Sacramento CPA Firm Now Offers IRS Representation and California Estate Planning

Sacramento, CA (PRWEB) June 22, 2007 -- Sacramento CPA firm, Murray & Young, now offers the American public two new services: IRS Representation for delinquent taxpayers and comprehensive solutions to protect personal assets within the laws of http://april15.com/index.html).

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Delinquent taxpayers have two choices: to continue to evade Uncle Sam and hope that they will not be caught; or come clean and stop running. Sacramento CPA firm, Murray & Young, consult with at least one new client each week with outstanding tax returns. The most quoted reason for not coming forward is fear of IRS penalties, and perhaps even prosecution.

Tax evaders are generally average Americans (roughly five percent of the population) who have simply forgotten to file their return due to physical or psychological stress. Some then allow it to spiral out of control, year after year, afraid of the consequences. Sacramento CPA firm, Murray & Young, offers free, confidential consultations to find solutions that fit their clients regardless of the situation. They are experts at drawing up and filing late returns, and in advising their clients what to expect in the way of penalties and fees. The experts of the Sacramento CPA firm, Murray & Young, even provide their clients with http://april15.com/tax_planning.html) if the need arises.

">IRS Representation (http://april15.com/tax_planning.html) if the need arises.

Representatives of the Sacramento CPA firm, Murray & Young, report that it is not IRS policy to prosecute delinquent taxpayers, who come forward of their own accord. If a person does come forward to file a late return the same penalties apply to delinquent returns as those penalties levied against persons, who filed but neglected to pay.

If there is a balance owing, a penalty from 5% up to 25% per month is levied. If no balance is owed, or a refund is recorded, there is no penalty.

However, if the situation is reversed and the IRS finds a delinquent taxpayer, they will prosecute for a misdemeanor violation which carries a term of up to one year in prison and a $25,000 fine. The catch - the IRS must show the party did not intend to file or pay their return(s) and in this case IRS Representation (http://april15.com/tax_planning.html) from one of the experts at Sacramento CPA firm, Murray & Young, is necessary.

Keep in mind two additional facts. Firstly, there is no statute of limitations on past due taxes, nor are they dischargeable in bankruptcy. Secondly, there is only a three year limit to collect on a refund.

Another service now available from the Sacramento CPA Firm, Murray & Young, help Americans safely navigate the legalities of California Estate Planning (http://april15.com/tax_planning.html). California Estate Planning encompasses more than just distribution of one's assets at death. It consists of three major components: accumulation, preservation, and distribution.

Accumulation is simply building wealth and assets through investments, savings, and monetary ventures. Preservation of those assets deals with minimizing the impact of taxes, inflation, and premature distribution during and after life. Distribution is the cost effective, systematic transfer of those assets at death to the next generation.

The Sacramento CPA firm, Murray & Young, helps clients set up appropriate life plans, regardless of income, and assist with the planning, accruement, and final appropriation of one's estate. California Estate Planning by a certified Sacramento CPA ensures that clients take full advantage of applicable tax breaks to guarantee that the maximum benefits from the estate go to the benefactors, and not to the tax man.

In both cases, tax evasion (intentional or not), and estate planning (for life and in the event of one's death) are issues of great concern and confusion to the majority of Americans. The Sacramento CPA team at Murray & Young can help Americans address these concerns, find solutions, and put those solutions into action. Murray & Young offers official IRS Representation, and California Estate Planning advice, and implementation from conception to completion.

For more information on IRS Representation, California Estate Planning, or the Sacramento CPA team at Murray and Young, visit the official website at: http://www.april15.com To obtain an expert opinion on tax planning and/or tax representation services, contact Murray & Young directly at (916) 483-8300 or toll free number (800) 914-TAXX (8299); fill out the Contact Us form online to obtain a tax review for your requirements; or fax your queries to 916.488.8299.

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