Filing taxes on time is complicated enough - if you've missed the deadline, you're probably concerned about filing late taxes. You can find professional Annapolis tax help from one of the experienced accountants at Paramount Tax. We will help you understand the possible penalties of filing late, how to minimize them and how to maximize your returns.
If you believe you will be behind in tax filing, you should request an extension. The IRS grants six month filing extensions, which gives you additional time to file but not to pay. Once the extension is granted, you must estimate how much you owe and pay that amount before the tax deadline. Any remaining funds can be paid once you file and any amount you overpaid will be returned to you.
Didn't request an extension? No need to worry. When you receive professional tax preparation in Annapolis from Paramount Tax, you can rest assured that our accountants will get your taxes filed and prevent any trouble with the IRS. We work closely with CPAs that are experienced in IRS resolutions and we can solve any tax issue you are facing.
Late tax filing is a common mistake and sometimes individuals get years behind. If this is your case, we can help you prepare, file and set up payment plans to cancel out your dues. The IRS has various payment options and is willing to work with individuals that are active about resolving late tax issues. Our team will also help you prepare for next year's taxes so you can stay on track and avoid getting behind again.
Don't waste any more time stressing over late tax filing. Simply call Paramount Tax today to request an appointment with our tax preparation experts of Annapolis.
Many people do not know how a professional tax firm differs from a tax preparer. The main difference when working with a professional tax and accounting firm, such as Paramount Tax & Accounting Annapolis, is that our firm utilizes the services of licensed professionals.
Paramount has worked hard to create relationships to deliver the value that our clients expect. In fact, our goal is to be the No. 1 firm in Annapolis. So when you ask yourself, "Where can I find accounting services near me?"... think no further than Paramount Tax & Accounting Annapolis!
Whether you are filing personal taxes or you own a business, if you are not already using a professional tax and accounting firm, you have most likely already missed out on major tax benefits, deductions and credits. This is because a professional tax and accounting firm utilizes licensed professionals, who can not only advise individuals on personal financial matters but who are qualified to advise businesses, financial institutions, nonprofit organizations and government agencies on a wide range of financial topics. Our strict standards ensure that we understand the complicated tax laws and how to implement strategies that return the most benefits to individuals and businesses. Give Paramount Tax & Accounting Annapolis a call or visit our tax and accounting firm in Annapolis for a free consultation.