Tax Services Frequently Asked Questions
Calculus Tax’s comprehensive services are designed to simplify your financial obligations and maximize your returns. We offer expert guidance on personal and business tax preparation, strategic tax planning, and assistance with audits and appeals.
Our team of experienced professionals stays up-to-date with the latest tax laws and regulations to ensure compliance and identify potential deductions or credits you may have overlooked. Whether you’re an individual, small business owner, or large corporation, we tailor our services to meet your specific needs, providing peace of mind and allowing you to focus on what matters most to you.
How much does it cost
Tax issues are complex and different for everyone. We have monthly rates starting as low as $99 for basic cases.
How long does it take
Tax Prep
If you have all of your tax documents (W2, 1099, expenses) then tax returns may only take a day. More difficult tax returns or delays having all of the needed information will add more time.
Incorporating
The paperwork can all be done within a day. Each state has it’s own timeframe
Past due tax relief
Timeframe will depend on the scope of the issue, and what type of tax resolution you qualify for. Hardship status and payment plans can be as quick as 1-10 days. However, offer in compromise (OIC offers) can take the IRS 9-18 months to review.
Can I come into the office
We are now an online only company. This is better for our expenses, result in better fees, and allows our staff to better balance their work and lives.
How long does the IRS have to collect
The IRS has 10 years to collect any unpaid tax balance. This date, however, starts when they receive the tax return and agree to it. So, it is very important to file as soon as you can, even if you can’t pay. The IRS has programs for however much you can afford.
What if I don’t have my tax statements
Once you join our program, we can pull all of your tax information from the IRS. This can be used to see what returns are unfiled, see what years have balances, see the penalties the IRS has been charging, and also your income for us to use to file your returns.
You will still need to inform us of any expenses or deductions you’d like to appear on your return.
Will I have liens on my home or credit
Most likely, yes. No one can remove tax liens but the IRS. Liens are removed by either paying the IRS in full, fully paying off an Offer in Compromise, or having the tax balance expire.
Stay away from people promising they can remove the tax liens, or even interest on taxes. It simply is not possible.
What if the IRS is taking money from my paycheck / bank
If the IRS is taking money without first discussing it with you or setting up payments, it is called a garnishment or bank levy. These can be stopped and sometimes reversed for serious needs such as payroll, food, prescriptions, and in obvious hardships. Once your case is excepted by the IRS, the levies and garnishments will stop.
Can you help with State taxes, my license
Each state has their own way of dealing with past due taxes. Some states offer hardship status to stop collections until later. Most offer installment payments but different durations from one year to life of the balance. Some even provide access to Offer in compromise programs to settle for less than the total balance due.