The IRS continually focuses on identifying taxpayers who have not filed a tax return and were required to do so. The IRS is developing computerized techniques to identify such taxpayers. It also promotes legislation that requires more detailed taxpayer income reporting, which aids them in pursuing non-filers more aggressively. IRS Tax Resolution Dallas
Not filing your tax returns can be a criminal offense. Taxpayers can be prosecuted and punished with potential jail time, one year for each year not filed. From another perspective, many taxpayers forgoe refunds by not filing tax returns. You generally have 3 years to file a tax return in order to claim a refund. Why do you want to give your refund money to the IRS for failing to file your tax returns! IRS Tax Resolution Allen TX, IRS Tax Resolution DFW
In addition, there are late filing penalties that create further outstanding debt to the IRS. So the longer you wait the greater the amount of these penalties. IRS Tax Resolution Plano
We can give you peace of mind by getting your prior year tax returns filed and in compliance with the law. It is generally more beneficial if you voluntarily file your delinquent returns since you will avoid further compounding of interest and penalties. IRS Tax Resolution Frisco
If you don't file your return, the IRS will file it for you, usually with little or none of the deductions you are entitled to. This leads to a greater tax liability that you will be expected to pay!
Let us help you get your returns filed, helping you better understand your outstanding taxes and putting you in a better position to completely resolve your overall tax concerns. IRS Tax Resolution McKinney, IRS Tax Resolution Richardson