Best Way to File Back Tax Returns – IRS Affordable Experts
I am a former IRS agent and teaching instructor with the Internal Revenue Service.
This is question I am asked quite frequent by taxpayers who needs to file multiple, back, late,past due tax returns with the Internal Revenue Service. There is one simple answer to this question.
Question – What is the best way to file your back tax returns?
Answer – All at the same time in one envelope.
If you’re attaching a check, make a separate check out for each tax period and staple it to each tax return.
The reality is most people filing back tax returns will owe money to the Internal Revenue Service and that has caused the nonfiling of their tax returns.
Question – Why is that the best way to do that? Will that raise a Red Flag ?
Answer – The Internal Revenue Service knows your entire history on the CADE 2 computer system. IRS already knows you have not filed your back tax returns.
That computer system is a beast and stores an incredible amount of information. The only reason they have not got to you or your Social Security number is simply because of the sheer volume of work that they have ahead of you.
At some time they will catch up with you and ask for your tax returns. By the way , if you do not file your tax returns, the IRS can file your tax return under 6020 B of the IRC code so is your in your best interest to file your own tax returns. If IRS file your tax return you will pay the highest amount allowed by law because they will give you no extra exemptions, dependents, credits or business expenses.
You want to put all tax returns in one envelope so they do not get separated.
As a former IRS agent I can tell you IRS knows that you have not filed your tax return so you have not slipped through the cracks as most people think.
Most people do not filed their back tax returns because they know they will owe money to the Internal Revenue Service.
As a result, a lot of fear sets. They falsely believe that the Internal Revenue Service is going to start seizing all their assets and taking everything they own, but this is simply not true.
If you owe back taxes to the Internal Revenue Service the process of an immediate resolution is quite simple.
If you owe IRS under $25,000, we can get a streamlined agreement for you without worry or even a financial statement.
If you are over $25,000, IRS will require a simple financial statement, a 433f that you can find directly on our website.With that financial statement documented, IRS will simply close your case in one of three fashions.
The Internal Revenue Service will either place your case into:
- a currently not collectible status which is called a tax hardship,
- IRS will insist on installment or monthly payment plan, or
- IRS could tell you that you are a eligible taxpayer candidate for an offer in compromise.
By calling us today, we can go over the different options and tax resolution strategies that fit your financial needs at the present time.
You can call us today for a free initial tax consultation and speak directly to a true tax professional.
As a firm, we have over 206 years of professional tax experience and over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the Internal Revenue Service.
While at the Internal Revenue Service we were tax instructors.
Simply put, we are one of the most experienced, trustworthy and affordable tax firms.
Do not be afraid to go ahead and file your back tax returns.
You are not alone millions of taxpayers who have not filed.
If you have lost your tax records being former IRS agents and instructors we can reconstruct your tax return so do not let that slow down.
Best Way to File Back Tax Returns – IRS Affordable Experts