Services
Kovel Agreements
We are experienced in working with Law firms under Kovel Agreements.
Kovel agreements are typically an arrangement between an attorney, a Tax Expert (typically an Enrolled Agent or US Tax Court Practitioner) and the client. The Kovel engagement letter must provide each party’s role, particularly that the tax expert’s work generally will be performed under the direction of the attorney. The Kovel agreement can extend the attorney-client privilege to a tax expert’s communications that were “made in confidence for the purpose of obtaining legal advice.
Tax Consultation & Planning
Effective tax preparation and planning can help you to minimize your future tax liability. We can help you proactively manage tax issues, including understanding how opportunities impact your tax status and vice versa. Not all tax planning opportunities are readily apparent. By having us on your team, you are more likely to benefit from those opportunities. We understand how the latest federal, state and local tax legislation and other developments affect you and your business and we are constantly identifying new ways to reduce federal, state or local tax liabilities.
IRS Representation
An IRS audit can be an intimidating and complex process. If you or your business face an IRS audit, we can bring to bear years of experience in dealing with tax matters and IRS audit procedures to ensure that you are properly represented when dealing with the IRS and other tax authorities.
Tax Representation and Resolution
Have you received a Notice of Audit and Examination Scheduled from the IRS? An IRS audit is a review of an organization’s or individual’s accounts to ensure information is being reported correctly. Ignoring an audit usually means the IRS files your return for you and you end up paying much more. An IRS audit is a serious situation, but with experienced help most tax difficulties can be resolved.
Many tax problems become complicated because of the procedures that IRS and state tax personnel must follow. A lack of understanding of these procedures and relevant tax law can make resolutions more difficult and may even infringe upon the Taxpayer’s Rights. As a USTCP, Mary Beth can work with the IRS on your behalf and represent you in Tax Court if necessary.
Streamlined Filing
As one of the firms that is truly experienced with the tax complexities that face US expats, we offer additional services that other firms may not including.
Why an Enrolled Agent?
An enrolled agent is a person who has earned the privilege of representing taxpayers before the Internal Revenue Service by either passing a three-part comprehensive IRS test, or through experience as a former IRS employee. Individuals who obtain this elite status must adhere to ethical standards and complete 72 hours of continuing education courses every three years. Enrolled agents are unrestricted as to which taxpayers they can represent and what types of tax matters they can handle. Don’t go before the IRS alone. If you or your business is facing a tax audit our enrolled agents can help.