Are you feeling overwhelmed by unfiled tax returns? Our tax attorneys have helped hundreds of clients resolve this issue. We’ll help you file all returns before the IRS finds you!
We know how stressful this situation can be. Often you don’t even know where to begin, but we’re here to help. You CAN overcome your tax problems. The first step is to call our experienced tax attorneys!
If you have outstanding tax returns, the IRS or the Illinois Department of Revenue may send you a bill based on the information they have available.
In this case, it’s important to act fast to resolve the issue! The best case scenario is to lower your tax bill before the assessment becomes permanent.
Many people don’t file tax returns because they can’t pay what they owe, or they’re simply so overwhelmed that they don’t want to think about taxes at all. Unfortunately, ignoring tax problems only makes them worse.
We’ve helped many people overcome mountains of tax debt that seemed impossible to escape. You can make it to the other side! The first step is easy: Contact us for a free and confidential consultation.
There are many reasons people fall behind with their tax filings. For some taxpayers, delays are simply a matter of procrastination gone wrong. Others may mistakenly think they are exempt from IRS filing requirements. Some even fail to file intentionally, hoping to avoid paying taxes. Regardless of the reason, our tax attorneys can help resolve your past due tax returns! We can stop the collections process in its tracks or even fix the problem BEFORE the IRS starts badgering you for payment.
You should know that very rarely does the IRS try to jail taxpayers who are working to file all tax returns. The secret? Get your returns filed before the IRS comes after you.
If you voluntarily notify the IRS of your failure to file in a timely manner, before a civil or criminal investigation begins, you may avoid charges. This is referred to as “voluntary compliance” or “voluntary disclosure.” On the other hand, taxpayers who ignore IRS notices about their delinquent tax returns may be subject to “enforced compliance,” which can lead to a field investigation and assessment of an IRS late payment penalty or late filing penalty.
If you don’t file tax returns, the IRS can estimate what you owe—and then pursue aggressive collection efforts.
First, the IRS will demand payment through phone calls, field visits, and letters. If you ignore the demands for payment, the IRS can move on to more extreme collection measures. These include filing liens against your property, levying funds from your bank accounts, or garnishing wages directly from your paychecks. They could also suspend your passport over unpaid taxes.
Being behind on tax filings can be overwhelming and frightening. The reality is that ignoring the problem will not make it go away. If you are not able to pay your tax bill in full, making “good faith” payments as soon as you can demonstrates that your failure to file and pay in a timely manner was not due to willful neglect on your part. Taking action now can help you get back on track with your tax filing and payment obligations.
Willfully failing to file tax returns is a misdemeanor, subject to up to one year in prison. For taxpayers who do not file their returns when required, consequences may include a penalty for filing taxes late as well as a penalty for failure to pay taxes when due—in addition to interest on unpaid taxes. If you were owed a refund, you only have 3 years in which to claim it.
If you file taxes late and do not have a reasonable cause for doing so (as determined by the IRS), expect to pay an IRS late penalty of 5% of the taxes owed for every month or partial month the return is late, up to 25% of the amount of unpaid taxes. As you can see, these penalties and interest amounts can add up quickly.
Evasion of income taxes is a more serious offense; you do not want to be on the wrong end of such a charge. If convicted of felony tax evasion, a taxpayer who willfully attempted to evade their tax filing obligation could face fines of up to $100,000, up to 5 years in prison, or both.
You can stop wage garnishments and other IRS nightmares today! Do not wait for the IRS to start collection efforts or open an investigation. Find answers to past due taxes before it reaches that point.
Call the attorneys at Gordon Law Group to file your past due tax returns and help you avoid these very difficult results from the IRS. Unlike other firms, we guarantee you’ll work with an experienced tax attorney every step of the way. We’ll not only work to resolve your tax issue, but also provide clear communication and guidance throughout your case. You will be amazed at what a difference this extra protection and care can make.
In addition to streamlining the process for you and relieving some of the stress that can come with past due tax returns, working with a knowledgeable tax attorney instead of with a non-attorney CPA offers other benefits—including attorney-client privilege. When you use a non-attorney to help with tax issues, there is no client privilege if the matter escalates to a civil or criminal investigation. That means the accountant you turn to for help could be forced to testify against you. An attorney generally cannot be compelled to testify in these situations.
Gordon Law Group’s attorneys have been representing individuals and businesses for years, helping clients address tax problems with the IRS, in the United States Tax Court, and with the Illinois Department of Revenue. Tax debt is one of our core practice areas, and our attorneys are proud to help clients nationwide with IRS or other federal tax matters.
If you need assistance filing past due tax returns and managing any resulting tax debt, call Gordon Law Group today. Our attorneys can also help if you are experiencing IRS collections issues such as wage garnishment or tax levies. Don’t let fear of the unknown paralyze you any longer.