Do You Have a Past Due IRS Tax Return?
Perhaps you forgot to file on time this year, or maybe you’ve got several tax returns that haven’t been filed yet. No matter your situation, you don’t want to delay filing tax returns any longer. In fact, every day that you wait, the heavier the implications become. If you haven’t filed your income tax on time, there’s a good chance the IRS has filed for you. This isn’t a desirable situation! If the IRS files on your behalf, you could become victim to erroneous assessments, penalties, and collections. The good news is that our team can walk with you along this journey to ensure that you get the best results possible.
How Do I Handle a Past Due IRS Tax Return?
You’re probably wondering what the first step in dealing with a delinquent IRS tax return is. Well, the first step is to file the return! Keep in mind; no two situations are alike. While you can find a lot of information online about filing delinquent IRS tax returns, it’s best to have a tax expert on your side. A tax pro can help you file your past due IRS tax return and avoid some less than desirable consequences.
The longer you wait to file your past due IRS tax return, the worse those consequences are going to be. You could be facing additional fees, interest, and penalties with every day that passes. What could be worse? Well, the IRS can issue a lien. This is especially problematic for anyone who wants to secure financing or a loan. It’s true – a delinquent IRS tax return can have potentially catastrophic consequences. That’s why it’s best to file today.