Atlanta CPA on Addressing Back Taxes & Form 433A to the IRS

Atlanta CPA on Addressing Back Taxes & Form 433A to the IRS

Below is a sample letter we might receive from a client who is considering the submission of an Offer in Compromise to address their Atlanta Back Taxes. Coordination of the filing of returns, being sure you are current on your present/this year's tax filings and payments is an essential part of the Offer and has to be done prior to an Offer of Compromise being forwarded to the IRS, as tax law requires it.

I'm sorry we've been out of touch. I'm not sure what's been going on with my bookkeeper but she sort of dropped off the face of the earth recently. I'm struggling to get caught up to where she left off with accounts receivable (which I'm finding has had nothing done since early January) and the bookkeeping (best I can tell hasn't been updated since last month). I'm having to go back and figure out where she left off and get caught up.

I've attached Form 433-A. There are some things that haven't been completed yet. Before I spend much more time completing items and copying dozens of statements, etc. for backup, I want you to glance at it and advise on if we should continue to move forward based on the information included.

Below is my response:

To adequately do and submit and Offer and that attendant forms, it is most critical first to complete your 2009 corporate and personal returns. Otherwise we run the risk/likelihood of doing them twice as the information has to be current.

ASAP after we get the corporate returns done then I suggest we get together and go over the Offer process and consider and evaluate all forms and the submission of an OIC (Offer in Compromise).
To learn more about issues affecting your Business visit:

http://www.hiscpa.com/incorporating-nv.html Gwinnett CPA Advises Of Incorporation Pitfalls
http://www.hiscpa.com/incorporating.html  Gwinnett Christian CPA Helps with Basics of Incorporation
http://www.hiscpa.com/business-tax-returns.html  Duluth Christian CPA Helps Georgia Business's with Corporate Income Taxes
http://www.hiscpa.com/depreciation-expense.html  Atlanta Christian CPA Firm Helps Explain Depreciation Expense Deductions
http://www.hiscpa.com/tax-basis.html  Atlanta Christian CPA Firm Advises on Selecting an Accounting Method
http://www.hiscpa.com/independent-contratctor.html  Duluth Christian CPA Firm Helps in Determining Employee vs. Independent Contractor Status

John Dillard, CPA of His CPA, PC (An Atlanta Christian CPA firm) 1940 Woods River Lane, Duluth, GA 30097 Phone 770-814-9304 http://www.hiscpa.com/  http://www.john-dillard.com/  Contact John Dillard CPA (An Atlanta Christian/Speaker & Author) to retain him to speak to your business group or church congregation.

Dare to Attempt Something so Great for the Kingdom of God that it is doomed to failure, lest Christ be in it!