Business Tax Services Include:
- Business Tax compliance
- Partnership and S Corporation planning & Compliance
- Business Entity selection
- Federal, State and Local tax credit incentives research
- IRS and State tax representation
The offer in compromise program allows qualified individuals with an unpaid tax debt to negotiate a settled amount that is less than the total owed to clear the debt.
If you can’t pay your tax liability, you can create a financial hardship.
If you need assistance hire a tax professional to help you file the offer. But before you file, make sure that you are eligible and current with all filing and payment requirements.
Every state that has sales tax also has a use tax on the purchase of goods and services as defined by law.
The District of Columbia assesses a 6% sales tax on the retail sales price of tangible personal property. If your business buys, sells or uses tangible personal property in D.C., then a sales or use tax liability will probably be incurred.
Businesses in Maryland are required to collect Maryland’s 6 % sales and use tax and or 9% alcoholic beverage taxes from any taxable purchase.
The Virginia retail sales and use tax act establishes a tax on the sale, lease or rental of tangible property or the use or consumption of tangible personal property in Virginia, as well as taxable services in Virginia. The seller is responsible for collecting the tax from the customer on each taxable sale.