Unfiled Tax returns

New York Tax Attorney offering tax help with unfiled tax returns (aka back tax returns or past due tax returns) for clients who are unable to pay the taxes owed. Let us help you put an end to your tax problems, including wage garnishments, income tax liens, and income tax levies. As an experienced tax attorney, we know how to navigate the system to get the best result for you.

For most IRS taxpayers, April 18, 2022, is the annual deadline for filing their federal income tax returns and other due taxes for the preceding financial year. It is very important for every taxpayer of the United States of America to file their tax returns before or on the annual deadline of filing tax returns as the consequences of late filing can be harsh for them.

The Internal Revenue Service (IRS) estimates that approximately 10 million taxpayers have not filed their federal returns. This problem is commonly known as back tax returns and can lead to excess penalties and fees, necessitating help from a back taxes lawyer. Having unfiled tax returns may appear to be a trivial matter, but they can have a significant effect on your finances down the line if you don’t act sooner rather than later and obtain tax help.

Statistics from 2023 show that individual taxpayers collectively owe over $316 billion to the IRS in overdue taxes. Many of these taxpayers failed to ever report their taxes, and in these situations, the IRS has the right to generate a substitute for return on their behalf.

After three years, unclaimed refunds are forfeited, and the IRS can take collection actions, including liens and levies once there is an unpaid tax bill and a certain amount of time has passed.

Look at the Risks and Consequences of Not Filing Tax Returns. Not filing your taxes can have significant consequences, even if you don’t think you owe a balance to the IRS. Failure to file can cause you to lose tax refunds or subject you to harsh penalties and collection actions. To help you understand the risks, this post outlines what happens if you don't file a tax return, and it breaks down the consequences based on whether you owe or don't owe money.

Taxpayers frequently miss the deadline for filing their tax returns, with millions of returns going unfiled every year. Even though it’s common, you should still do everything you can to get your returns filed on time; otherwise, you’ll have to deal with IRS penalties and interest charges on the balance you owe.

If you haven’t filed your taxes, you may think you can fly under the radar and not be detected by the IRS. Unfortunately, the IRS probably has information about you already, so the agency will quickly realize that you skipped your filing obligation. For instance, the IRS may have income information from your employer on a W-2 tax form, information about investment income on a 1099-B, or information about other income on a 1099-MISC, 1099-NEC, etc.

If you've received Form 15103, it's because the IRS believes you have not filed your tax returns. In most cases, the agency sends this form with Notice CP56, CP59, CP516, or CP518, but it's possible to receive it with another notice.