Past Due Returns in Tampa, FL

Failure to File

While there are various reasons why individuals do not file their tax returns, the end result is rarely, if ever, 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 tax situation even more difficult.

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

Past due returns is not a problem that will go away and it will definitely get worse with time. By using a committed Tampa IRS tax relief attorney from our office, you will have a firm that is dedicated to obtaining the best outcome possible in your case.

What Can Be Done About Past Due Returns?

The first and 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, Brian will personally file your returns, not a paralegal.

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.

We encourage you to let us know what your tax problem is. Years of experience have proven that each tax problem has a solution when energetically pursued.