Are You a Year or More Behind in Filing Your Income Tax Returns?
Sometimes life just gets in the way. You feel too busy or have experienced a divorce, illness, job loss, or death in your family that sidetracked you from filing your tax return on time. Or you could just be overwhelmed with the whole process of filing your taxes. Perhaps you don’t have the money to pay your taxes and thought you should wait to file.
Whatever your situation, we are here for you when you are ready to get caught up, and the sooner, the better. We can help you relieve that huge psychological burden so you feel lighter and free from all that stress.
failure to file your tax return(s)
The IRS is very aggressive about coming after non-filers and non-payers. So even if you don’t owe that much, you’ll want to file right away to stop the penalties and interest from adding up. IRS debt can add up fast. There’s a failure to file penalty, failure to pay penalty, interest on the taxes that are late, and the taxes themselves. The failure to file penalty can be as much as 25 percent, a debt that piles up fast.
The most important thing about filing back taxes is to get them filed as soon as possible whether you can pay them or not. Filing back tax returns will stop the failure to file penalty and is the first step on the road back to compliance for you.
At Lewis Representation LLC, we can help you:
- Respond professionally to IRS correspondence
- Get your bookkeeping caught up so you can file accurate returns
- Prepare and file any delinquent income tax returns
- Explain the next steps you need to take to continue getting back into compliance with the IRS
- To work out a way to settle your back taxes
Solutions for Your Delinquent Income Tax Return Filings
We help clients with preparing and filing delinquent tax returns in Southeastern Connecticut and Rhode Island, including Mystic, Stonington, Groton, Ledyard, Gales Ferry, Preston, Norwich, New London, Waterford, Pawcatuck, Westerly, and beyond. Contact us so we can understand your specific tax situation and provide advice on the options available to you. Your tax issue is handled with the utmost confidentiality and privacy.