IRS Tax Resolution
Fresh Start Program
IRS Bank Levy Release
IRS Wage Garnishment Release
Offer In Compromise
State Payment Plans
State Audit Representation
Settle Back Taxes
IRS Audit Representation
File Past Tax Returns
Sometimes life throws you a curveball. And sometimes these curveballs turn into snowballs. A personal or financial set back can make it much easier to not file your personal or business tax returns. As soon as you break that barrier of not filing for one year it becomes much easier to not file the following years. It becomes, many times, much more overwhelming to file after having missed that first year.
It is never a smart move to not file your tax return. When you don’t file, the IRS and the State can and will file your return for you. When they do this, your return will be assessed at the highest tax bracket and give you no tax deductions or credits. On top of this, your balance to both the IRS and the State will accrue penalties and interest starting on the day the tax return was due.
That being said, it may be too late. You already had issues that had caused you not to file your tax return. The best route for you is to gather the needed information and file the returns as soon as possible. As a licensed tax matter representative, we can contact the IRS to get transcripts (records with the IRS of any income that has been reported under your name or business name. i.e. W2, 1099 etc..) to make sure that we file everything that the IRS shows you earned.
I understand the reason that you may not have filed is due to the fear of possibly owing a lot to the IRS or State. There are ways to resolve your back taxes in a way that you can handle. First, it is a priority to make sure that we capture all possible deductions, credits, and other write offs. Second, when there is a balance we can help get into a payment plan or a settlement to lower the amount owed.
Contact us today and get your back taxes done correctly, and timely with the surety that you will have any possible tax debt under your control.