However, working with an experienced lawyer can provide unfiled tax return help. We can help you explain any oversights and may result in a more favorable outcome than attempting to handle the IRS alone. Randolph Law Firm assists individuals, businesses and families with IRS problems.
- This means that there is essentially no statute of limitations on tax claims if you have not filed.
- We also understand all the requirements that may seem confusing to expats, such as FBAR filings.
- As a US immigrant who recently immigrated and owns foreign assets and a foreign business, my taxes required niche and deep knowledge of the tax code and I struggled to prepare my taxes correctly.
- Discussions with accountants about prior non-compliance are generally not privileged and can be discoverable by the IRS if proper measures are not put into place.
- Non-filers can assume that the IRS will uncover their failure to file eventually, particularly as the IRS’s enforcement initiative for non-filers is ramped up.
With back tax returns, you should trace your income history. Without this match, the IRS can question the accuracy of your client’s return. Also, if you made estimated tax payments that can be credited to any balances owed, get your account transcripts to verify the amounts your client paid. Employs unfiled tax returns las vegas licensed, experienced professionals, including certified public accountants, enrolled agents and tax attorneys in Las Vegas. Tax settlement is an arrangement that is acceptable to the IRS or your state Department of Revenue that allows a taxpayer to retire a tax debt for less than the amount owed.
Tax Defense Network Las Vegas
Tax Defense Network is a well-established tax resolution company that specializes in finding affordable solutions for state and federal tax problems. We are dedicated to helping our clients resolve their tax debt issues https://turbo-tax.org/ by providing exceptional customer service and transparent, affordable pricing. Our team of licensed tax professionals includes tax analysts, certified public accountants, enrolled agents, and tax attorneys.
If you are supposed to file a federal tax return, but you don’t, you face penalties, interest, and other collection activities. Moreover, the consequences can be severe and financially debilitating. Once you are in full compliance, you may now be eligible for tax relief programs offered by the IRS.
On Top Of All My Filings
Generally speaking a failure-to-file penalty can apply when a tax return is unfiled by its due date. While this scenario is simple enough, what happens when an individual files for a time extension? If an extension is applied for prior to the return’s due date, a failure-to-file penalty will not apply. However, if request an extension but you fail to pay at least 90 percent of your actual tax liability by the original due date, you may be subject to a failure-to-pay penalty.
or More Years of Unfiled Tax Returns: A Guide To Fixing It
Kennedy Tax Solutions specializes in complex tax matters for businesses of any size, and individuals with tax liabilities (generally) of $25,000 or greater. This disclaimer does not apply to services like audit defense, collections defense, or tax appeal (federal or state) which are reviewed on a case by case basis. The goal of tax relief or tax resolution is to help settle your tax debt and bring tax relief strategies into play so that you will pay much less than was originally owed. In either case, the taxpayer must meet the IRS qualifications for the tax settlement programs. The taxpayer will first have to determine which type of tax settlement they would like to apply for and then submit the appropriate forms to the IRS for review before making a decision.
Offers free consultations and a 24-hour customer satisfaction guarantee. As a very busy international affairs professional who has lived abroad for decades, I need good tax advice. I have a complicated personal situation (off-shore rental property, another house under rental in the United States, a spouse who works abroad, etc.). In my situation, good tax advice and expert preparation make all the difference. Randall Brody has been an excellent tax professional for me during the years he’s worked with me on my taxation issues.
He’s taken the time to understand my situation, is always available at short notice to help me through complicated problems, and has taken much of the stress out of my tax filings. It’s a pleasure to work with Randall and I recommend his service to internationals with complicated taxation situations. I had a quite complex situation due to filing errors made by my prior tax professional. I reached out to Tax Samaritan and Randal was very proactive in assuring me that he could help and provide the services I needed.
The H and R Block team consistently made crucial mistakes on my paperwork that if I hadn’t combed over, never would have been found and corrected. I found myself constantly worried that something was going to be done wrong and that I would be held accountable in the event of an audit years later. In addition, I was having to spend tons of my own time double checking everything and on top of that, they barely replied to my questions.
On multiple occasions, they took the initiative to file extensions on my behalf and had processes set up for seemingly every possible bump in the road. The team communicated very clearly and took the lead the entire time. They are a wonderfully impressive team and Randall Brody should be very proud of what he’s built.
You’re committed to getting back on track with all your tax filings. Your scary first step is contacting the IRS to see what the IRS is doing on your account. Who is your case assigned to (a Service Center who will send notices or a local Revenue Officer who will visit you and ask why you have not filed)? Has the IRS already filed a return for you (called a substitute for return or “SFR”). Once you’ve identified a few qualified tax relief companies in Las Vegas, check their reviews. Customer reviews and testimonials give insight into a company’s success rate and customer service.
I would sincerely recommend Tax Samaritan to all Expats that need professional help and fair rates. I am a self-employed US citizen living abroad for several years. Randall Brody (Tax Samaritan) prepared my overseas taxes, and helped me to file my FBARs. There were many complex issues to sort out, with local tax codes and documents in another language.