Tax Services

Compliance

Our tax specialists help you stay compliant with tax return preparation and submission, dispute resolution with tax authorities, and suggested ways to secure tax savings. We stay on the cutting edge of tax regulations and use advanced technologies and processes. Another service of ours is assisting you to identify and manage tax risks on an overall basis. This is particularly important for companies that are regulated in today’s corporate governance environment to have a clear understanding of the risk management process along with the associated control framework.

Tax Preparation

There is no substitute for an experienced tax professional. Our specialists check and recheck your tax return using industry-related software that identifies potential problems. Your return is filed electronically for a quicker refund. We’ll also show you potential deductions for next year and how you can adjust payroll withholding to keep more money. If you own a business but haven’t stayed on top of your bookkeeping, don’t worry! Our specialists will prepare your year’s bookkeeping, a full Schedule C, and even your personal income tax return. We’ll make sure you don’t overlook credits and deductions to which you’re entitled.

Representation

For issues with the Internal Revenue Service (IRS) and other taxing authorities, our professional guidance can help to remedy the problem and guide you through IRS regulations with our in-depth knowledge and experience. If you’ve received notice that you’re being audited or you’ve had your bank account levied, wages garnished, or a lien filed on your property, Gaffey Deane & Talley can help. We assist you in getting your taxes filed quickly, halting an impending bank levy and even getting the IRS off your bank.

Tax Planning

The key to reducing your tax liability successfully and legally is proper planning. Our services surpass “basic” tax compliance and suggest tax-saving strategies so you can maximize your income after taxes. Our priority is enhancing our mastery of the present tax law, new tax regulations, and the complex tax code through frequent seminars. Legitimate tax strategies and careful planning. Many of our clients save so much from reduced lax liability that the amount is many times greater than our fee. Our strategies include:

• Efficient structuring to allocate income
• Deferring tax liabilities through pension plans, contributions, and other investment choices
• Shifting expenses and income from one year to another for lower rates
• Structuring your money to find tax deductions as you pay for enjoyable things like a vacation home
• Producing income out of certain investments that are tax-exempt for state, federal, or both taxing entities

Tax Problems

Our tax accountants help you resolve tax problems with the IRS, state, local or other taxing authorities with our affordable, efficient, and discreet services. It’s best to deal with tax problems as soon as possible to avoid additional interest and penalties. The IRS is relentless at collecting the money you owe, and the damage can affect all aspects of your life. We’ll assist you in rectifying tax problems, which can include:

• IRS audit representation
• Non-filed tax returns
• Back taxes owed
• Payroll tax problems
• IRS liens, levies, wage garnishments, and seizures
• Offers in compromise
• IRS payment plans
• Bankruptcy
• Innocent spouse relief
• Getting your IRS file