Are you feeling overwhelmed by the thought of filing back taxes? You’re not alone.
Many people face this problem for different reasons. The good news is that professional help is available.
This guide explains what you need to know about getting help filing back taxes.
Why Seek Professional Help?
Filing back taxes is complex, especially if you have multiple unfiled years, penalties, or interest. Tax laws change often, and mistakes are easy to make.
By working with a professional, you ensure your back taxes are filed correctly and on time. Professionals know how to maximize deductions and reduce costly errors.
How to Choose the Right Tax Professional
Not every tax professional has the same skills. Look for:
- Experience: Choose someone with proven success handling back taxes.
- Credentials: Verify they are a CPA, enrolled agent, or tax attorney.
- Reputation: Check online reviews and request references before deciding.
Step-by-Step Process of Filing Back Taxes
A tax professional will guide you through the process:
- Gather Information: Collect W-2s, 1099s, and other documents. If missing, your professional can request them from the IRS.
- Prepare Returns: Your professional will complete accurate returns and maximize deductions.
- File Returns: Completed returns are filed directly with the IRS.
- Address Penalties: If penalties apply, your professional can negotiate for reductions or relief.
Common Challenges and Solutions
Missing documents, penalties, and large balances are common obstacles. A tax professional helps you overcome these by:
- Using wage and income transcripts when documents are lost
- Setting up installment agreements with manageable payments
- Negotiating Offers in Compromise when full payment isn’t possible
Case Study
At Tax Law Advocates, we’ve helped thousands resolve back tax problems.
One example is John, a self-employed contractor who hadn’t filed in five years. With our help, he filed all returns and reduced penalties through an Offer in Compromise.
FAQs
Can I file back taxes online?
Yes. But if you have multiple unfiled years or penalties, professional help is recommended.
What happens if I don’t file back taxes?
The IRS can add penalties and interest, garnish wages, or place a lien on your property.
How many years of back taxes can you file?
There is no strict limit, but the IRS expects at least the past six years to be current. Refunds must be claimed within three years of the due date.
What if I haven’t filed in over 10 years?
Seek professional help. The IRS can still assess taxes for past years, even a decade old. A tax professional can guide you through the filing process.
Do people who owe back taxes have to pay before filing?
No. You can file first, then address the balance. A professional may negotiate a payment plan or penalty relief on your behalf.
Get Help Filing Back Taxes
At Tax Law Advocates, we have saved clients thousands by reducing IRS back tax debt.
Contact us today to find out how much we can save you. Click here to start your case now.
Footnotes
MD Tax Attorney ↩
IRS Official Website ↩
W Tax Attorney ↩
Common Issues and Problems with Back Taxes
Navigating back taxes can present various challenges, and it’s crucial to be aware of the common issues that taxpayers may encounter. Here are some of the most common problems and how Tax Law Advocates can help:
Unfiled Tax Returns
Failure to file tax returns for multiple years can lead to serious consequences, including penalties and interest accrual. Tax Law Advocates can assist you in preparing and filing all outstanding tax returns, ensuring that you are in compliance with IRS requirements.
Tax Debt
Unpaid taxes can accumulate into significant tax debt over time. Our experts will work with you to devise a strategy for addressing your tax debt, which may include exploring payment options, negotiating with the IRS, or seeking tax debt relief programs. We will help you navigate the complex world of tax debt and find the best possible solutions for your specific situation.
IRS Notices and Audits
The IRS may send notice letters or initiate audits for taxpayers with back tax issues. Tax Law Advocates can help you understand the contents of the notices, guide you in responding appropriately, and represent you during audits. Our team of tax professionals has extensive experience in dealing with the IRS and can provide the necessary support and representation throughout the process.
Penalties and Interest
Unpaid back taxes can result in penalties and interest charges. These additional costs can significantly increase the amount you owe to the IRS. Tax Law Advocates will work diligently to identify opportunities for penalty relief and negotiate with the IRS on your behalf to minimize the financial impact.
Expert Solutions from Tax Law Advocates
Tax Law Advocates offers a range of expert solutions designed to help you resolve your back tax issues effectively and achieve the best possible outcomes:
Tax Debt Resolution
Our experienced tax professionals will guide you through various options for resolving your tax debt, including installment agreements, offers in compromise, and penalty abatement. We assess your unique situation and develop a tailored strategy to address your specific needs.
Offer in Compromise
If you qualify, an offer in compromise allows you to settle your tax debt for less than the total amount owed. Tax Law Advocates can assess your eligibility, prepare the necessary paperwork, and negotiate with the IRS to achieve the best possible outcome.
Penalty Abatement
We can help you navigate the process of penalty abatement, which involves requesting the removal or reduction of penalties imposed by the IRS. Our experts will review your situation, gather supporting evidence, and advocate for penalty relief to minimize the financial impact on you of your back taxes.
Installment Agreements
Tax Law Advocates can assist you in setting up installment agreements with the IRS. This allows you to pay off your back taxes in manageable monthly installments, providing you with financial flexibility while addressing your tax debt.
Audit Representation
If you are facing an IRS audit related to your back taxes, our team of tax professionals will provide expert representation on your behalf. We will guide you through the audit process, help you gather the necessary documentation, and ensure that your rights are protected throughout the examination.
Tax Resolution Strategies
With our in-depth knowledge of tax laws and regulations, Tax Law Advocates will develop personalized tax resolution strategies tailored to your specific circumstances. We will explore all available options and determine the most effective approach to help you resolve your back tax issues efficiently and with the best possible outcomes.
Take Action To Resolve Back Taxes Today
Don’t let the burden of back taxes weigh you down any longer. Contact Tax Law Advocates today at 855-612-7777 to schedule a consultation and get the best help to file your back taxes. Our experienced team is ready to guide you through the process, provide expert solutions, and help you achieve tax compliance and peace of mind.
Remember, every taxpayer’s situation is unique, and it’s essential to consult with a tax professional like Tax Law Advocates who can provide personalized guidance tailored to your specific circumstances. Don’t let back taxes hold you back any longer. Take action today and start your journey towards resolving your back tax issues with the best help available.
