Easy to File Past Due Returns

You may not have all the necessary information to file your past due returns, but we can get it!

As long as you know your name, social security number and the names and social security numbers of your dependents.  We can do the rest.

We contact the IRS, on your behalf and get the necessary information to complete your past due returns.  We can usually do this with in a matter of 3 business days.  Questions on past due returns

Don’t Stress - Take if One Step At a Time

There are millions of Americans who for different reasons miss filing their taxes on the due date.  And then the months roll into years and before you know it, you have not filed past due returns for 2 or 3 years.

Taxpayers who have experience, divorce, loss of life of a close family member or friend, loss of job, severe accidents, illness, depression, serious lifestyle change or loss of business may have problems staying in compliance with the IRS’s filing dates.

Taxpayers using drugs or taking prescribed medicine also fall into the above group.  Either way keep records of your medical visits - this may help you to abate penalities.

Often times these taxpayers fall into a fog and all the letters that the IRS sends means nothing, until the day  they walk into the bank and find that the IRS has cleaned their bank account out.

There are provisions for you.  First, you must file your past due returns.  If there was an illness or a death involved, you can request that your penalties be abated. (eliminated) Questions on past due returns

Why You Want a Tax Professional to Complete Your Past Due Return

We can find out exactly what the IRS knows about each tax year in question without having to admit or commit to anything.

If the IRS has filed a substitute return for you, (that's a return that the IRS files for you to determine how much you owe "them") the only way you can change the amount that you owe is by filing your own past due return.

We contact the IRS for you, get the income documentation that they used to prepare your past due returns and we include your dependents, if any, and other legal deductions that you are entitled to, and lower your tax liability.

A good tax service will provide an audit alert summary of your past due returns, based upon returns filed by millions of other tax payers in your same tax bracket. Questions on past due returns

Never, Ever . . . .

Never lie to the IRS about your assets or anything else. It is a federal crime to lie to a federal agent.

Have us prepare your back taxes based upon the IRS's documentation of your income for the years(s) in question. This way, you don't have to speak with the IRS directly and you don't run the risk of telling the IRS an untruth.

In any telephone conversation that you have with the IRS, when there is a balance due, they will ask you where your work, and where do you bank at?  If you don't speak to them; then you may not have to answer these two questions.  (It's not like they can't find out) Questions on past due returns

What Happens When You Don't File A Past Due Return

The IRS will file a substitute return for you.  But this return is based on information the IRS has from your employers, banks and etc.  When the IRS prepares your back tax return, they don’t include additional exemptions or any expenses that you may legally be entitled to.  Thus you end up owing a lot more then if you had completed your own past due return.

Once your past due return is filed, the IRS will adjust your past due return to show a lower tax liability.  If when you complete your back tax return and find that the liability is higher then what the IRS has provided …………..

Not filling past due returns is costing you money each day.  Interest is compounded daily

IRS Collections

Personal Wealth is growing and so is the IRS’s collection efforts.  According to the IRS Statistics, close to 3 million  taxpayers, in 2004, had gross assets of $1.5 million or more.  At the same time the IRS levied over 3.5 million individual bank accounts in 2006. 

Bank levies is one of the IRS’s most popular ways to collect unpaid tax liabilities.  After the IRS sends you a number of communications, and there is no response or no payments from the tax payer, then bank levy is the next step.

A Notice of Levy is sent to you (using certified mail) and to your bank.  The IRS Levy requires the bank to freeze all the money in your accounts.  This includes joint accounts, or any accounts with your social security number on it.  The accounts are frozen for 21 days and you can’t get use your accounts during this period of time.

During this 21 day period, you  can negotiate with the IRS.

It is during this 21 day period that you can contact a tax attorney or an enrolled agent.  If you don’t have the finances to pay either of these professionals, you can file your past due returns and request an Installment Agreement with the IRS.

If you take a day off from work, usually you can get most of this accomplished, IF you go to the nearest IRS office with your past due returns.  (If you need help with preparing your past due returns - please use the email address at the top of the page)

Tax preparers and Tax Accountants are not permitted to represent you before the IRS after a problem has already developed with a particular tax year.  However, if the problem is that you have not filed your past due returns, then a Tax Preparer or Tax Accountant can help you prepare your back taxes at a much lower rate then a Tax Attorney or an Enrolled Agent.

What if  you file the past due return and the IRS Owes You?

If you file your past due return within the 3 year window, of when they were due, the IRS will mail you a refund check - unless you owe for previous years and then your refund check would be applied to your tax liability. (If you owe child support - contact your attorney) 

If you are a single parent with one or more children, and your income is low to medium, you may be entitled to a handsome refund.

If You Are Caught Cheating

If you are caught in a lie by the IRS, they can refer your case to the IRS's criminal investigation division (CID)

When filing past due returns, tax payers often use the best guest estimate because records have been lost or they don't have the receipts.

If you are audited, you can show proof with an image or a statement of accounts - It depends on the auditor if he/she will accept your explanation.  When a professional Tax Preparer prepares your past due returns, he/she can use the professional software to check for audit alerts.  Questions on past due returns

Offer in Compromise

If your earning are low and your assets are none to extremely low, you may qualify for an OIC (Offer in Compromise)   This is where you pay the IRS, pennies on the dollar.  You will need to contact an Enrolled Agent or a Tax Attorney to complete your Offer in Compromise.

It is important to have filed ALL of your past due returns in order qualify for an Offer in Compromise.  We can help you with this task.

Bottom Line

File your past due returns as soon as possible to avoid steep penalties and interest charges.  Questions on past due returns