Tax preparation is a systematic approach: there are quite a few protocols and standards that are followed in preparing tax returns, filing, or amending, or other tax services. These can involve sales tax, income tax, property tax, hotel tax, estate tax, gift tax, or other levied tax methods. Dealing with federal, state and local tax authorities can be a complex issue and a headache for filers, whether they are engaged in managing individual or corporate returns.
Individuals and companies have to engage in careful tax and estate planning, in order to minimize the amount of taxes that they are obligated to pay, and to prevent errors that can lead to unpleasant surprises later. Many times, due to lack of attention and expert supervision, some individuals or entities fall into the trap of tax evasion, without ever meaning to deceive tax authorities at all. This is a costly mistake, which can result in severe penalties, valuable time spent in court, substantial amounts of money paid in legal fees, and even possible jail time.
Following the tax code and taking the advice of a qualified CPA, Enrolled Agent, or tax preparer helps clients to keep their finances on solid ground. Harshwal & Company LLP is experienced in working through tax preparation and other tax services in an efficient and transparent way. Efficiency counts, because time is money. Transparency counts, too, because it gives everyone peace of mind.