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  • Accounting Solutions
  • Tax Preparation
Careers
The Investors Dream
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Income Tax Solutions Made Simple!

Maximize Your Profits & Incorporating Accounting Strategies

Preparation Oversight Can Have An Adverse Effect!

Many taxpayers receive a lower refund than expected because certain income, deductions, or credits were missed or reported incorrectly during the tax preparation process by them or by their preparation specialist. 


Some of the most common mistakes include not claiming all eligible tax credits and deductions, such as the Child Tax Credit, education credits for students, childcare expenses, or homeowner-related deductions like mortgage interest and property taxes. Another frequent issue is failing to report all income sources, including freelance or side-gig income, investment earnings, cryptocurrency transactions, or rental property income, which can lead to corrections by the IRS and adjustments to the refund amount. 


Historical data shows taxpayers and preparation specialist often  overlook deductible expenses related to self-employment, such as business mileage, home office expenses, or equipment purchases. In addition, filing status errors, incorrect dependent claims, and missing documentation can reduce or delay a refund. Carefully reviewing all financial information and available tax benefits during preparation helps ensure taxpayers receive the maximum refund they are legally entitled to while remaining fully compliant with tax regulations.

Maximize Your Profits with Empire Accounting Solutions

Empire takes a comprehensive and detail-oriented approach to every tax filing we prepare. Our team carefully reviews each client’s financial situation to ensure no opportunity is overlooked and that every applicable tax credit and deduction is properly considered. 


This includes areas such as homeowner deductions, freelance or side-gig income, childcare expenses, student education credits, the Child Tax Credit, the sale of investments or cryptocurrency, the sale of a primary residence, and rental property income. 


With more than 300 potential tax credits and deductions reviewed during our preparation process, Empire is committed to maximizing accuracy, compliance, and the financial benefit available to each client while providing professional guidance every step of the way.

IRS LIST OF CREDITS/DEDUCTIONS

Tax Solution Services:

Individual Returns

Corporate Business Returns

Self- Employed Returns

Empire is committed to your financial success. 


W-2 employees 

Unemployment


1040 Original

1040-X Amended


Self- Employed Returns

Corporate Business Returns

Self- Employed Returns

Experience the luxury of financial solutions designed for you. 


W-2 employees 

Unemployment

1099 Contractors

LLC or Sole Proprietorship


SCH. C

1040 Original

1040-X Amended

Corporate Business Returns

Corporate Business Returns

Corporate Business Returns

Our team comprises highly skilled professionals dedicated to you.


W-2 employees 

1099 Contractors

S Corp 


1020-S

Schedule K-1

ITIN Assistance

Corporate Business Returns

Corporate Business Returns

We will simplify your ITIN experience and deliver assistance every step of the way!


W-7

SS4

1040/1040-NR

CNC Status

Stop IRS collections before they stop you. If paying your IRS tax debt means you can't afford your basic living expenses, you may qualify for Currently Not Collectible (CNC) status. Approval can temporarily suspend IRS collection actions such as wage garnishments, bank levies, and certain asset seizures. Let Empire evaluate your eligibility, prepare your hardship request, and help you pursue the financial relief you deserve.
 

Note: CNC status is not guaranteed. Eligibility is determined by the IRS based on your financial condition and supporting documentation.

Offer in Compromise (OIC)

Settle Your IRS Tax Debt for Less

An IRS Offer in Compromise (OIC) may allow qualified taxpayers to settle their tax debt for less than the full amount owed. Because the IRS carefully reviews your income, expenses, assets, and financial situation, submitting a complete and accurate application is essential.

Empire can evaluate your eligibility, prepare your application, and help present the strongest possible case. If an OIC isn't your best option, we'll help you explore other IRS tax relief solutions that may better fit your circumstances.


Note: Approval is determined solely by the IRS based on eligibility and supporting documentation.

Partial Payment Installment Agreement

An IRS Partial Payment Installment Agreement (PPIA) allows some eligible taxpayers to make reduced monthly payments toward their tax debt based on what they can realistically afford, rather than paying the full balance immediately. The IRS carefully evaluates your income, living expenses, assets, and overall financial situation before approving a PPIA.

Empire can review your financial circumstances, determine whether you may qualify, and prepare a complete and accurate application designed to support your request. If a PPIA isn't the best solution, we'll help you explore other IRS tax relief options that may better meet your needs.


Short-Term Payment Plan: Up to 180 days to pay the full balance.


Long-Term Payment Plan (Standard Installment Agreement): Up to 72 months of monthly payments.


Note: Approval is determined solely by the IRS based on your financial condition, compliance history, and supporting documentation.

Contact Us

Lets Talk About Your Tax Situation!
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At Empire We (Do Not) Simply Go Off What You Initially Provide Us... Our team of experts will ask several probing questions to determine if you qualify for unrealized credits and deductions which could save you hundreds to thousands in financial liabilities and improve your overall refund amount.


- Empire


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