Don’t be alarmed when you don’t understand why you’re hearing, every year the IRS sends thousands of letters about tax returns, tax accounts, etc.
This serves to regulate your situation and generally each letter sent by the IRS has specific instructions, have complete confidence that we will have the correct and effective solution, we can help and advise you throughout the entire hearing process.
Our experience in helping clients with:
The IRS sends notices and letters for the following reasons:
If you owe the government the government has the power to seize your bank accounts.
A bank levy is a legal document that allows the taxpayer’s bank or financial institution to suspend the taxpayer’s account and deduct 100% of the funds in the taxpayer’s account, up to the amount shown on the notice.
We prepare your response and can represent you if you wish. We also advise you to save money if a corporate restructuring adapts to your reality and expectations.
The auditor may require a review of your financial records, such as payroll records, general ledgers, and tax returns.
Audits are generally annual, but in some cases more than once a year. It is beneficial for you to have your accounting records up to date; by employee and subcontractors, describing the type of work they perform.
The final audit premium (cost) will be compared to the estimated premium and a premium adjustment statement reflecting any changes will be sent to you.
Please note that a significant change may require the auditor to also adjust your current policy premium.
Yes, when a document is presented as evidence, auditors request both the original document and its certified translation into English.
(Certified English Translation)
Choose availability dates that fit your flexible schedules.
Monday to Friday: 9am to 5pm
Saturday and Sunday: Closed
La Esquina Latina reports that the Beneficial Ownership Information (BOI) report is mandatory as of January 1 of this year. This report reveals the real owners of companies in the U.S. or registered in the country, as part of a transparency law to prevent the use of shell companies in illicit activities such as money laundering. INCs and LLCs registered before January 1 must file the report by January 1, 2025, and those created after have 90 days to do so. The report is filed annually and must be updated with any changes in the company. The fine for not filing is $500 per day. La Esquina Latina offers help to complete the report, but recommends doing it with your accountants if you already have one. The goal is to inform and support the community, especially in the face of a stricter government.
