VEP Bookkeeping Services

As your trusted advisors, we evaluate your individual tax situation and guide you through any tax challenges that develop. Our goal is to minimize your tax liability so that you can keep more of your hard-earned money.

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It's also our job to stay up-to-date on current federal and state tax laws through continuing education and we use our in-depth knowledge of tax codes when we prepare your individual tax returns -- so you don’t miss out on any tax credits and deductions that you are entitled to take.

As a business owner, you’re busy developing new products or services and making sure your business runs smoothly. You probably don’t have time to reconcile your bank account or generate balance sheets to manage your cash flow, let alone read up on the latest tax laws to find out which tax breaks you can take advantage of.

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When you first started out, and money was tight, the do-it-yourself method of accounting might have worked just fine. But now that you have employees, pay estimated taxes, and need to manage your cash flow better, it’s time to find a trusted advisor to partner with all year long--not just at tax time.

Handling IRS issues can be stressful, but understanding the process and your options can make it more manageable. 
 

Understand the Issue and Gather Information:

• Review IRS notices carefully: The IRS will typically contact you by mail regarding any issues, so carefully review any notices or letters you receive. These will usually explain the issue and what steps you need to take.

• Identify the problem: Determine the exact nature of the issue (e.g., unpaid taxes, incorrect tax return, penalty, audit).

• Gather relevant documents: Collect all supporting documents related to the issue, such as tax returns, payment records, and any prior correspondence with the IRS.