Amended Business Tax Returns
Let’s Fix Those Old Returns
It's not uncommon for tax returns filed in previous years to have mistakes on them. Maybe you missed some deductions or credits, maybe you forgot to report some income, or maybe there's other material issues with how the return is reported. We'll consult with you to let you know what the tax impact of amending the return will be, the risks and benefits of amending (or not amending) so that you can make an informed decision.
If the decision to amend your return is made, we'll step you through the process and let you know what to expect. Finally, we'll ensure that any items that will impact future tax years are accounted for on subsequent tax returns.
We'll start by examining the return that may need to be amended. We'll provide you with a list of considerations and a recommendation as to whether it makes sense to amend the return in question.
We'll prepare and submit a Tax Power of Attorney that will allow us to correspond with the tax authorities on your behalf.
We'll prepare the amended tax return and ask any clarifying questions that may arise along the way.
We'll discuss with you the results achieved and next steps to put the issue behind you once and for good. We'll let you know what to expect along with the anticipated timelines.
Suzi Drennen is the most knowledgeable, conscientious, and responsive CPA I have ever known—which is why I’ve stayed with her for more than 10 years. She is honest, has always gotten back to me quickly even at the height of tax season, and has saved me thousands of dollars over the years. The icing on the cake is that Suzi’s easy to work with and on top of that, a great person! She and her firm are tops!