Frequently Asked Questions
Answers to the questions we hear most from Cherry Hill and South Jersey clients.
Don't ignore it — even if you can't pay right now. Most IRS notices have a response deadline, and missing it can trigger additional penalties or levy action. We'll review your notice, explain exactly what it means, and handle all communication with the IRS on your behalf.
Yes. As licensed tax professionals, we are authorized to represent clients before the IRS. That means we communicate directly with IRS agents on your behalf — you don't have to be on the call, attend any meetings, or deal with the stress of speaking to the IRS yourself.
An Offer in Compromise (OIC) allows qualifying taxpayers to settle their IRS debt for less than the full amount owed. Approval depends on your income, expenses, assets, and ability to pay. We evaluate whether you're a strong OIC candidate before filing — because a rejected OIC can hurt your case if not handled correctly.
You start by calling us. Our Cleanup / Catch-Up Bookkeeping service is specifically designed to untangle months or years of disorganized records — getting you accurate, up-to-date books so you know exactly where your business stands. From there, we can set up ongoing monthly bookkeeping so it never gets that bad again.
Absolutely. Clean books are the foundation of everything — accurate tax filing, smart business decisions, SBA loan applications, and protecting yourself in an audit. Many small business owners don't realize how much money they're leaving on the table (or paying in penalties) due to poor recordkeeping.
Tax preparation is looking backward — filing your return based on what already happened. Tax planning is looking forward — making strategic decisions throughout the year to legally minimize what you owe. We do both, but the real value is in proactive planning: S-Corp elections, estimated tax payments, retirement contributions, and more.
Our fees vary based on the scope of work — a one-time tax filing is priced differently from ongoing monthly bookkeeping or a complex IRS representation case. We believe in transparent, upfront pricing with no surprise bills. The best way to find out is to schedule a free consultation so we can understand your situation and give you an accurate quote.