If you need to file back tax returns without tax records call us today and learn the process. We are affordable former IRS agents who know the system. Since 1982.
We can file all your tax returns with or without records. There is a process and we know the process.
If you need experience and affordable tax help to file your back tax returns without records call us today for a free initial tax consultation. We can file your back tax returns and settle your case all at the same time.
We have over 65 years of direct work experience in the local, district, and regional tax offices of the IR . As Former IRS agents we taught new IRS Agents
Being a former IRS agent I cannot tell you how many times I’ve been approached by taxpayers with lost records and have not been able to file back tax returns.
There is an easy and simple fix.
The first place to start is with Internal Revenue Service.
Internal Revenue Service keeps an income record of all your W-2s and 1099 s on records for the past six years.
You can write or order on-line the Internal Revenue Service and ask them for an income tax transcript. They will provide for you a list of all income, 1099s, mortgage interest, stock and dividend interest and a whole variety of information you may not know that IRS keeps.
You should know that third parties are required to report to Internal Revenue Service so IRS has in-depth information from third parties on your prior income.
The next place to look is to bank statements.
As a former IRS agent and teaching instructor it is easy to find out how much a taxpayer has made by adding up their bank statements for each and every year.
IRS will come up with the sum total of your deposits and classify that as income unless you can show the money deposited came from other sources. Many times they do, sometimes they come from loans, or monies from other persons. If you are ever audited by the IRS the bank statements are one of the first things IRS will ask for.
An IRS agent can summons those or subpoena those to get an idea of how much income you had available.
Some people may think, ” while I have dealt in cash, how can IRS determine income?
IRS is a simple solution. The Internal Revenue Service a cost-of-living analysis. IRS has a and internal chart that they use.
As a general rule , if you know someone’s rent you can pretty much back into their income. As a general rule taxpayers spend between 28 to 35% of their available income or funds on rent or mortgage. Using that factor you can generally back into income. Once you come up with an average month of income and expenses you simply multiplied by 12.
As a general rule and IRS agent will explore three avenues to make sure everything adds up. IRS will ask for bank statements, cost-of-living analysis, tax returns, and a financial statement. All four of those have to have a common thread of income to those.
You should also be aware that IRS uses the department of labor records to find out how much it cost to live in a particular area they are also available on our website under IRS standards.These standards are national, regional and local for every county, city or borough in the United States.
You must also be aware that IRS uses what is called an Accuriant search engine that has information on you going back for 20 years. That information has a plethora of information about all your financial activity more so than the average person realizes.
Also IRS can pull up your credit report. your credit report obviously contains all your charges and IRS has the ability to pull up financial statements that you given the third parties to apply for credit.
The bottom line here, IRS has a lot of cross-reference material to find out what your income is.
Remember IRS’ is trained to go ahead and determine what your income is so it is to your best advantage to go ahead and file correct and accurate return.
File Back Tax Returns + Have No Tax Records, No Problem + Former IRS
