I hope you have managed to stay safe and well! We focus on resolving tax issues in Prince William County and throughout the lower Northern Virginia area.

We understand sometimes life just gets in the way.  You feel too busy or have experienced a divorce, illness, job loss, or death in your family that sidetracked you from filing your tax return on time. Or you could just be overwhelmed with the whole process of filing your taxes. Perhaps you don’t have the money to pay your taxes and thought you should wait to file (this is NOT a good idea).

You may also have a special situation with your spouse, if they promised to file and didn’t or they don’t file correctly or they don’t pay. In some cases, you can claim that you were the “innocent spouse” and get your account corrected. 

Whatever your situation, we are here for you when you are ready to get caught up, and the sooner, the better.  We can help you relieve that huge psychological burden so you feel lighter and free from all that stress.

Failure to File Your Tax Return(s)

The IRS is very aggressive about coming after non-filers and non-payers (they have more than 7 million non-filers in their cross-hairs right now). So even if you don’t owe that much, you’ll want to file right away to stop the penalties and interest from adding up. 

IRS debt can add up fast. There’s a failure to file penalty, interest on the taxes that are late, and the taxes themselves. The failure to file penalty can be as much as 25 percent, so that’s a debt you don’t want to have pile up on you. 

The most important thing about filing back taxes is to get them filed as soon as possible whether you can pay them or not.  Filing back tax returns will stop the failure to file penalty and is the first step on the road back to compliance for you. 

It’s never a good idea to have the IRS estimate and complete your return for you. You are better off hiring a tax professional to get you caught up and to represent your case before the IRS to work out a way to pay your back taxes that won’t leave you bankrupt or suffering financially.

Solutions for Your Delinquent Income Tax Return Filings

Contact us at no obligation to you, so we can understand your specific tax situation and provide advice on the options available to you.  Your tax issue will be handled with the utmost confidentiality and privacy. https://brtaxaccountant.com/