Delinquent Tax Returns

Are you living in fear because you haven’t paid your back taxes? Have you skipped the filing process for tax returns for years? You may have reason to worry. The good news is you can take steps to resolve these issues with the help of a professional — much as a good lawyer can help get someone out of a very sticky situation.

Unfiled tax returns should never be taken lightly. You should always consult a professional to help you file back taxes. Over time, failing to file taxes each year snowballs into a giant problem. It is imperative to be up-to-date to avoid complications associated with tax debt. Delinquent taxes can jeopardize you and your family’s finances.

You’ve probably received several notices in the mail from the IRS by now. If not, it’s only a matter of time. You can get the help you need to file tax returns immediately. Don’t think you’re alone; millions of Americans fall into this trap.

We are a professional tax company that has helped thousands of customers to solve back tax problems. Countless citizens have consulted us to file late tax returns and also get them out of debt. We act fast too, before penalties or forced actions are taken by the IRS.



Penalties & Interest Will Accrue Over Time


One of the main reasons to ignore the filing process tends to be lack of funds to pay owed taxes. Some people are simply unaware of the extreme consequences of not filing. Penalties and facts about not filing a legal tax return each year:


In the eyes of the IRS, if you don’t file a tax return, it is considered a criminal offense. You can end up being sentenced with a misdemeanor or even a felony charge.

The crime of not filing taxes can possibly leave you serving a year in jail, as well as paying $10,000 in fines for each passing year.

On occasion, the IRS will possibly file taxes on your behalf. In this event a Substitute for Return (SFR) will be put in process, even if you choose not to file.

When an SFR is filed it will likely benefit the government more than the individual taxpayer. An overstatement of taxes owed may occur. You may miss helpful itemized deductions that are rightfully yours, that could also help reduce your debt.

The IRS can enforce collections in the form of property seizures, wage deductions, suspension of licenses and permits, as well as damage to your credit report rating.

It is your RIGHT to file a tax return, in the original form, even if you file years later.


You Must File Your Returns Before You Can Negotiate Your Debt


Think of what it would be like to lose your sanity and freedom when you could have opted to settle, or make reasonable payment arrangements? The IRS is stringent when it comes to tax settlements, especially if you are not very knowledgeable. Once you file all the legally pending tax returns, you can start negotiating your settlements. Until then, they will not budge.


The first step to negotiate a payment plan with the Internal Revenue Service is to apply/file all delinquent tax returns. You’ll want to ensure accuracy, so be sure to use a tax professional that’s familiar with this process. An Offer in Compromise Tax Settlement may also be an option.

Remember, owing delinquent taxes to the government is much like owing your credit card company – they will keep adding penalties and/or interest for time lost or owed. The charges will accumulate.



Contact Us Today


Even if this has already happened, it’s possible to beat the IRS. Don’t take them on yourself. Know your rights. An experienced accountant or tax preparer can certainly help you, regardless of the circumstances. A consultation for delinquent taxes can always be arranged. Just remember, there’s always hope. Call us toll free at: 866.749.7717