Tax Resolution for Non Filers
Behind on Filing Your Income Tax Returns?
If you’re a year or more behind on filing your income tax returns, we can help. We specialize in fixing, submitting, and correcting unfiled returns, ensuring you get back on track with the IRS.
How a Tax Resolution Professional Can Help You
A tax resolution professional can help you:
Life can sometimes throw unexpected challenges your way, like divorce, illness, job loss, or a family death, which may have sidetracked you from filing your tax return on time. If you're overwhelmed by the tax filing process or facing financial constraints, waiting to file is not advisable.
You might also have a unique situation with your spouse regarding filing or paying taxes. In certain cases, claiming "innocent spouse" status can rectify errors in your tax account.
No matter your circumstances, when you're ready to catch up, we're here to assist. The sooner you address your tax concerns, the sooner we can help relieve the psychological burden and lighten your stress load.
Addressing Back Taxes: Importance and Steps
It's crucial to file back taxes as soon as possible, regardless of your ability to pay. Doing so stops the failure-to-file penalty and marks the first step toward compliance.
Having the IRS estimate your return isn't advisable. Instead, hire a tax professional to assist in catching up and represent your case to the IRS. They can help find a manageable way to settle your tax debt without causing financial hardship.
While national chains offer tax assistance, local clients prefer hiring neighborhood tax professionals for personalized service and expertise.
Failure to file penalties, Trust Fund Recovery Penalties, interest on late taxes, and the taxes themselves can accumulate quickly, adding significant stress and financial burden. Addressing these issues promptly is essential for peace of mind and financial stability.
How a Tax Professional Can Assist You:
A tax professional offers invaluable support in several key areas:
- Crafting professional responses to IRS correspondence
- Helping you organize records and receipts, ensuring accurate bookkeeping for timely tax filings
- Expertly preparing and filing any overdue income tax returns
- Providing clear guidance on steps needed to regain compliance with the IRS
Consequences of Not Filing Your Tax Return(s):
The IRS takes aggressive action against non-filers and non-payers. Even if you owe little, filing promptly is crucial to halt escalating penalties and interest charges.
IRS debt can accumulate swiftly, including failure-to-file penalties, interest on overdue taxes, and the taxes themselves. Avoid the potential 25% failure-to-file penalty by addressing your tax obligations promptly to prevent financial strain.
Solutions for Your Delinquent Income Tax Return Filings
Contact us at no obligation to you so we can understand your specific tax situation and provide advice on the options available to you. Your tax issue is handled with the utmost confidentiality and privacy.
Serving clients across Dumfries, Woodbridge, Prince William County, Manassas, Fairfax County, Northern Virginia, Greater Washington, and the surrounding areas.