Services
If you’re looking for a firm that will focus on your individual needs, and always treat you like a client who matters, look no further. Our firm is large enough to offer a full range of professional services, but small enough to give you the individual attention that you deserve.
We will thoroughly and conscientiously study your personal situation, and tailor our advice to your specific needs.
Electronic Filing
We are an authorized IRS E-File provider and file all Federal and Massachusetts State Tax Returns electronically at no extra charge.
This means that in most cases you receive your refund checks in 10-14 days and have the option of having your refund check directly deposited into a checking or savings account.
Federal Refund Transfer (RT)*
The Refund Transfer (RT) is a quick and cost effective method for your client to receive their federal tax refund. The federal tax refund is usually available within 7-14 days from the time the client’s tax return is electronically filed. When the IRS deposits your client’s refund with Refund Advantage, Refund Advantage deducts all applicable fees from the refund amount and disburses the balance of the refund to your client.
State Refund Transfer (SRT)*
The SRT is similar to the Federal RT whereupon the client requests the state taxing authority to deposit the client’s state refund with SBBT. When the state refund is received by Refund Advantage, Refund Advantage will deduct all applicable fees from the state refund and disburse the balance of the refund to your client using the same disbursement method the client selected to receive the RT proceeds.
*Subject to bank and processing fee.
IRS Representation
An IRS audit can be an intimidating and complex process. If you or your business face an IRS audit, we can bring to bear years of experience in dealing with tax matters and IRS audit procedures to ensure that you are properly represented when dealing with the IRS and other tax authorities.
Notary Public
A notary public can help you to handle various business matters, including witnessing and authenticating document execution and signatures. We offer Notary Public services and are available when you need us.
Tax Preparation & Planning
Effective tax preparation and planning can help you to minimize your future tax liability. We can help you proactively manage both your personal and your business tax issues, including understanding how upcoming business opportunities impact your tax status and vice versa. Not all tax planning opportunities are readily apparent. By having us on your team, you are more likely to benefit from those opportunities. We understand how the latest federal, state and local tax legislation and other developments affect you and your business and we are constantly identifying new ways to reduce federal, state or local tax liabilities.
Small Business Tax Preparation
Getting a jump on your tax obligations and doing some early tax planning and preparation will put you in front of the game and in a good position when reporting time comes around. Sole-Proprietors or single member LLC’s can tax advantage of many tax strategies at the end of the tax year.
Financial Aid Filing Forms (FASFA)
The Free Application for Student Aid (FAFSA) is a form that can be prepared annually by current and prospective college students both undergraduate and graduate, in the United States to determine their eligibility for student financial aid (including the Pell Grant, Federal student loans and Federal Work-Study).
The U.S. Department of Education begins accepting the application beginning January 1 of each year for the upcoming academic year.
Offers in Compromise
An offer in compromise allows you to settle your tax debt for less than the full amount you owe. It may be a legitimate option if you can’t pay your full tax liability, or doing so creates a financial hardship. The IRS considers your unique set of facts and circumstances including ability to pay, Income, expenses and asset equity.
Offers in Settlement
An Offer in Settlement (OIS) is a proposal between a taxpayer and the Massachusetts Department of Revenue (DOR) to resolve the taxpayer’s tax liability. The Massachusetts Department of Revenue has the authority to settle state tax liabilities by accepting less than full payment under certain circumstances.
Gorman Tax Service can prepare any Offer in Settlement with any state.
Installment Agreement Arrangements
You can make monthly payments through an installment agreement if you’re not financially able to pay your tax debt immediately. However, you will reduce or eliminate the amount of penalties and interest you pay and avoid the fee associated with setting up an installment agreement if you pay your tax bill in full. Before you apply you must have all returns filed. Gorman Tax Service works with you and the IRS in making a payment arrangement that works for both you and the interests of the IRS.
Wage Garnishments and Levy Resolution
A levy is a legal seizure of your property to satisfy a tax debt. Levies are different from liens. A lien is a claim used as security for the tax debt, while a levy actually takes the property to satisfy the tax debt.
If you do not pay your taxes (or make arrangements to settle your debt), the IRS may seize and sell any type of real or personal property that you own or have an interest in.
Wage garnishment, the most common type of garnishment, is the process of deducting money from an employee’s monetary compensation (including salary), sometimes as a result of a court order. Wage garnishments continue until the entire debt is paid or arrangements are made to pay off the debt. Garnishments can be taken for any type of debt but common examples of debt that result in garnishments include: Child support, defaulted student loans, and taxes.
Gorman Tax Service works with both the IRS and any state to lift levies, stop garnishments and resolve your tax issue.
Tax Problem Resolution
Gorman Tax Service knows and understands the various programs both at the state level and the IRS to resolve your tax problem. We work closely with you and representatives from the IRS and applicable state to resolve tax issues and problems in a timely fashion getting you back on track.