Tax Litigation

Tax litigation is a legal action between a taxpayer and the state or federal government. Usually, the types of issues in dispute are the omission of income or an over-reporting of deductions or credits.
Natalya’s unique skill set as a former IRS agent, her superior knowledge of tax law and procedure, plus her experience litigating all types of tax disputes in the U.S. Tax Court enables her to give you the very best representation possible. If you find yourself in a sticky tax situation, give us a call!

Profitability Review

One of the primary objectives of a successful business is to make a profit. But like many business owners, you may find that the daily reality of running a business leaves you with little time to forecast profitability or optimize the profitability of an existing project.

Natalya specializes in helping business owners maximize revenues while minimizing expenses. Her expertise in analyzing financial statements and ability to evaluate company performance as a whole will allow for accurate projections of the future growth of your business.

 

Client Access

Natalya cpa In today’s busy, competitive environment, we understand that you are often working well beyond traditional business hours, leaving little time for anything else.

As your trusted financial advisor, we are always looking for ways to make your job easier, which is why we offer the convenience of private web portals.

Using the same secure technology as online banking, portals enable you to instantly access our services directly from our website.

You simply log in to your personalized client portal using a secure ID and password. It really is just that easy!

Enjoy the Convenience of Online Services and Simplify Your Work Life.

Private client portals provide an easy way for you to access your financial documents, transfer data, and exchange information with us on a 24/7 basis.

Depending on your needs, we will customize your portal to offer the tools you require. Listed below are a few of the available portal options.

  • Document Presentation
  • Secure File Exchange
  • Web-based Tax Organizer

 

Most likely, you already conduct a great deal of business online, so why not take your financials there as well? With 24/7 access to your data and software, you can conveniently stay apprised of financial activity and the state of your business.

 

If you are interested in getting access to your portal, please contact us today!

Liens and Levies

Our office has successfully handled numerous liens and levies. Don’t delay in calling us if you have a tax levy or tax lien. We can help by securing a temporary freeze on further collection activity, giving us sufficient time to analyze your situation and determine the best course of action.

What is a lien?

A federal tax lien is the government’s legal claim against your property when you neglect or fail to pay a tax debt. The lien protects the government’s interest in all your property, including real estate, personal property and financial assets. A federal tax lien exists after the IRS:

  • 1. Puts your balance due on the books (assesses your liability);
  • 2. Sends you a bill that explains how much you owe (Notice and Demand for Payment); and

You:

  • 1. Neglect or refuse to fully pay the debt in time.
  • 2. The IRS files a public document, the Notice of Federal Tax Lien, to alert creditors that the government has a legal right to your property. For more information, refer to Publication 594, The IRS Collection Process (PDF).

What is a levy?

A levy is a legal seizure of your property to satisfy a tax debt. Levies are different from liens. A lien is a claim used as security for the tax debt, while a levy actually takes the property to satisfy the tax debt.

If you do not pay your taxes (or make arrangements to settle your debt), the IRS may seize and sell any type of real or personal property that you own or have an interest in. For instance,

  • 1. The IRS could seize and sell property that you hold (such as your car, boat, or house), or
  • 2. The IRS could levy property that is yours but is held by someone else (such as your wages, retirement accounts, dividends, bank accounts, licenses, rental income, accounts receivables, the cash loan value of your life insurance, or commissions).

The IRS usually levy only after these three requirements are met:

  • 1. The IRS assessed the tax and sent you a Notice and Demand for Payment;
  • 2. You neglected or refused to pay the tax; and
  • 3. The IRS sent you a Final Notice of Intent to Levy and Notice of Your Right to A Hearing (levy notice) at least 30 days before the levy.

The IRS may give you this notice in person, leave it at your home or your usual place of business, or send it to your last known address by certified or registered mail, return receipt requested.


IRS and FTB Audits

Tax audits could be very scary, cumbersome, and costly, especially, if they are not handled well from the very beginning. Hiring a tax attorney to help with an audit can benefit you in many ways. It can significantly bolster your chances of getting a fair outcome. Many people don’t realize that audits can go both ways and you may actually end up being owed money after an audit. A tax attorney can analyze your situation and find the best strategy to take in order to get the best outcome.

By allowing us to represent you, we will be able to help you in the following ways:

  • Any and all audit communications to you directly will stop. They will be directed to us, and we become the point of contact with the IRS or State tax agent assigned to your audit.
  • Proactively research any tax situations that may come up during the audit.
  • Respond to the IRS and state tax agents’ inquiries and requests for information.
  • Meet with the IRS or State agents in person, if required.
  • Negotiate and settle taxes owed if you end up owing more money during the audit and cannot pay.

Part-Time Chief Financial Officer

If you are a small to mid-sized business, having a chief financial officer is not just a good idea, it’s a basic necessity. It is critical for one person in your organization to be focused on creating long and short-term financial goals, obtaining financing, improving profitability, handling risk management and ensuring financial information is timely and accurate.

Many companies your size may not really need or be able to justify the expense of a full-time CFO. That’s where Natalya can help. As your Part-Time CFO, she provides full-time results on a part-time basis.

Books Reconstruction and Review

Reconstruction of records is vitally important when the records are destroyed, but they are necessary for a court hearing or an IRS audit.

We can help you reconstruct your books and records from years ago. As a former Revenue Agent, Natalya has extensive experience reconstructing missing records and determining accurate amounts of income and expenses.

Working together with you, going back in time, we reconstruct your complete set of books and records using the accounting software of your choice and making sure that your records can withstand any examination or audit.

Business Development Consulting

Every business goes through stages of progress, transition, and stagnation. Business Development Consulting exists to assist business owners through periods when positive progress just isn’t happening.

The business owner may already have a plan in place. Or, they may have no idea how to get where they want their business to go. This type of consulting engagement requires the development consultant to work consistently with the business owner to analyze the business, set strategic goals, and design a road map of steps that will need to be taken to reach the desired goals. That’s where we come in – we can help you develop such goals and ensure that you are successful in achieving them.

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