Indianapolis, IN (PRWEB) March 08, 2013
CTR’s tax preparation team has been providing trustworthy income tax return service to taxpayers across the United States. From feedback gathered by the company’s Indianapolis tax attorney, a new program was created to help clients avoid any issues with their income tax returns during this year’s filing season. The program is designed to ensure that all data and forms submitted along with any return are complete and accurate. The main benefits to this program include faster returns, increased refunds and a decreased likelihood of interest and fees being charged by the IRS.
CTR starts any tax return preparation by requesting pertinent financial records from an individual. If documents are up-to-date and well-maintained, the tax return process will go faster. Under the new program, an expert like IRS attorney Chicago will perform a series of checks to make sure there are no errors within an income tax return.
“When you’re sure you’ve sent in a flawless tax return, you know you’ll get the best refund possible in the shortest amount of time. In addition, you’ll stay out of trouble with the IRS, which ultimately saves you time and money. That’s what our tax preparation service is all about,” said a CTR representative.
CTR’s new service focuses on minimizing the amount of taxpayers that have to deal with the consequences of errors in tax returns. If an IRS tax debt Dallas specialist has a client that files a return past its deadline for any reason, the IRS will begin charging interest on any balance owed. Any interest accrued cannot exceed 25% of the original balance and accumulates at a rate of 5% per month. There are also penalties for late payments on tax returns. The interest rate for this issue (1/2% per month) is less severe. For this reason, tax experts urge clients to submit a tax return even if the balance owed cannot be paid.
CTR’s IRS debt division sees many taxpayers a year for problems stemming from unpaid back taxes and unfiled returns. The company’s Irving tax lawyer recommends this new program to any individual that has struggled with their tax returns in the past. Tax debt is a source of stress and can cause issues in every financial aspect of a client’s life. This new service will prevent a significant percentage of the tax return problems the company sees within a given year.
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.