New Tax Knowledge Can Save Hundreds of Thousands of Dollars, Long-Term
Gainesville, VA (PRWEB) December 19, 2003--Taxback, LLC is a company that provides business owners and 1099 employees with the opportunity to get a free second opinion on their last 3 years of taxes, from a qualified, independent tax review specialist that has the expertise to identify errors and missed deductions that may have caused them to overpay. With this tax review, clients can recover any taxes that have been overpaid over the last 3 years. Taxback finds that 6 out of 10 clients are overpaying and are entitled to a refund.
The intention is not to replace their CPAs, but to give clients the peace of mind that they are taking advantage of every possible deduction that they are legally and ethically entitled to receive. Qualified clients include anyone who has paid or had withheld, federal, state or social security taxes for the last 3 years, and who has any combination of the following: 1099 income, Self-employment income, an S" or C" corporation, Rental income, or W2 withholdings.
What most people dont realize is that the IRS allows them to go back and apply newly released tax laws and changes to their last 3 years of taxes. The independent tax review specialists working with Taxback not only uncovers legitimate deductions that were missed, but carefully scrutinize returns and compares them with updated tax laws and changes to see if clients are entitled to a refund. Taxback is paid with a portion of any qualified refund found. If there is no refund – there is no charge. But even more importantly, with the new tax knowledge gained, people can save hundreds of thousands of dollars over the life of their business.
Taxbacks tax review specialists work strictly within tax laws. Their secret" is a combination of experience, a thorough knowledge of the laws, and meticulous attention to details.
All of the independent tax review specialists that Taxback uses are licensed CPAs or Enrolled Agents that meet the stringent standards of ethics and performance and continuing professional education imposed by the profession. The companys in-house tax attorney is dedicated to ongoing compliance and ensures that everything that Taxback does is within the bounds of what is permissible by law.
Considering that the average American works the first 4-5 months of every year just to pay their taxes, the last thing they want to do is pay more than they have to. Unfortunately, according to the IRS, millions of taxpayers are unknowingly overpaying their taxes – some by as much as 25%.
The IRS has $4.8 Billion Dollars of taxpayers overpaid taxes, sitting in a trust fund - waiting to be recovered. But, theyre not going to give it back unless the taxpayer finds the proper deductions in the vast tax code that were missed, or correct the errors that were made. Thats what Taxback helps their clients do.
Further information is available by contacting Roxanne Jenkins of Taxback, at (703) 754-3884. To start the process right away, download the attached files, fill them out, and send them directly to Taxback.
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