Tax Monitoring Services
Stay on top of your taxes—before they get on top of you.
Taxes don’t just happen once a year. Income changes, tax laws shift, and IRS notices can show up at any time. That’s why we offer Tax Monitoring Services—an ongoing, proactive way to track your tax obligations, catch issues early, and keep everything running smoothly all year long.
Whether you’re an individual with multiple income sources, a freelancer juggling 1099s, or a small business owner with employees and deductions to manage, tax monitoring can save you time, stress, and—most importantly—money.
What Is Tax Monitoring?
Tax monitoring is like having a financial co-pilot. It means we continuously:
With tax monitoring in place, you’re no longer flying blind between tax seasons. You’ll know where you stand financially—and what you need to do to stay compliant and optimized.
Real-Life Situations Where Tax Monitoring Made a Difference
The Self-Employed Consultant with Quarterly Tax Trouble
A graphic designer earning freelance income came to us after getting hit with an IRS penalty for underpayment. Like many self-employed people, he wasn’t making estimated tax payments on time. With our monitoring service, we set up a quarterly check-in, reminded him of due dates, adjusted his estimates based on actual income, and avoided further penalties moving forward.
The Landlord with Rental Income Surprises
A client who owned several rental properties thought they were tracking everything correctly. But we noticed discrepancies in reported income versus deposits and flagged a potential audit risk. By reconciling their books and issuing corrected reports proactively, we helped them avoid IRS scrutiny and saved them thousands in future interest and penalties.
The Family with Withholding Gaps
Another client—two working parents—assumed their W-2 withholdings were enough. We monitored their IRS account and spotted a growing balance due due to a change in income and fewer deductions under current tax law. We helped them adjust their withholdings mid-year, avoiding a big tax bill (and late-payment fees) during filing season.
Key Benefits of Tax Monitoring
Early Detection of potential issues
Ongoing IRS Account Access and alerts
Estimated Tax Payment Planning
Avoidance of Penalties and Interest
Peace of Mind year-round—not just in April
Tailored Adjustments to your tax strategy as life or business evolves
Think of it as a safety net—or better yet, a guardrail—helping you avoid bumps in the road before they become tax disasters.
Who Needs Tax Monitoring?
Tax monitoring is ideal for:
Self-employed individuals or freelancers
Business owners and LLCs
Anyone with rental income or investment accounts
High-income earners with complex returns
People who have received IRS notices in the past
Clients with previous underpayment penalties or back taxes
Even if you think your situation is “simple,” things can change quickly—new job, new child, home purchase, inheritance, business income. Monitoring helps you stay in control.
Keep an eye on your tax accounts with the IRS
Audit monitoring - Proactive action for up to 180 days before IRS issued audit letter
IRS notices responses - You don’t have to worry about them anymore
Alert you to potential issues or deadlines before they become problems
Transcript monitoring
Help adjust your tax strategy in real time, not after the fact - we offer a review of your tax situation in the middle of the year, just to make sure, that you are on the right direction of your tax strategy
Ready to Get Started?
We’re proud to serve our local community in Colorado, but we also work with clients across the U.S. Whether you’re a freelancer in New York, a business owner in Texas, or an expat living abroad—we’re ready to help you navigate your tax situation.