Our Tax Experts

The main difference between a Certified Public Accountant (CPA) and an Enrolled Agent (EA) lies in their areas of expertise. Enrolled Agents are tax specialists whose primary focus is on taxation. As an EA, we are federally licensed and specialize in tax law, dedicating ourselves to all aspects of taxation, including tax planning, preparation, and representation before the IRS.

On the other hand, CPAs are licensed by state boards of accountancy and primarily focus on accounting and auditing services. While many CPAs are skilled in various aspects of taxation, their training is more broad-based, covering a more comprehensive range of accounting services.

At Thrive Tax Solutions, we, as Enrolled Agents, spend hundreds of hours each year refining our tax-related skills and knowledge. Our commitment is strictly centered on optimizing your tax bills and ensuring you benefit from the most current and effective tax strategies available. Our specialized focus on taxation means you receive expert, up-to-date advice tailored to your unique financial situation.

Yes, we can! At Thrive Tax Solutions, we understand the importance of comprehensive financial management. While we specialize in tax strategy and advisory services, we recognize the vital role that payroll and bookkeeping play in your business’s success. We have partnered with exceptional bookkeepers and payroll specialists to ensure you receive top-notch support in these areas.

We act as a one-stop shop – your central hub for connecting to all the business services you need. Our approach allows us to offer you these essential services through our trusted partners, who can provide them at a more cost-effective rate than if we handled them internally. This collaboration ensures you receive high-quality, specialized support in every aspect of your business’s financial management under Thrive Tax Solutions’ coordinated guidance.

An IRS transcript is a detailed document that provides a comprehensive record of your tax filings as recorded by the Internal Revenue Service (IRS). It includes information about your past tax returns, such as income reported, tax credits, deductions taken, and any adjustments made by the IRS.

One significant aspect of IRS transcripts is their ability to serve as an early warning system for audits or examinations. The IRS often codes transcripts with indicators of a potential audit or examination up to six months before any official communication is sent to the taxpayer. This early indication is crucial as it allows us, at Thrive Tax Solutions, to proactively see these signals before our clients are officially notified.

By monitoring your IRS transcripts through our Transcript Watch service, we can identify these audit signals in advance, giving us ample time to prepare and respond effectively. This proactive approach is integral to our commitment to keeping you one step ahead in your tax strategy and compliance.

Absolutely! Investing in tax advisory services, especially if you’re a real estate investor, involved in alternative investments, or a small business owner, can be incredibly beneficial. These services go beyond mere tax preparation; they involve strategic planning to optimize your tax situation, potentially saving you significant money in the long run.

At Thrive Tax Solutions, our tax advisory should pay for itself multiple times. Our goal is to uncover opportunities for tax savings that exceed the cost of our consultation. We consider it a failure if we can’t save you more tax money than our consultation fees. To ensure your confidence in our services, we offer a commitment: if we can’t find ways to save you money, we’ll gladly refund the money you’ve paid for our consultation.

This guarantee underlines our commitment to providing value and tangible financial benefits through our tax advisory services. We’re here to ensure that your investment in our services is worthwhile and significantly contributes to your financial success.