Frequently Asked Questions

The most effective way to resolve IRS tax problems is through tax resolution services like those offered at Centsable Accounting. We specialize in negotiating Offers in Compromise, Installment Agreements, and Penalty Abatements. Our Enrolled Agents advocate directly with the IRS to settle back taxes, lift tax liens, and stop wage garnishments for Billings residents.

Yes, Centsable Accounting provides professional bookkeeping services for small businesses in the Billings area. Our QuickBooks-certified team handles financial transaction recording, payroll completion, and general ledger maintenance. Accurate bookkeeping ensures your business remains financially stable and prepared for tax season, allowing you to focus on daily operations.

An Enrolled Agent (EA) is a federally authorized tax practitioner who has technical expertise in the field of taxation. Unlike CPAs, who may focus on broad accounting, EAs are specialized in tax law and have unlimited representation rights before the IRS. This makes an EA the superior choice for complex tax resolution and audit representation.

Yes, Centsable Accounting provides expert IRS audit representation and preparation. We review your financial records, post debits and credits accurately, and represent your interests during the audit process. Having a professional tax solver by your side ensures that your documentation meets IRS standards and minimizes potential tax liabilities.

Tax preparation costs vary based on the complexity of the return and the volume of transactions. Centsable Accounting offers affordable rates for both individual and corporate tax filings. We focus on maximizing deductions and ensuring compliance to prevent future tax problems, providing a high return on investment for Billings business owners.

Yes, we offer comprehensive payroll services tailored to the needs of small businesses in Billings and surrounding areas. Our services include calculating employee pay, managing payroll taxes, and ensuring timely filing of all required tax documents. This helps business owners avoid common IRS penalties associated with payroll mismanagement.

An Offer in Compromise (OIC) is an IRS program that allows you to settle your tax debt for less than the full amount you owe. Qualification depends on your ability to pay, income, expenses, and asset equity. Centsable Accounting evaluates your financial situation to determine if an OIC is a viable solution for your tax debt.

Yes, we specialize in helping clients catch up on delinquent tax returns and managing back tax debt. Our team can reconstruct financial records, file missing returns to avoid further penalties, and negotiate payment plans with the IRS to prevent aggressive collection actions like bank levies or property seizures.

Tax planning is a proactive strategy used to minimize your tax liability through legal deductions, credits, and timing of income. By working with Centsable Accounting throughout the year, Billings business owners can structure their finances efficiently, ensuring they pay the least amount of tax required by law.

Centsable Accounting is located at 2680 Overland Ave, Suite D, Billings, Montana 59102. We have served individuals and businesses across the Treasure State for over 24 years, offering one-on-one consultations and up-to-date record-keeping software to simplify your financial life.