Frequently AskeFrequently Asked Questions – Back Taxes – Killer Solutions

I HAVEN’T FILED RETURNS FOR YEARS!

You are not alone!

FILING BACK TAXES. HELP WITH IRS BACK TAXES?

If you didn’t file tax returns in past years, you may consider having a tax professional preparing your returns. A tax negotiator is familiar with most of the deductions you may be eligible for and he will try to reduce the amount you may owe. Surprisingly, you may be entitled to get larger refunds.

NEED COPIES OF PRIOR YEAR TAX RETURNS.

We can help you find them.

UNFILED BACK TAXES! HOW TO FILE BACK TAXES? WHAT TO KNOW BEFORE FILING BACK TAXES?

When preparing your tax returns for past years you will need the information on your W-2 and 1099 forms. Look for receipts and other documentation for all your expenses from previous years. These deductions, exemptions and tax credits may reduce your tax liability.

THE IRS FILED A RETURN FOR ME!

You can file your own returns to replace it at anytime.

NEED HELP PREPARING PRIOR YEAR RETURNS.

We can help you prepare them!

UNFILED BACK TAXES PENALTIES! WHAT ARE THE PENALTIES AND THE INTEREST?

If you have unfiled back taxes , it is critically important to file them as soon as possible. It is in your advantage to prepare your tax returns and claim the tax deduction you may be entitled to get. If you file your past due returns before the IRS does it for you, you may also be charged with fewer penalties. If the IRS discovers you haven’t filed your returns and they file for you, they tend to charge you a greater amount of tax.

I NEED “INCOME TAX REPRESENTATION” – Tax Accountant

FILE MY PAST DUE TAX RETURNS.

We can start filing them now!

I HAVEN’T FILE TAX RETURNS. WHAT IS THE IRS GOING TO DO IF I DON’T FILE?

The IRS will prepare your tax returns. You may be aware that they will use only the information they have in their system, and thus, you can not benefit from additional deductions you may wish to claim. The IRS will assess your tax liability and start a collection process. As a result of the IRS filing your return, they can file a federal tax lien against your property. Even worse, they can put a levy on your account.

FILE MY PAST DUE TAX RETURNS.

We can start filing them now!

I AM LATE FILING TAX RETURNS.

Many people are!

CAN’T AFFORD PAY BACK TAXES! WHAT ARE MY OPTIONS? WHAT SHOULD I DO IF I CAN’T PAY MY TAXES?

If you are looking for back taxes debt relief and you can not afford to pay the amount you owe in full, you can set up an installment payment plan or consider other payment options. Another option is to have a tax negotiator on your side to reduce your tax liability. They can set up a reasonable installment payment agreement with affordable monthly payments.