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Prime Tax Solutions LLC is a professional tax advisory firm based in Austin, Texas. We specialize in strategic tax planning, IRS debt resolution, tax return preparation, and full business tax advisory services for individuals, families, entrepreneurs, and growing businesses.
Our mission is to deliver ethical, results-driven tax solutions that position every client in their prime financial condition — compliant, optimized, and protected.
Yes — absolutely. Your first consultation with PrimeTax is always free, with no obligation and no pressure. We use this session to understand your situation, answer your questions, and determine the best path forward for your specific needs.
Yes. While we are based in Austin, Texas, we serve clients nationwide. We offer in-person, phone, and virtual consultations to accommodate clients in any state. We also specialize in multi-state tax compliance for individuals and businesses operating across multiple jurisdictions.
We respond to all inquiries within 24 business hours. For urgent IRS matters — such as levies, liens, or imminent collection actions — call us directly at (469) 407-5112 for same-day assistance.
Absolutely. All client information shared with PrimeTax is treated with the highest level of confidentiality. We never share, sell, or disclose your personal or financial information to any third party without your explicit consent. Your privacy and trust are our top priorities.
We prepare a full range of federal and state tax returns, including:
Yes — this is one of our specialties. We help clients with multiple years of unfiled returns get fully compliant as efficiently and cost-effectively as possible. We work to minimize penalties, organize your documentation, and create a clear path back to good standing with the IRS.
The sooner you act, the better your outcome. Contact us today →
Yes. If a previously filed return contains errors, missed deductions, or incorrect information, we can prepare and file an amended return (Form 1040-X) to correct it. In many cases, this results in a refund or reduced tax liability.
Absolutely. Our tax credit analysis service reviews your full financial picture to identify federal and state credits you may be eligible for but have not claimed — including education credits, energy credits, child and dependent care credits, earned income credits, and business-specific tax credits.
Yes. PrimeTax offers monthly bookkeeping, financial statement preparation, and year-end reporting to keep your financial records clean, organized, and audit-ready. Accurate books are the foundation of smart tax planning and business growth.
Yes. We provide payroll tax setup, compliance monitoring, and resolution of payroll tax issues with the IRS. Payroll tax problems are among the most aggressively pursued by the IRS, so proactive compliance is essential for any business with employees.
Do not ignore it. IRS notices require a response within a specific timeframe — ignoring them leads to escalating penalties, interest, and collection actions such as liens and levies.
Contact PrimeTax immediately. We will review the notice, determine the appropriate response, and handle all IRS communications on your behalf. Call us at (469) 407-5112 for same-day assistance.
An Offer in Compromise is an IRS program that allows qualifying taxpayers to settle their tax debt for significantly less than the full amount owed. The IRS considers your income, expenses, asset equity, and ability to pay when evaluating an OIC.
PrimeTax conducts a full eligibility assessment, prepares the complete OIC package (Forms 656 and 433-A/B), and negotiates directly with the IRS on your behalf for the best possible settlement outcome.
Yes — in many cases. The IRS offers penalty abatement programs including First-Time Abatement (FTA) and Reasonable Cause abatement. If you qualify, penalties can be reduced or entirely removed, significantly lowering your total liability.
PrimeTax evaluates your eligibility and submits strategic penalty abatement requests on your behalf.
An installment agreement is an IRS payment plan that allows you to pay your tax debt in manageable monthly payments rather than a lump sum. PrimeTax negotiates the most favorable payment terms based on your income and financial situation.
A tax lien is a legal claim against your property. A tax levy is the actual seizure of property — including bank accounts, wages, and assets. Both are serious and require immediate action.
PrimeTax can file for lien release or subordination, and work to stop or reverse levy actions through negotiation, installment agreements, or other resolution programs. Contact us immediately if this is your situation.
Yes — fully. PrimeTax provides complete audit defense representation for correspondence, office, and field audits. We handle all IRS communications, gather and organize your documentation, prepare your response, and represent you directly throughout the entire examination process.
Currently Not Collectible (CNC) is an IRS status granted to taxpayers who owe taxes but cannot afford to pay due to financial hardship. While in CNC status, the IRS temporarily suspends collection activity against you — no levies, no garnishments.
PrimeTax evaluates whether you qualify and submits the necessary documentation to request CNC status on your behalf.
The best structure depends on your specific situation — your income level, business type, number of owners, and long-term goals. Common options include:
PrimeTax conducts a full entity analysis and recommends the structure that maximizes your tax efficiency from day one.
Yes. PrimeTax handles the complete business formation process including entity selection, state registration, EIN registration with the IRS, and S-Corporation tax election filing (Form 2553). We ensure your business is structured correctly and tax-efficiently from its first day of operation.
Yes. If your business operates in multiple states, you may have tax filing and registration obligations in each jurisdiction. PrimeTax provides multi-state tax compliance support to ensure you meet all federal and state requirements, avoid penalties, and stay in good standing across all locations.
Yes. Our business advisory services include financial forecasting, cash-flow planning, and tax-efficient growth strategy. We help business owners understand how their financial decisions affect their tax position — and how to grow profitably while minimizing their tax burden.
Generally, if your net self-employment income exceeds $40,000–$50,000 per year, transitioning to an S-Corporation can save you significant self-employment tax. An LLC provides liability protection at any income level. The right time depends on your specific numbers and situation — our team can run a full analysis for you.
Proactive tax planning means working on your tax strategy throughout the year — not just at filing time. By reviewing your income, deductions, investments, and business decisions before year-end, we identify legal opportunities to reduce your tax liability before it's too late to act.
Most people overpay taxes simply because they didn't plan ahead. PrimeTax clients consistently reduce their tax burden through year-round strategic planning.
Yes. If you're self-employed, a freelancer, or a business owner, you are generally required to pay estimated quarterly taxes. PrimeTax calculates your quarterly obligations, helps you set aside the right amount, and ensures you avoid underpayment penalties throughout the year.
Major life events can significantly impact your tax situation. PrimeTax helps clients plan for:
Yes. We help clients optimize their retirement account contributions — including 401(k), IRA, SEP-IRA, and Solo 401(k) — to reduce current taxable income while building long-term wealth. We also advise on Roth conversion strategies and required minimum distributions (RMDs) for existing retirees.
Your free initial consultation is a 30–60 minute session with a PrimeTax advisor. We review your current tax situation, understand your goals, identify any IRS issues, and outline a clear plan of action. You'll leave the session with complete clarity on what steps to take — with no obligation to continue.
Consultations are available in-person in Austin, TX, by phone, or via video call. Book yours here →
Yes. PrimeTax is available year-round — not just during tax season. Our ongoing advisory clients receive quarterly strategy sessions, real-time tax planning guidance, and priority access to our advisors for questions and decisions that arise throughout the year.
To make the most of your consultation, it's helpful to have:
If you don't have everything, don't worry — we can work with whatever you have. Our goal is simply to understand your situation as clearly as possible.
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