Unfiled Returns

Common Problems Associated with Unfiled Tax Returns:

The starting point to resolve an IRS problem is to file unfiled tax returns. This may seem daunting to taxpayers who have not filed for multiple years and for taxpayers who do not have sufficient records to file unfiled returns. HAVE NO FEAR! Systems and techniques exist to assist taxpayers in accessing and estimating old and missing records that will assist in the preparation of unfiled taxes. Techniques also exist to delay IRS collection action while the preparation of unfiled returns is pending.

How many years of delinquent tax returns do I have to file?

I you have not filed tax returns for many tax years, the IRS will probably request that you file at least 6 years of delinquent or unfiled tax returns. However, you must be aware that if you have unfiled returns for multiple tax years, the IRS may have filed some of those delinquent tax returns for you. There are two different ways the IRS will file delinquent tax returns for you. First, the IRS may merely prepare and file unfiled returns. If this is the case, you need to file original tax returns, and the original tax returns will replace the IRS prepared returns. Second, the IRS may send your file over to audit and an IRS auditor may prepare an examination report. This IRS examination report will then act as an original return for you. If this has happened to you, you need to undo the IRS audit and have the correct tax replace the original IRS audit result. Instructions on how to easily handle this situation are included in the IRS TaxMasters IRS Resolution System. Of course we are only a phone call away for further assistance.

What if the IRS does not process my recently filed delinquent tax returns?

It could take the IRS upwards of 3 or 4 months to process late filed returns. Usually the older the unfiled tax return periods, the longer it takes the IRS to process them. If the unfiled tax returns are not process after 3 or 4 months, a taxpayer can file one of a variety of forms to force the IRS into action. A 911 filing, a collection due process appeal, a collection action appeal and a doubt as to liability Offer In Compromise are all methods to force the IRS to take processing action for delinquent unfiled returns.

What if I do not have records to file my Unfiled Returns?

No records? No problem! Remember, when it comes to resolving unfiled returns, expediency is as important as accuracy. Immediately call the IRS and order your income transcripts and your record of accounts. Along with your bank statements, any competent accountant can prepare unfiled tax returns with these documents.

What if I do not receive my income transcripts or record of accounts from the IRS?

If the IRS fails to provide your tax income transcripts and/or record of account, you merely need to file a 911 request to the taxpayer advocate's office. This should help expedite your ability to file the unfiled tax returns.

What if I cannot pay the amounts due on my unfiled tax returns?

Under these circumstances, you will be seeking either an Offer in Compromise, an Installment Arrangement or Hardship Status. The IRS TaxMasters Resolution System can guide you to these results for unfiled tax returns.

Do I face criminal exposure?

While the technical answer is "yes", realistically, the IRS will not prosecute individuals who are not famous celebrities, large dollar white collar criminals or large scale drug dealers. Think of it this way, millions of Americans have tax problems and the IRS only prosecutes a few thousand individuals a year. The IRS needs to get publicity of criminal prosecutions in order to ensure overall population compliance. As such, the IRS generally focuses on criminal prosecutions that will lead to publicity.