Services
Tax Planning
Every business needs to keep their tax burden low, so they can maximize profits and plan for their future growth. To put a tax planning strategy in place that helps you take advantage of every possible deduction, you need the assistance of a qualified tax accountant.At Redeem My Taxes, we are highly experienced in tax planning and compliance for both business and individual. We can save you the most amount of money on your taxes.
We understand that you work very hard to earn money, so we design an innovative tax plan with the goal of keeping more of it in your pocket. We know the regulations governing individual and business taxpayers in and out. So, you can be confident that your taxes are being calculated accurately with all current tax laws. If you’re opening a new business, we can advise you on which entity will offer maximum long-term tax savings as your business evolves.
ITIN Preparation
The ITIN number is issued by the IRS, for certain resident and nonresident individuals who are required to have an identification number for tax purposes, but who don’t have or not eligible for a social security number. By using an IRS approved agency rather than doing the application yourself you will benefit.
Processing Times: Self prepared applications usually contain errors. To be accepted by the IRS the application has to be perfect, containing no errors. It is not unusual for self-prepared applications to be sent back multiple times for correction, each time resulting in a delay of 2 to 3 months.
Redeem My Tax Professionals process your ITIN application faster and the ITIN applicant can get the number in 5 to 7 weeks.
Some few Examples of Individuals who might need an ITIN
- 1. Non-resident alien filing a U.S. tax return and not eligible for a SSN
- 2. U.S. resident alien (based on days present in the United States) filing a U.S. tax return and not eligible for a SSN
- 3. Dependent or spouse of a U.S. citizen/resident alien.
- 4. Dependent or spouse of a non-resident alien visa holder.
Extension Filing
If you can’t file by the due date of your return, you should request an extension of time to file. To receive an automatic 6-month extension of time to file your return.
An extension of time to file is not an extension of time to pay. You may be subject to a late payment penalty on any tax not paid by the original due date of your return.
We at Redeem My Tax help you in applying extension to file your tax returns with IRS.
W4 Assistance
Form W-4 is completed by employees and given to their employer so their employer can withhold the correct federal income tax from the employee’s pay.
Consider completing a new Form W-4 each year and when your personal or financial situation changes.
We at Redeem My Tax help you in filling W4, So that your employer can withhold the correct federal income tax from your pay.
Challenging your Audit with the IRS
While You May Imagine the IRS as a Bad-Guy Who Relishes the Thought of Undertaking Tax Audits on Unsuspecting Tax Filers—it’s Actually a Burden on Their Time and Resources.
The Good News Is That Most of the Notices (About 90%) From The IRS Can Be Challenged; Tax Payers May Not Even Be Liable For The Whole Balance That The IRS States They Are Owed For Miscalculations On Tax Returns. Your Best Option Is To Fight With IRS And Save As Much As Possible. With Tax Representation Help from Redeem My Tax You’ll get The Assistance You Need to Challenge Your Audit Notice.
Amendment Filing
You should correct your return if, after you have filed it by amending taxes. The possible errors could be:
- 1. You did not support some income
- 2. You claimed deductions or credits you should not have claimed
- 3. You did not claim deductions or credits you could have claimed
- 4. You should have claimed a different filing status
We can help you to prepare and file amended taxes. Currently, IRS does not accept amended taxes through e-file. Amending taxes need to file with explanations for all changes you made from the Original filing. Our tax experts have years of experience to explain the changes in preparing amended taxes.
If you’ve have been selected for a tax representation by the IRS, don’t panic Redeem My Tax can help. Our tax accounting professionals have experience accurately preparing tax returns and dealing with the IRS. We can help you effectively work with the IRS to manage your tax audits as painlessly as possible.
Payroll
Redeem My Tax Services used by many small- to mid- sized businesses to reduce their paperwork, save time and money for processing payrolls. If you’re looking for a company that provides a simple flat rate and no hidden fees, Redeem My Tax is a reliable solution.
Business Incorporations
We assist Individual Entrepreneurs/Existing Business Corporations/Small Business Owners in establishing new businesses/subsidiaries in USA. This service covers the following needs of your business:
Preparation and Filing of the Articles of Formation for your new company
Company Name Search and reservation
Employer Identification Number (EIN) Application
Registering your business with other states
Certified copies of corporate and S-Corp documents and certificates including Articles of Incorporation or Certificate of Company Formation
Application for S-Corp Election Form 2553
You may have to incur any fees charged by other agencies, such as the State Corporation Commission (SCC) for legal filings, the city or county for business licensing and permitting, occupational or professional licensing, etc. from your end though we provide the above services at a very nominal cost.
FREE Consultation on following issues:
Business Entity Selection (LLC/LLP/S-Corp/C-Corp)
Cost of initial Formation and fees imposed by the chosen state(s) for ongoing filing requirements once the entity is formed
Physical Location of Business. Companies formed in one state may transact business in another state or states, which in case business must foreign qualify in such other state(s)
Corporate Laws governing the State(s) under consideration, Tax Implications, Business Licensing.
Tax Representation
The idea of a tax representation is intimidating for just about everyone; no one wants to attract the attention of the IRS and have their tax return put under a microscope. But the trust is: audits are more easily managed than you might have thought. At Redeem My Tax, we have helped clients solve their tax and financial problems and are equipped to handle your concerns with professional IRS audit assistance.
