Delinquent and Unfiled IRS Tax Returns

Every year, hundreds of thousands (potentially millions) of taxpayers fail to file legally required tax returns. The act of not filing usually contributes to more significant problems with the passing of time.

Let us help you resolve your back taxes and file delinquent tax returns swiftly to avoid additional interest, penalties and potential IRS collection tactics, such as a levy on your bank account.

While there are many reasons why a taxpayer may not file a tax return, you need to be aware of the following:

• Failure to file tax returns may be construed as a criminal (misdemeanor and potentially a felony!) act by the IRS.
• This type of criminal act is punishable by one year in jail and $10,000 for each year not filed.
• Needless to say, it's one thing to owe the IRS money, but another thing to potentially lose your freedom for failure to file a tax return.
The IRS will not entertain any type of tax settlement or payment plan to settle your back taxes until you have filed all legally required tax returns.
• To qualify for an IRS payment plan or Offer in Compromise tax settlement to resolve your back taxes, you need to file all delinquent tax returns with the IRS.
• The IRS will not entertain any type of settlement or arrangement until all legally required returns are filed and the taxpayer is in full filing compliance.
• If you're among the Americans who have opted to not file your tax returns because you don't have the funds to pay the taxes owed, what you may not know is that the IRS will often file a "SFR" (Substitute for Return) on your behalf if you fail to file your taxes. This is the IRS's version of an unfiled tax return.
• Additionally, the IRS prepares these substitute for returns in the best interest of the government, resulting in the IRS overstating what taxes you owe and, consequently, what you owe in penalties and interest. The only deductions you'll see are standard deductions and one personal exemption. You will not get credit for deductions which you may be entitled to such as exemptions for spouses, children, interest and taxes on your home, cost of any stock or real estate sales, and business expenses, etc.
• So it's important that you file your latest tax return, as well as any prior delinquent unfiled tax returns, as soon as possible to give yourself a chance to state what you truly owe, which will ultimately save you money and help you avoid significant long-term consequences.

Regardless of what you have heard, you have the right to file your original tax return, no matter how late it's filed.

TRS has prepared well over 25,000 federal and multi-state tax returns for our clients, during the past few years alone. You need an expert in your corner to fight the IRS for you!!! Call today, Toll Free, 1-866-IRS-PROBLEMS. The call is FREE the confidential consultation is FREE. What have you got to lose except, your FREEDOM!? CALL NOW! Do yourself and loved ones a favor.

Get a free Tax Relief Consultation from one of our experienced tax resolution experts or call 866-IRS-Problems.

For additional help with Unfiled Tax Returns, see our tax help articles:
5 Reasons to File Delinquent Tax Returns - There's Still Hope If You Haven't Paid Your Taxes
Your Unfiled Delinquent Tax Return Checklist: Stop the IRS Now and Avoid Steep Interest and Penalties from Accumulating

Read our blog articles about Delinquent Tax Returns:

• Don't Panic When You Get an IRS Audit Letter in the Mail. Get Help from the Tax Experts!
• Unfiled Returns - Delinquent Tax Returns
• Penalty Abatement Can Save You Money - Even if You Suffer from "Failure To File" Syndrome
• Read more blog articles about delinquent tax returns