Tax Compliance for Individuals

At Rosen Kuslansky, we know just how challenging the process of maintaining tax compliance can be. With ever-changing tax laws and the Internal Revenue Service’s steep fines for noncompliance, more individuals and businesses are turning to skilled tax professionals for assistance.

With our over 30 years of experience, you can rest assured, knowing you are in capable hands. We are committed to keeping up-to-date with state, federal, and international tax legislation and will diligently work to ensure you or your business remain tax compliant.

What is Tax Compliance?

Tax compliance refers to an individual or business’s decisions to comply with state, federal, and international tax laws and regulations – and to do so in an accurate and timely manner. For example, a taxpayer must comply with the applicable tax rules on declaring income, filing a tax return, and paying any taxes due before the deadline.

While this seems straightforward, tax compliance can quickly become complicated. Factors such as where you live or work greatly affect your tax obligations. Compounding the complexity is the fact that our state and federal tax laws change frequently. Unless you stay up-to-date, you may unknowingly be in noncompliance with the new regulations.

Ensuring Tax Compliance

Making sure you or your business comply with the current tax environment can be quite an undertaking. That is where we can help. We will consider all aspects of tax compliance relating to your situation and help you avoid fines, penalties, and audits.

Key aspects of tax compliance include:

• Accurately reporting all required information to the IRS
• Paying taxes due on time
• Filing annual individual or business tax returns before the deadline or promptly filing an extension.

Our tax compliance accountants can not only help you maintain compliance but can also explore ways to help you reduce your tax liability.
To get started, please call (212) 675-2600 or contact us online.