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.
What Should I Do Next?
As we mentioned, there are no two situations that are exactly alike. Perhaps you’ve already filed your past due return and are trying to navigate penalties. Maybe the IRS has already issued a lien. No matter where you are, we can help.
The IRS has a long list of rules and regulations, but our expert tax team knows what to do – and what not to do. For that reason, if you are trying to handle a past due tax return with the IRS, your best first step is to contact us.
We will help prepare your tax return and submit it properly. Then, we will walk you through the requirements and next steps. For instance, what happens if the IRS says you owe them money? What if the IRS filed for you and something is incorrect? We know that this can be a very stressful scenario, but we also know that we can reduce the anxiety of dealing with a delinquent tax return.
Contact Us Today.
Avoid further penalties and worsening consequences by contacting us today. We’ll assess your situation and create a game plan for working through your late IRS tax return.