Ready to resolve your Tax Debt?
Final Step - Complete The Form
How Tax Shark works
Our easy process will guide you through a stressful time.
Free, private consultation will give you insight on how you solve tax debt.
Initiate client protection, pull transcripts, review options.
Freedom from tax debt and emotional well-being.
Are you an entrepreneur in Sacramento looking to find a solid tax strategy for your business needs? Are you an individual living in California in search of affordable tax consultancy?
This is the information you’ve been looking for.
This article will cover the most fundamental aspects of what a tax advisor can do for you and the steps you should take before hiring one. It will also enable you to discover some elements of tax preparation that you hadn’t previously thought of.
Who is a tax advisor?
A tax advisor is an individual or a group of individuals who have been permitted by the state and federal tax authorities to offer taxation consultancy services for both individuals and business’.
Advisors have taken the time to educate themselves on all matters regarding taxation and have developed their skills through years of experience.
Tax professionals exist in a highly regulated field where the Internal Revenue Service and the Department of Treasury have set very strict guidelines on how taxation should be handled.
How do tax professionals work?
Advisors are an essential part of your financial well being. This is how they operate.
1. Tax preparation.
Businesses and individuals are required by their resident state authorities and federal authorities to file their tax returns promptly during the financial year.
In this regard, it is advisable to hire a tax professional on a retainer so as to enable them to serve you throughout the entire financial year.
Making a retainer available is a payment model similar to that of subscribing to Netflix for your entertainment needs. It lets you budget and break down the payments to a monthly rate so that you don’t have to pay a lump sum.
2. Tax Advice.
Tax returns aren’t the only services you can procure from a tax professional. Many individuals and businesses also seek their advice on a host of other financially related issues. For instance, if you are interested in getting a mortgage you can consult with a tax professional on how to adjust your finances in order to get the best tax relief and interest rates on your mortgages.
In this situation, you can either pay a lump sum for the advice you are receiving or arrange to have consultations as part of your monthly retainer.
What are the benefits of hiring a tax professional?
Procuring the services of a tax advisor has numerous benefits. Here are a few.
1. Stay on the right side of the law.
Reality Television star Martha Stewart and actor Wesley Snipes are just two examples of mainstream celebrities who have had to serve some time in a federal facility for not taking their taxation dues responsibly.
This is the main reason why tax advisors are important. If you don’t take the time and effort to get your taxation strategy right it could lead to heavy fines from both state and federal authorities or in advanced situations it could land you in jail.
Filling your taxes isn’t something you do because you want to, its something that you have to do.
2. It enables you to comply with your employer’s term of engagement.
Any legitimate employer who is licensed by the state must comply with certain taxation regulations. One of these guidelines is ensuring that all employees are tax compliant.
Hiring a tax professional is therefore very beneficial for any employed person who wants to follow their terms of employment.
3. It enables your business to comply with government regulation.
Every business entity operating in the United States must comply with state and federal regulations. This is to enable the government to find funding for their day to day activities.
A tax professional can enable you to have a tax strategy for your business so that you can focus on generating consistent profits. You don’t have to burden yourself with the gruel some task of understanding tax code when a firm could handle it for you for a small fee.
4. They can help you with your investments.
Tax professionals are tasked with helping their clients to find the best tax strategy for their investments. They enable you to find a way to maximize your profits while still complying with the law.
5. They help you sort out your debts.
Former boxer Mike Tyson admitted in his autobiography that he had to seek out the help of a tax advisor to help him sort out his enormous debt obligations. Fortunately for the celebrity, he found a firm that helped him out so much that he got over $2 million of his tax debt forgiven by the Internal Revenue Service.
6. They help you claim your benefits.
All taxpayers in the United States are entitled to tax relief, tax deductions, tax credits, tax deductions, and other tax-related benefits.
Who is TAX SHARK?
Tax Shark is a firm based in Sacramento, California that has specialized in tax preparation and advice. They are licensed by both the state of California and the federal government to assist individuals and businesses with their tax obligations.
Tax Shark is run by professionals who have been trained on how to handle your taxes in the most ethical manner in different tax niches.
Our services are affordable and we don’t mind creating a payment plan that would suit your individual and business needs.
Similarly, our experience in the tax profession spans decades ensuring that only get advice that has been tested throughout the years.
It’s now time to take action and make a decision no you and your business’s tax obligations. Reach out by calling (916) 542-9244 or by filling out the form above.
Tax Shark – Tax Relief – Sacramento is located on 500 Capitol Mall, Sacramento, CA 95814. From Sacramento International Airport (SMF) head north on Airport Blvd and keep right to continue on Airport Blvd E. Then keep right to continue on Aviation Dr and continue onto Crossfield Dr. Next, turn left and merge onto Airport Blvd. After that merge onto I-5 S via the ramp to Sacramento and merge onto I-5 S. Head straight for 9.6mi. Take exit 519A toward Q Street and continue for 0.5mi. Turn left onto 5th St. In 0.3mi Tax Shark – Tax Relief – Sacramento will be on your right. We are open 9am-5pm, Monday-Friday. For additional questions you can call us at (916) 542-9244.