Unfiled Tax Returns
Did you not file your returns because you couldn’t pay the taxes owed? Don’t wait for the IRS or your State tax authority to contact you!
Contact Alliance Tax Resolution Service Today! 1-800-742-5132
We will prepare your unfiled State (all 50 states) and Federal returns, protect your rights and negotiate a payment plan, Installment Agreement or Offer in Compromise.
Don’t let the IRS or your State prepare a return for you. It’s not in your best interest. They use the highest tax rate. The IRS submits what is termed an SFR (Substitute for Return). This is submitted by the IRS for the taxpayer using bank deposits as the taxpayer’s gross income. This is the worst form of taxation as it allows for zero deductions and grossly exaggerates a taxpayer’s liability. Example: If you are in business and have gross receipts of $200,000 you will be taxed on the $200.000 with no allowance for expenses even if your business made no money that year. You could owe over $70,000 in taxes plus interest and penalties. Many times, once we’ve completed a past due tax return, the client owes no money or actually receives a refund.
Failure to file returns is illegal and subject to criminal and civil penalties. This means that you can go to prison, pay substantial penalties and be financially destroyed. Willful failure to file returns can result in a punishment of one year in jail and a $25,000 fine ($100,000 in the case of a corporation).
Please understand, the IRS is looking for all taxpayers who have not filed returns. If you have previously filed returns, have a savings account, earn dividends and interest, wages or salary or have any other form of income, the IRS will have a record of it. That means they know you exist. You will start receiving notices from the IRS soon.
What to do? Contact Alliance Tax Resolution Service today. We will prepare all past-due tax returns and get you the largest refund possible. If you do owe, we will negotiate a payment plan for you.
Alliance Tax Resolution Service 1-800-742-5132
