“After successfully closing my tax client’s case, most of the feedback they give me is that they wish they were in our office sooner.” According to Atty. Aquino
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Jayson M. Aquino’s tax firm, based in Orange County, Southern California, has been delivering consistent results to clients for over a decade. His law firm primarily specializes in tax disputes and compliance, but also handles business formation and monthly bookkeeping / bookkeeping services, corporate tax preparation and corporate succession planning. Atty. Aquino understands state and California tax laws, as well as how the IRS works. He has been able to serve corporate and individual clients across Orange County and Los Angeles County.
This respected and charismatic intellect began his journey at a Los Angeles production company while preparing for the CPA board exams, working with high net worth individuals and nonprofits while attending law school at night. This gave him the perspective to see the connection between the legal and the accounting niche of tax law. He quotes“For example, if the usual business owner problems are” sloppy “accounting problems that any good CPA can avoid, it is usually the inaccurate accounting that leads to an IRS audit. While a CPA can keep the accounting and record keeping issues in mind Chess, the IRS examiner may not make it as easy as you think! He might be asking something that a non-CPA is not trained enough to answer. This is why a CPA should address the unintended legal ramifications against the Business owners know. “
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The story goes on
He adds, “Over the years we have handled cases where we were the second tax firm to be hired by our clients after coming from other ‘tax advisors’. These companies have aggressive advertising campaigns that we usually hear over the radio, cable television, or social media. My clients tell me they were billed about $ 7,000 to $ 12,000 per case without resolving their tax problems, and they later find out they are dealing with sellers who are not authorized to do so on their behalf to speak to when negotiating with the IRS. When I asked them why they signed with these people in the first place, they told me that the pressure to sell was enormous and that some scare tactics such as seizures were used. ”
The proof is in the numbers. Atty. Aquino’s success rate is 90% for offer and compromise notifications to the IRS. One of his notable cases being handled involves an LA County home health company where his client owed $ 1.2 million in back taxes but was able to pay it with only $ 5,000. How did he do that? “It all has to do with being a certified public accountant – I do a thorough review of your personal and / or business accounts and am able to do analytical work to see if this company is a good candidate for a bid and a compromise . Then, as an attorney, I apply the applicable tax laws to see if we have a reasonable cause if the case hits the threshold for tax waiver. Most importantly, my work ethic – I am straightforward with my customers, unlike some salespeople who pose as tax professionals, who charge exorbitant fees and give false hopes even though the customer has no chance of waiving their back taxes. If my clients are not eligible for tax exemption, I advise them immediately and point out that the IRS has other programs that will work for them, such as:
“One of the things that sets me apart from other tax professionals is that I am a certified public accountant – I create modified declarations for my clients that have saved them millions of dollars! In contrast to other tax lawyers who do not offer this service due to their lack of training and experience in preparing tax returns. ”
Basic checklist for hiring a tax professional:
Are you authorized to represent clients before the IRS? The IRS only accepts 3 professionals acting on behalf of a client, namely:
Do you know how to prepare a modified return?
How many returns have you prepared in the past?
If I’m a small business owner, does he know the accounting cycle?
What is your success rate in dealing with the IRS?
Are you prepared to conduct a tax audit or should I hire another auditor to do the bookkeeping?
What options are there as a customer if the situation is not suitable for an offer and a compromise?
Is the problem just civil or is it also criminal?
How important is confidentiality? This is important because there is no CPA-client confidentiality, only lawyer-client communication is privileged.
Training and advice from an expert is key. Jayson M. Aquino’s Tax Office offers a free 30 minute consultation to help the public with their tax issues. Don’t forget to check out his website.