• Home
  • >
  • Accurate Tax Filing for Individuals & Businesses

20+ Years Experience

Enrolled Agent (EA)

Certified Tax Resolution Specialist

Published Author

What We File:

Individual Returns

We prepare federal and various state returns.

Business Returns

C-Corps, S-Corps, Partnerships, LLCs, and Sole Proprietors. We understand business tax structures and file accordingly.

Multi-Year Filings

Catch-up filings for multiple unfiled years, filed in proper sequence with strategic credit application. Learn more.

Amended Returns

Correcting prior-year errors for federal and various state tax returns. Often results in refunds.

Why Accuracy Matters

Inaccurate returns create a cascade of problems: audit notices, penalties, interest, and compliance issues that multiply year after year. We invest time in understanding your complete financial picture so we get it right the first time.

Audit Prevention

Our returns are prepared defensibly. We document deductions, reconcile income to third-party reports (W-2s, 1099s), and explain unusual items. This reduces your audit risk significantly.

Compliance & Peace of Mind

You can confidently file knowing the IRS won't later find errors. If an issue does arise, we handle the response.

Not Just Filing — Planning Ahead

Once we file your return, we discuss tax planning for the upcoming year. Learn about estimated taxes, business deductions, and strategies to reduce your next bill. 
See Tax Planning →

Your Resolution Options

Installment Agreement

The most common option. We negotiate a monthly payment plan (typically 5-7 years). You remain current and compliant, avoiding liens and levies.

Offer in Compromise

Settle your debt for pennies on the dollar. If your financial situation is dire, you may qualify. Requires careful documentation and IRS approval.

Penalty Abatement

The IRS charges 20-25% in penalties. We petition for relief if you have reasonable cause: medical hardship, system failure, or previous good compliance.

Currently Not Collectible

In extreme cases, we request CNC status. The IRS temporarily stops collection, pauses interest, and reassesses later. Buys time during hardship.

Why Choose Leonard Prather for Tax Filing?

Leonard holds Registered Tax Return Preparer (RTRP) status, meaning he's passed IRS competency exams. His 20+ years in accounting and bookkeeping mean you get comprehensive knowledge of both federal and New Jersey state tax rules. And his specialty in multi-year compliance means complex situations don't faze him.

Frequently Asked Questions

How long does it take to prepare my return?

Simple individual returns typically take 2-3 weeks. Complex business returns or multi-year filings take longer. We'll give you a timeline when we meet.

What documents do I need to bring?

Bring all income statements (W-2s, 1099s, K-1s), last year's return, expense records, mortgage statements, property tax bills, and details of any major financial changes. For businesses, bring profit & loss statements and balance sheets.

Can you amend prior-year returns?

Yes. We file Form 1040-X (federal) and NJ-1040-X (state) to correct errors on prior returns. This is common and can often result in refunds.

What if I'm missing some documents?

We work with what you have. For missing records, we may contact the IRS or source of income directly, or reconstruct income using available information.

Will filing my return trigger an audit?

Professional returns prepared with proper documentation are audit-resistant. Our returns are defensible and explain any unusual items. Audits are rare and usually manageable.

Do you e-file or paper file?

We e-file federal tax returns for speed and confirmation. State returns are e-filed where available. This means faster processing and refunds.

Get Your Tax Issues Resolved Today

Contact LP Tax Services LLC for a confidential consultation. We serve Somerset County, NJ and surrounding areas.