Filing IRS Back Taxes

It is imperative to file all delinquent tax returns even if payment cannot be made.  Settlement of back taxes cannot be negotiated with the IRS until the taxpayer is compliant.

Consequences of Unfiled Tax Returns

  • Negligence of filing back taxes may be viewed by the IRS as a criminal act.
  • A Substitute for Return (SFR) can be filed for you by the IRS, allowing only the minimal deductions.
  • The statute of limitations does not begin until the tax returns are filed, giving the IRS 10 years from the date of filing to collect.
  • Interest and penalties will be added to the tax debt at an alarming rate.
IRS Back Taxes

Preparing to File Past Due Returns

  • Gather documentation for all years not filed.
    • W-4’s, 1099’s, earned interest, etc.
    • Expenses and deductions
    • Exemptions
  • Consult with a tax attorney for guidance.
    • Complex IRS tax codes and laws
    • Missing deductions/filing errors
    • Negotiation for IRS tax relief
    • Advice on which years are required for compliance.
  • File Past Returns
    • Filing back taxes is neccessary, even if payment cannot be made
    • Amend returns to reduce the tax liability.

Paying Back Taxes

First and foremost, unfiled returns must be submitted.  If SFR’s have been filed by the IRS, original tax returns must be prepared.

If full payment cannot be made, negotiations with the IRS must begin.  Taxpayers can be intimidated by the IRS and miss available settlement opportunities.  It is best to have a tax attorney assist you in the IRS tax relief process.

You Need Qualified Representation

Instant Tax Solutions can file your unfiled returns and represent you in IRS negotiations. We have been very successful in obtaining back tax relief for our clients. Call us today at 1-888-366-1147 for a free consultation with a qualified tax attorney.