The company’s tax preparation specialists have the training to defend taxpayers against penalties and audits.
Jersey City, NJ (PRWEB) March 09, 2013
CTR’s Jersey City tax lawye r has been redesigning the programs it offers to get better results for taxpayers. In addition to modifying IRS debt relief and penalty abatement services, the company has made changes to its income tax return program. As tax laws change, so do the forms that need to be filled out. The main factors in maximizing the amount that an individual can receive from their return are claiming the right deductions and keeping a strict financial record throughout the year. A well-kept financial record will help a tax preparer make sure that a tax return will be filed properly.
At CTR’s La Canada Flintridge tax lawyer, taxpayers that have used this new service have seen significant increases to their tax refunds. To guarantee that credits are handled the right way, an individual needs a thorough understanding of what qualifies for a deduction. There are several categories of expenses that can be deducted on an income tax return. Charitable non-cash donations, an educator’s expenses and energy improvement costs for a home are on the list of IRS approved deductions. To ensure that these credits can be claimed, a taxpayer should have detailed receipts for every related purchase or charge.
“There are several expenditures for which the IRS will grant deductions,” said a Laguna Beach tax lawyer working with CTR’s tax return preparers. “If you don’t keep your receipts from your donations and other qualified expenses, you can’t claim it on your tax return. Get yourself a home filing system and hold on to a record of every penny. It’ll pay off during tax seasons for years to come.”
CTR goes beyond ensuring bigger returns for its clients. The company’s tax preparation specialists have the training to defend taxpayers against penalties and audits. This new program has a separate subdivision that checks all procedures for accuracy and transparency. If any errors are found, whether on the part of a Laguna Hills tax lawyer or an individual, CTR’s tax experts will find the source of the problem and fix it quickly. When dealing with tax forms, accuracy is a critical factor in preventing tax issues.
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.