Did you know that there are two business mileage rates for 2011? January 1 – June 30: 51.0 cents/mile July 1 – December 31: 55.5 cents/mile
Our Values
Accounting Advantage prides itself on treating your money as if it were our money. We are dedicated to the three underlying principles of professionalism, quality of services and responsiveness. See our values.
Accounting Services
Accounting Advantage LLC provides:
- Accounting services utilizing QuickBooks ™ software. Installing the software, creating your Industry specific chart of accounts, conversion from Excel spreadsheets or Peachtree Software.
- Ongoing onsite income tax planning throughout the entire year.
- Businesses receive ongoing customized services whether semi weekly, weekly, biweekly, monthly or at the very least quarterly. We do not recommend not consulting with your Accountant for a period of longer than three months especially at tax year end. A cash based business or individual cannot tax plan effectively once the year ends.
- Complimentary review of your prior year tax return(s) that were prepared elsewhere to insure that you received all legally allowable deductions. If we find that you can claim other legitimate deductions, it is recommended that an amended return be filed. There is a fee.
- Compilations of your financial statements.
Non-Filed Tax Returns
The IRS's method of tracking
information is becoming
more and more sophisticated every day.
Their upgraded and huge computer center now has the capability to find
out if you filed your tax return. One hand is starting to talk to the other. They will send you a letter asking you why
you did not file your 1040 or other return.
It is just a matter of time before they catch
you. Their system matches up to each taxpayers W-2's, 1099's and 1098's in addition to other
informational pieces that are required to be submitted to the IRS
annually. If you do not file a return,
the IRS will prepare one for you, usually listing all income that has been
reported to them and not listing any dependents, deductions or exemptions that
you may be entitled to.
Failing to file a return that should have been or should be filed can be a criminal offense if you are required to do so. Prosecution and potential jail time is one of the consequences that can occur not to mention, failure to file penalties, failure to pay and interest on monies that are owed. The current economy and huge national debt have put pressure on the IRS to collect as much owed money as possible, including non filed returns.
The IRS is interested in obtaining your compliance. If you voluntarily file your delinquent returns it is likely that you will avoid further problems than having to pay the taxes owed and the penalties and interest.
We can assist you in complying with the tax laws, as your delinquent returns must be completed and filed through the current year. After we complete your returns and advise you as to the income tax, penalties and interest that may be owed we can also assist you in working with the IRS to pay what is owed in a payment plan that is most likely conducive to your ability to pay.
Please complete the following form below to obtain your Free Consultation with us.
4535 Southwestern Blvd.
Voice: 716-312-0030 
