OPTIMAL TAX COMPLIANCE The
underlying laws administered by the Internal Revenue Service is the Tax
Code¹ itself. Regulations are interpretations of the Code published by the
agency and occupy many feet of shelf space for the printed volumes. Further
precedents are continually created through Tax Court decisions. Keeping current
with this ever changing and growing body of information requires a full time
staff of highly trained and dedicated individuals.
Trusting your tax
strategy to popular books and/or tax software publishers (who must lean toward
"conservative over compliance") is not likely to be in your best interests. We
exist to provide licensed professional help and counsel for those of you who
are not in a position to dedicate yourselves to this particular specialty.
AM I SUFFERING A 'TAX TRAUMA'? Anytime you are at a point where
your real or potential tax liabilities are a source of worry or
distress, you are suffering the indignity of tax trauma. This
could be as simple as being concerned about discovering options that could
reduce your tax liability for the current year. It could be as serious as
imminent seizure of personal property by the IRS. There are a largevariety of
possibilities in between but the common element is stress and anxiety.
SUSPICIOUS? YOU ARE NOT ALONE Almost everyone has the
'suspicion' that they are not taking full advantage of their rights to minimize
their tax liability. That feeling can drive some folks to miss reporting
deadlines or fail to pay reported amounts in a timely manner. Increasing
complexities in IRS Code and Regulation are producing increasing numbers of
non-filers. End of year surprises (tax owed more than tax deposits) created
5,687,000 'delinquent' filers for TY 2002 by IRS estimates. The bottom line is
there is a growing pool of folks who are suffering significant tax
traumas. The direct causes that lead to these conditions include
accidents of timing, personal tragedy, misinformation, confusion, uncertainty,
procrastination, or some other understandable human foible. TAX TRIAGE was
created to give you access to licensed professionals who specialize in treating
tax trauma.
WHAT YOU CAN DO ON THIS WEB
SITE: You can get information to help you put your personal
situation in perspective. You can find information and forms for available
options and actions. If you want professional help, you can contact us for
personal attention. As a token of our appreciation for your interest, please
subscribe to our "Efficient Tax Strategy Tips" newsletter below (your email
address will not be abused here).
WHO ARE WE?: This
association of licensed and certified CPA tax practitioners was founded
by JW (Jim) Pennington. dba, ma,
cpa who personally conducts or oversees all work done by this
firm.
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TaxTriage
"Efficient Tax Strategy Tips" newsletter |
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¹ The 1994 edition of the
Internal Revenue Code contained about 2.8 million words (@ 6,000 pages) . The
computerized text version is over 21 megabytes in size. |
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