Unfiled Tax Returns- IRS Inside Secrets |
|
|
If you haven't filed your taxes for years and you don't have
the records or bookkeeping necessary to file those taxes, you don't need to worry.
JG Tax Group has the knowledge and expertise necessary to recreate multiple years
of past tax returns.
Are you worried about the IRS coming after you for your unfiled tax returns? Many companies use scare tactics in order to lure you into using them to file your unfiled tax returns. However, the fact is that in 99.2% of cases, the IRS doesn't actually follow through with prosecution. The most important thing is having these returns prepared and filed correctly. JG Tax Group files your returns correctly by obtaining your records from the IRS to see exactly what information the IRS has concerning your income. The worst thing you could do is file your tax returns and fail to show 1099's and W2's that you've received several years ago. This is the main reason why it is essential to pull your history from the IRS to see what income has been reported on your behalf.
The IRS punishes celebrities like
Wesley Snipes simply to scare the average taxpayer into filing and paying their tax returns on a yearly basis. While in the limelight, Snipes told the government he did not file because he felt he did not have to. The government didn't agree and consequently sentenced him to 3 years in prison.
The IRS has several ways to figure out which taxpayers have not
filed their taxes. The IRS now teams up with certain states in what is called the
Abusive Tax Avoidance Transactions (ATAT), meaning the IRS is in partnership with states to combat tax avoidance. The following states report to the IRS which taxpayers failed to file their state taxes so the IRS may verify if these taxpayers also did not file their federal taxes: Alabama, Arizona, Arkansas, Connecticut, Georgia, Florida, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Minnesota, Mississippi, Missouri, Montana, New Hampshire, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Utah, Vermont, Washington, West Virginia
and Wisconsin.
With the superior technology these days, the IRS has updated their computer systems. These systems scan daily to verify which individuals are not in compliance. This is the reason why they are able to catch more people that have not filed taxes in several years. Everyone has a reason as to why they were unable to file their taxes. Many people state that they didn't know they had to file, they forgot to file, they thought somebody else filed for them or that they even filed for an extension of time. These reasons will not matter to the IRS. Their job is solely to get you to file your taxes so they may assess fees and collect them from you.
The only way the IRS can assess taxes against you is if you file your own tax returns or if the IRS files a substitute return on your behalf. You don't want the IRS to file a return on your behalf; the IRS will include all of your income, but will purposely fail to include all of your deductions, which results in owing more money than you actually need to pay. The solution to this is to simply file a new return to bring the debt to a lower amount.
When the IRS catches up with you, they will send you an automated letter asking you to file the years you haven't filed. In more severe cases, your file will be transferred to a revenue officer. Everything then becomes much more complicated. A revenue officer is very aggressive and also has the ability to audit you as soon as they receive your returns. If you have received an automated letter, we highly suggest that you file these unfiled taxes before it is sent to a revenue officer. The IRS will require that you file your tax returns immediately. In most instances, this is difficult to accomplish, especially under duress. JG Tax Group is able to file your unfiled tax returns within 3 business days including
forms such as 1040, 941, 1120, 1120S and 1065.
Our company has a direct porthole into the IRS' computer system, which allows us immediate access to your confidential records. Our IRS experience gives us the background that the IRS requires in order to grant us access to their confidential taxpayer records. After your unfiled returns are processed by the IRS, you may have additional taxes that you owe to the IRS. If you can't pay these taxes, we are also able to solve this problem for you with quite a few options. With our services, we can possibly have you declared currently non-collectible, submit an offer in compromise, negotiate an installment agreement or even file for an abatement of penalties. As you can see, with our great deal of experience, you need to contact JG Tax Group immediately to handle all your tax return needs. |
|
Resolve Your Tax Problems Now
|
|
|
|
|
|
Licensed in All 50 States
|
|
| |