Unfiled Tax Returns
Don’t Let the IRS Increase Your Tax Bill—File Your Unfiled Tax Return Now!
Ignoring your taxes can lead to severe consequences like wage garnishments, bank levies, and property liens. Whether it’s due to lost records or neglect, the IRS won’t wait—they’ll hit you with penalties and a higher tax bill. Don’t let it go that far. Our team can file your missing returns, reduce penalties, and protect your assets.
828-799-7826
What Happens if You Have Unfiled Taxes for Years?
Late Penalties:
The IRS charges 5% of unpaid taxes for each month or part of a month your return is late, up to a maximum of 25%. Ignoring this leads to mounting penalties that can quickly become overwhelming.
Delayed or Forfeited Refunds:
Filing late can trigger IRS scrutiny, delaying your refund and, in some cases, causing its complete forfeiture due to penalties and interest.
Risk of IRS Action:
Consistent non-filing can result in serious actions such as wage garnishments, bank levies, or property liens, severely affecting your financial stability.
Substitute Returns Filed by the IRS:
The IRS may file a Substitute for Return (SFR), often resulting in a significantly higher tax liability and unexpected, unaffordable tax bills.
Increased Interest and Additional Fees:
Unfiled returns accumulate interest and fees, causing your tax debt to grow rapidly and become harder to pay off over time.
Impact on Credit Score:
Unresolved tax debt can harm your credit score, making it harder to secure loans, rent a home, or plan for the future.
Don’t Let Unfiled Tax Returns Spiral Into a Bigger Problem
StanLee Tax Resolutions can step in and take action. We’ll file your overdue returns, negotiate directly with the IRS, and help you avoid harsh penalties. Don’t wait for things to get worse. Let us help you regain control before the IRS does.
828-799-7826
Offer in Compromise
If you’re struggling to pay your full tax debt, the IRS may allow you to settle for less through an Offer in Compromise (OIC). This program reviews your financial situation—like income, assets, and expenses—and if they see you can’t afford to pay in full, they might accept a lower amount and hence provide you the relief from tax debt.
Installment Agreement
Can't pay your tax debt in one go? An installment agreement lets you spread payments over time. Instead of facing large upfront costs, you make affordable monthly payments that fit your budget. It’s a practical solution to avoid aggressive collection actions, helping you stay on track while gradually reducing your debt.
Currently Not Collectible (CNC)
When financial hardship strikes and you simply can’t afford to pay your tax debt, the IRS may pause collection efforts through a Currently Not Collectible (CNC) status. This stops actions like wage garnishment, but penalties and interest continue to accrue. CNC gives you some breathing room until your financial situation improves.
Penalty Abatement
Tax penalties can increase your debt. But, if you have a valid reason, like illness or a natural disaster, you may be able to reduce or remove those penalties. Penalty abatement doesn’t erase the debt but can significantly lower what you owe, easing the overall burden and helping you get back on your feet faster.
Our Approach to Unfiled Tax Returns
Discovery Call
We first have an all-encompassing consultation to understand your situation, review the years of unfiled tax returns, and discuss potential implications. This call helps us assess your needs and plan the best course of action.Strategy Session
Based on the information gathered, we develop a strategy to address your unfiled returns. This strategy is completely based on your situation. We outline the next steps, including acquiring documentation and assessing potential penalties or liabilities.Assembling Financial Transcripts
We retrieve your wage and income transcripts directly from the IRS, including W-2s, 1099s, and other essential documents. If any records are missing, we assist in reconstructing them to ensure a complete and accurate filing.Strategy Implementation
Our tax resolution experts prepare and file your unfiled returns, applying all eligible deductions and credits to minimize your liabilities. If balances remain, we negotiate with the IRS to reduce penalties and establish streamlined payment plans.Support and Consistent Help
We provide ongoing support by monitoring your case, addressing any IRS inquiries, and ensuring your account remains in good standing. We are here to guide you through the entire process and keep you on track with your tax responsibilities.
You Cannot Avoid the Consequences of Unfiled Returns!
When the IRS doesn’t receive your returns, they don’t stay silent. Your wages could be garnished, bank accounts frozen, or assets seized. Imagine waking up to find your funds depleted, struggling to pay your bills.
This constant worry can overshadow everything, making it challenging to focus on daily life.
The longer you delay, the higher the risk. Unfiled returns can lead to unexpected IRS actions that disrupt your finances and damage your credit.
Don’t Risk Criminal Charges!
“Don’t turn a tax audit into a financial crisis. With StanLee Tax Resolutions, bring clarity and control to every step of the IRS tax audit process. Our team can help you minimize the impact of IRS scrutiny on your business and personal finances. We’ve done it before, and we can do it again. This time for you. Get comprehensive IRS audit assistance in North Carolina and nationwide.
828-799-7826
FAQs
How Many Years Can You File Back Taxes?
The IRS generally allows you to file back taxes for up to six years. It’s essential to file these as soon as possible to avoid penalties and interest. Our team provides comprehensive unfiled tax return help to ensure you get back in good standing with the IRS.
What is the Oldest Tax Return I Can File?
The oldest tax return you can typically file is for the past six years. If you need help with unfiled taxes, our team can assist in filing your returns accurately and efficiently, making sure you meet all IRS requirements.
How Many Years Back Can We File an Income Tax Return?
You can typically file an income tax return for up to three years to claim a refund. For older returns, the IRS may still require you to file, but you won’t be eligible to receive any refunds.
Do I need to file a tax return if my income is below the threshold?
Yes, you might still need to file to claim a refund or credits, or if you meet specific criteria like self-employment income.
How does StanLee Tax Resolutions handle complex cases?
We review your financial history, file missing returns, and negotiate directly with the IRS to resolve your tax issues. In fact, our tax resolution experts have several years of experience to help you come out of the mess much quicker and more efficiently.
What makes StanLee Tax Resolutions different?
We offer personalized guidance, expert negotiation, and ongoing support to ensure long-term tax compliance and ensure you have a good standing with the IRS.
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