Unfiled Tax Returns
So you have not filed your federal income tax returns, and, maybe, it has been years that you just did not file. The IRS has a active and robust Non-filer program. IRS is searching for Non-filers. If you have not filed your federal or state income tax returns, IRS will eventually discover that you have not filed. You may get a letter, CP59 in IRS language, see Letter CP59-here. The IRS letter states that they sent you this notice because they have no record of you having filed your personal tax return. The IRS will tell you to file your personal tax return immediately or explain to us why you don’t need to file. They ask you to explain why you’re filing late, why you think you don’t have to file, or explain that you have already filed.
What To Do–Tax Attorney or CPA
For most people your heart skips a beat when you receive this ominous communications from the most powerful agency in the U.S. Government. You think, “They have my name.” In fact, you may not have filed your tax return for years. So, you can decide to ignore the letter, call the IRS (pity you), go to an accountant and start preparing past returns or seek legal advice from an experienced tax attorney. I advise clients not to contact the IRS, but to contact an experienced tax attorney who knows how to deal with IRS, and who knows the law, regulations, IRS manual and procedures for filing past returns. You may think, “I have a CPA or a friend who prepares tax returns. I will have them fill out returns,” but this may be a mistake.
Questions To Consider
Questions to consider are: how many years do you file back returns, how do you reconstruct your records of income and expenses, do enter the voluntary disclosure program, do you have related business tax returns, what is the statute of limitations, is there potential for a criminal investigation, has the IRS filed a “substitute for return,” has a tax been assessed against you, what penalties apply in your case including the fraud penalty, and there are many more questions to consider if you are in this situation. See an excellent Forbes article about Non-filing — Forbes article
In reality, you may not have your past records, including W-2s, bank statements, 1099s or other documents reflecting income or eligible deductions. You may not have filed for several years. How are you going to reconstruct your income, deductions, credits and other items?
What Lowrance Law LLC Can Do To Help
Lowrance Law LLC has handled many cases involving what the IRS terms as “Non-filers.” We have the resources to answer all your questions, reconstruct your income, expenses and deductions, prepare your personal and any related business returns and carefully guide the IRS away from a criminal investigation. In considering our firm, remember we have strict attorney-client confidentiality that applies to your communications to us and our work product.
Contact Lowrance Law LLC–your Virginia tax attorney. Remember, however, we can represent anyone from any state in IRS investigations.
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Your Virginia tax attorney