What is an Enrolled Agent?
Enrolled Agents (EAs) are tax specialists licensed by the US Department of the Treasury to represent taxpayers before the Internal Revenue Service (IRS) in the event of an audit or collections. EAs are required to stay up-to-date on the latest changes in the Tax Code. The strenuous requirements to become an EA ensure that only the top tax professionals earn the designation. EAs have stringent ethical and educational requirements to retain their designation. If you need the service of an Enrolled Agent, please Contact Us. We will show you how we can help.

If I am using QuickBooks why do I need your services?
QuickBooks and other software packages are only tools for entering information. We can help you interpret this information through financial reports and projections, monthly balance sheets and detailed general ledger, and consultation and tax advice throughout the year to ensure that measures are implemented to allow you to take advantage of changing tax laws, minimize your taxes, and become more profitable.

How else can you help me other than monthly accounting and tax preparation?

• Thinking of buying a business? We can help by preparing cash flow projections, debt service analysis, and reviewing the financial records of the business.
  
• Financial analysis – compare your business to others in your industry. Identify key indicators and financial ratios.
  
• Recommend and implement accounting systems.
  
• IRS and State tax audit representation.
  
• Offers in Compromise.

Will you continue to support QuickBooks?
While maintaining the same high quality service to our clients who use QuickBooks, we will be implementing and supporting what we believe is the best possible choice in accounting and tax software for the coming age - NetClient. We will assist clients who choose to make the transition to a more powerful and flexible system and we would be happy to discuss what the benefits may be for you or your business to make the move to NetClient.

What is NetClient and what can it do for my business?
NetClient is a secure online accounting and tax package that can assist in minimizing time you spend on accounting activities, including time providing information to us, filling out forms, and obtaining copies of forms, returns and reports that we prepare for you. You simply login to your personal portal, complete forms and communicate information to us online, scan documents and upload, view your personal accounting and tax files, and print what you need as you need it. Read more on our NetClient page.

Does Accounting & Tax Solutions, Inc. assist in the setup of NetClient and can you provide support and training that we need to ensure a smooth transition to NetClient?
Yes, we provide you with our software and one of our experts will tailor the set-up of your online portal and your client space to suite your specific needs.

In the event of an Audit, what do I do?
First - call us. As your tax advisor we will meet with you to plan the appropriate plan of action and gather necessary information to expedite the audit process. We can counsel you to prepare for the audit yourself or act as your representative.

What things do I need to do to ensure that you better serve me or my company?
Keep us informed. Let us know when you are encountering any major financial changes or decisions. Provide us with timely information so that we are working with current data. For assistance, please refer to our Income Tax Data Organizer on the Tax Forms page and the "Tax Appointment Worksheet" in our Newsletter (Winter 2007) .

Can you take over where our in-house accountant left off?
Yes, we can assist in a timely manner. We perform an assessment of your needs and the most cost-effective way to handle your accounting needs in order to have timely and accurate financial statements.