About Us

NetCPA's is a CPA firm concentrated on Xero based out of Breckenridge. Terry Power, CPA, is the principal. Terry focuses exclusively on providing Xero-based accounting solutions for small businesses.

He currently has Xero clients in Denver, Summit and Eagle Counties, with plans to expand to anywhere in the US a client needs Xero.    

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Aug 31

How to Settle Back Taxes with the IRS

Posted by Terrence Power, CPA at Wednesday, August 31, 2016

I’m pleased to announce I am now offering a new service that allows taxpayers who owe the IRS back taxes to settle for, in many cases, much less than what they owe.  This program is commonly referred to as the “offer in compromise” settlement option.

I’ve spent the past year studying the program and reading the IRS guidelines so that I am fully prepared to offer a high level of service.  I also have a relationship with a nationally recognized CPA/Attorney from New York who collaborates with me on the offers prior to submission to the IRS.  He is an expert in these matters.

You may remember seeing commercials on late-night TV promising to reduce your tax debt for pennies on the dollar.  This is the same program, but the difference is unlike many of those companies who advertise I won’t bleed you dry with fees and then tell you you don’t stand a chance.  If you aren’t eligible I will let you know at the beginning.

The fee for a determination of your eligibility is $750.  Preparation and submission of the offer, should it be in your best interest, is another $3,000.  Fees do need to be paid in advance.

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