Late Tax Return Filing

Are your late tax returns causing serious financial hardship? Are you ready to get your non-filed tax returns in order? Even if you haven't filed back taxes in years, I can still help you! You may think your situation is hopeless, but do not give up. There could be plenty of solutions still available to you if you choose to enlist my help.

April 15th is the annual tax filing date for Americans to file their federal income tax return forms or pay any taxes that they may owe. Filing a federal tax income return late or failing to pay a tax return on a timely basis could result in serious consequences.

According to the Internal Revenue Service (IRS) tax law, penalties for filing or paying late could include:

  • Penalty fees for failure to file or pay - penalties for failure to file are generally more costly than penalties for failure to pay

  • The penalty for filing late is typically 5% of the unpaid taxes for each month that a return is late

  • Penalties begin to accrue the day after a tax return file is due

  • If you do not pay your taxes by April 15th, you will face a failure-to-pay penalty at 0.5% of your unpaid taxes

  • If you file your return more than 60 days after the due date, the minimum penalty could either be $135 or 100% of the unpaid tax, whichever is smaller
     

If you feel as though you will be late on filing or paying for your tax return, it is wise that you consult with a certified public accountant. A CPA can help notify the IRS if you need an extension of time to file or pay your tax return. Instead of paying penalties, it is much more economical and safer for your finances to ask for help.
I believe that even the most complicated tax return problems can be straightened out. Accidents happen, and the unexpected could shake even the most financially stable taxpayer. If you are experiencing financial hardship or strain, I highly encourage you to enlist my help, or the help of another professional before your tax problems slip out of control.

My job is not to judge how you got into your current financial situation. My job is to help provide honest and trustworthy tax services that can give you present tax relief and future financial freedom. I can help you quickly locate the necessary missing information needed to properly file any back taxes owed while effectively helping you apply for tax deductions that can greatly reduce your tax responsibility. I can be trusted to file your past returns with the IRS, which can square your debts away with the IRS once and for all! For more information on late tax return filing click here.

Most people who haven't filed actually don't owe any money in back taxes at all! I offer free case evaluations, so if you are ready to begin your process toward finding financial relief, get in touch with me as soon as possible.