Former IRS Agents and Managers, the Affordable Firm.We know the System!
Our firm has over 206 years a professional tax experience and we are composed of tax attorneys, CPAs and former IRS agents, managers and teaching instructors.
We have worked in the local, district, and regional tax offices of the Internal Revenue Service. We are true tax experts. Let our years of experience be your best guide in resolving any IRS tax issues.
As a former IRS agent and teaching instructor I am asked many times from taxpayers who have never filed back taxes or from those who have not filed for several years, “how many tax returns they should file to make IRS happy.”
The answer is simple, it all depends on the facts and circumstances that surround the case.
To this point the IRS has a policy statement. I can tell you is a matter of fact we generally make determinations from anywhere to 3 to 6 years depending on the facts and circumstances of every situation.
In many cases, taxpayers have lost refunds, have lost many Social Security credits because they are afraid to file with IRS. While others know they owe tax but they do not want to confront the Internal Revenue Service in fear, anxiety and the possibility of going to jail. The reality is that most of this fear is unwarranted. By calling tax professionals who know the system this can be a very simple process.
At some point in time all taxpayers are going to have to get back in the system.
As IRS modernizes their computer systems and with the hiring of new IRS agents, IRS will always send letters and have agents knock on the door at the worst time.
As a former IRS agent I suggest that any taxpayer contact a reputable firm to handle the negotiation to get them back in the system.
It is very simple process to do this. Here a fresh start tax we simply file a power of attorney to prepare your back taxes and go ahead and work on tax settlement with Internal Revenue Service. This is a very easy and seamless process which we have done thousands of times. We can prepare your back tax returns with or without records.
IRS has a policy statement regarding delinquent tax returns.
1.2.14.1.18 (08-04-2006) Policy Statement 5-133
1. Delinquent or prior years tax returns—enforcement of filing requirements
2. Taxpayers failing to file tax returns will be requested to prepare and file all such returns except in instances where there is an indication that the taxpayer’s failure to file the required return or returns was willful or if there is any other indication of fraud.
All delinquent returns submitted by a taxpayer, whether upon his/her own initiative or at the request of a Service representative, will be accepted.
However, if indications of wilfulness or fraud exist, the special procedures for handling such returns must be followed.
3. Where it is determined that required returns have not been filed, the extent to which compliance for prior years will be enforced will be determined by reference to factors ensuring compliance and evenhanded administration of staffing and other Service resources.
4. Factors to be taken into account include, but are not limited to:
a. prior history of noncompliance,
b. existence of income from illegal sources, effect upon voluntary compliance, anticipated revenue, and collectibility, in relation to the time and effort required to determine tax due.
Consideration will also be given any special circumstances existing in the case of a particular taxpayer, class of taxpayer, or industry, or which may be peculiar to the class of tax involved.
5. Normally, application of the above criteria will result in enforcement of delinquency procedures for not more than six (6) years. there are special cases in which the IRS will ask for more than six years. Those cases generally involve those with a great deal of access with a high potential of collection and probability. There are very few cases that meet this criteria.
Back Tax Settlements
As a general rule. tax settlements come in three different forms.
After the review of your current documented financial statement the Internal Revenue Service may place you in a:
1 . Current hardship,
2. ask you for a monthly installment agreement, or,
3. let you know you could file an offer in compromise if you are a suitable candidate.
Call us today for an initial tax consultation and we will walk you through the process. you will be able to stop the fear and anxiety with one phone call.
How Many Years Do You File Back Taxes, Former IRS explains
