Tampa Past Due Returns Attorney

Have Past Due Returns? Call Brian T. Loughrin Tax Attorney

While there are many reasons why individuals do not file their tax returns and the end result is rarely good. You can be given criminal penalties, including a prison term and hefty fines. In many cases, the IRS will assess monetary penalties and interest for the past-due taxes, making your situation even more difficult.

If you have unfiled tax returns, you may be facing penalties, interest, and potential legal consequences. At Brian T. Loughrin Tax Attorney, we specialize in helping individuals and businesses in Tampa navigate the complexities of past due tax returns. Our goal is to minimize your financial burden, negotiate with the IRS on your behalf, and help you regain compliance with tax laws.

Do you have an issue involving a past due tax return? Your first step is to contact Attorney Brian Loughrin by calling (813) 517-8074 to begin the process of overcoming your tax situation.

What Happens if I Don't File My Taxes?

The IRS has the ability to file a substitute tax return for you, but they may not have the full information regarding your exemptions and expenses, resulting in an overstatement of your tax liability. The moment your tax debt is figured out, the IRS begins the collection process. You may suffer a wage garnishment or a lien or levy in order to enforce payment.

Failure to file returns is not a problem that will go away and it will definitely get worse with time. By using a committed attorney at our office, you will have a firm that is dedicated to obtaining the best outcome possible in your case.

What to Do When You Have Past Due Tax Returns

The best course of action is to get your past returns correctly filed before the IRS starts to take action against you. It may lessen penalties and allows the IRS to know that you are taking effective steps on your taxes. In our office, Attorney Brian T. Loughrin will personally file your returns, not a paralegal.

Does the IRS Forgive Tax Debt After 10 years?

After 10 years, the debt is wiped clean so the IRS will no longer go after you. It is not in the financial interest of the IRS to make this statute widely known. Therefore, many taxpayers with unpaid tax bills are unaware this statute of limitations exists. In addition, like most IRS rules, the nuances of the statute can be complex and difficult to understand. This article explains what tax debtors need to know to decide if it is financially advantageous for them to “wait out the IRS”. This option must be prepared for the IRS to leverage all its legal tactics to collect during that period.

Contact a Failure to File Attorney in Tampa Today

If you are unable to fully pay your back taxes, we have many ways to resolve this as well. Depending on circumstances, your account can be declared " currently not collectible." Some may be eligible for innocent spouse relief while others can make installment agreements. We work with the IRS to find the most favorable solution to your individual situation. If you qualify, an offer in compromise may be accepted by the IRS as a final solution to your tax debt.

To successfully resolve past due tax returns, contact a Tampa IRS tax relief lawyer from our office by calling (813) 517-8074 today!

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The Stories That Matter

"I felt at ease with his knowledge of my situation and circumstances. He gave great advice and counsel."
Pam Timm
Trustworthy attorney and excellent outcome
Valerie S.
"I had a very difficult tax situation on my hands and I thank God that I found Brian to help me get through it! Dealing with the IRS is scary, but Brian always made me feel confident that I was in good hands."
J.D.