Depending on complexity, services may include:
Reconstruction of incomplete or inaccurate financial records
Unfiled & Amended returns
Payroll or sales tax issues
Notices, penalties, cleanup
Prior-year tax return review and correction
Amended returns (1040X, 1065X, 1120X)
IRS transcript analysis and discrepancy resolution
Income, expense, and basis reconciliation
Credit eligibility re-evaluation
Compliance realignment with current tax law
IRS and state correspondence support when required
Required when prior-year inaccuracies, incomplete records, or compliance issues are identified.
Billed separately from standard preparation.
Business Tax Resolution services address existing compliance or tax problems affecting a business.
This may include unfiled returns, payroll or sales tax issues, IRS or state notices, penalties, balances due, or compliance cleanup.
No guarantees are made regarding outcomes, penalties, or processing timelines.
While no outcome can be guaranteed, clients who properly document expenses and follow planning guidance often experience material reductions in tax liability, frequently ranging from approximately 30% to 60%, based on their specific facts and circumstances.
Velmarq Group LLC does not guarantee the elimination of tax liability, refunds, or specific tax outcomes.
All results vary by client and are dependent on income structure, documentation, and compliance with applicable tax law.
Depending on complexity, services may include:
Reconstruction of incomplete or inaccurate financial records
Unfiled & Amended returns
Payroll or sales tax issues
Notices, penalties, cleanup
Prior-year tax return review and correction
Amended returns (1040X, 1065X, 1120X)
IRS transcript analysis and discrepancy resolution
Income, expense, and basis reconciliation
Credit eligibility re-evaluation
Compliance realignment with current tax law
IRS and state correspondence support when required
Required when prior-year inaccuracies, incomplete records, or compliance issues are identified.
Billed separately from standard preparation.
Business Tax Resolution services address existing compliance or tax problems affecting a business.
This may include unfiled returns, payroll or sales tax issues, IRS or state notices, penalties, balances due, or compliance cleanup.
No guarantees are made regarding outcomes, penalties, or processing timelines.
While no outcome can be guaranteed, clients who properly document expenses and follow planning guidance often experience material reductions in tax liability, frequently ranging from approximately 30% to 60%, based on their specific facts and circumstances.
Velmarq Group LLC does not guarantee the elimination of tax liability, refunds, or specific tax outcomes.
All results vary by client and are dependent on income structure, documentation, and compliance with applicable tax law.