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ACCOUNTANTS CPA HARTFORD, LLC
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| "The legal right of a
taxpayer to decrease the amount of what otherwise would be his taxes,
or altogether avoid them, by means which the law permits, cannot be
doubted," Supreme Court Justice George Sutherland. Accountants CPA Berlin, Connecticut offers quality accounting and tax services at very affordable rates. Tax laws are very complex. Why entrust the preparation of your tax returns to someone other than a Certified Public Accountant? The consequences of engaging someone who is not a professional in the field of public accounting can be costly to you: overlooked tax opportunities; tax audits; unnecessary fines and penalties. Accountants CPA Berlin CT will explore every possibility of saving you money on your taxes. There is a big difference between "tax avoidance" and "tax evasion". Tax avoidance is not only perfectly legal but it is your constitutional right. The courts have clearly stated that you are not required to pay more taxes than what is required by law, and that you have every right to take all legitimate deductions and to structure your business to minimize taxes. In other words, tax avoidance is the practice of avoiding the payment of too much tax. On the other hand, tax evasion is illegal and a crime. It is the failure to pay your taxes by illegal means, including fraud, misreporting income, or taking deductions for which you do not qualify. Tax evasion not only results in audits possibly of every tax return ever filed by you, but also in thousands and thousands of dollars in fines and penalites, and even in jail sentences. Consequently, never entrust the preparation of your tax return to anyone not properly trained in accounting and taxes. Even though someone else prepares your tax return, you are primarily responsible for its veracity and truthfulness, to which you attest by your signature at the bottom of your return. Always hire a certified professional to prepare your tax returns and provide tax counseling. In the words of former British Chancellor of the Exchequer Denis Healey, "The difference between tax avoidance and tax evasion is the thickness of a prison wall". |
Can't Pay Your Taxes? Accountants CPA Berlin CT can help!You do have several options available to you if you have been assessed a tax liability by the Internal Revenue Service. First, you may obtain relief from penalties and possibly interest by requesting an abatement of penalties from the IRS if previously you have been filing all of your tax returns and paying all of your taxes. Secondly, you may arrange to make installment payments: if your total tax liability, including interest and penalties, is less than $10,000, acceptance is virtually automatic. Thirdly, if you are unable to pay your taxes in full, you may be able to enter into a partial payment installment agreement with the IRS to pay only what you can truly afford to pay. Or you may submit an Offer in Compromise to settle your debt once and for all.We at Accountants CPA Berlin and Hartford, Connecticut know the difference between tax evasion and tax avoidance. Evasion we get a fee; avoidance we get a sentence. Frankly, we would much prefer the fee. Call or contact us for further details: Accountants CPA Hartford, LLC: William Brighenti, Certified Public Accountant, Certified QuickBooks ProAdvisor. And please visit our blog, Accounting, QuickBooks, and Taxes by the Barefoot Accountant. |
Accountants CPA Hartford, LLC
is an accounting, bookkeeping, tax, payroll, Quickbooks, and Sage
Master Builder consulting services firm located in Berlin, Connecticut.
Thirty years of professional, managerial, and business experience
qualifies us to offer a variety of accounting, and tax services to
individuals and businesses in a wide spectrum of industries:
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When you engage Accountants
CPA Hartford, LLC as your accountant, you will have the satisfaction
of knowing that a Certified Public Accountant, Certified
Business Valuation Analyst, and Certified
QuickBooks ProAdvisor is handling your accounting and tax work and
capable of providing the following quality services to you at fees much
less
than those charged by other certified public accountants:
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