Wondering if you can file your current year’s taxes while your previous year’s return is being audited? The short answer is yes, but there’s more to it! Discover how a disallowed Net Operating Loss or other audit findings can impact your future returns, and whether it might make sense to wait or file now. Get ready to avoid unexpected surprises when dealing with capital losses, operating expenses, and more.
Learn how we assisted a client facing an IRS audit with a proposed tax increase of over $8,000 due to unreported self-employment income and expenses. Our meticulous approach, timely response, and thorough documentation led to a significant adjustment, saving the client over $6,000 and earning their trust and recommendations.
Discover how we helped a client facing an IRS audit proposing a tax increase of almost $4,000 due to identity theft. Our swift action and thorough gathering of evidence led to the IRS removing the bill entirely, saving the client a substantial amount and providing a major win.
Looking for expert guidance with your personal taxes? Turn to SPEA Tax for tailored solutions. Our specialized services include individual tax return consultation, meticulous preparation, strategic planning, and effective audit resolution. Whether you’re self-employed, a freelancer, or have complex financial situations, our team has the expertise to optimize your tax strategy. Maximize your refunds and minimize your stress with SPEA Tax.