The company offers many services, including: state and federal tax debt resolution, IRS audit defense, tax preparation and bookkeeping.