Past Due Tax Return Preparation

We have prepared hundreds of past due returns. It is not uncommon for taxpayers to fail to file their tax returns for several years. The reasons for failure to file are varied, but this much is clear: it is extremely important to try to file the returns as soon as possible. The longer your returns are not filed:

• The greater your potential for civil or criminal penalties could be. A criminal conviction could lead to jail time and substantial criminal fines.
• The longer the absence of peace of mind. The liabilities associated with failure to file never expire. They remain open for as long as the returns are not filed.
• The more difficult and complicated it becomes to gather the records, documents, and facts to file the returns.

Note: Under the IRS "Voluntary Disclosure Program" the IRS will "generally" decline to pursue a criminal investigation of a taxpayer if , prior to being contacted by the IRS, the taxpayer files past due returns and offers to pay or settle his or her outstanding tax liability.

We can help you. We have prepared past due returns for our clients who have failed to file for many years.

This is how we can help you:

• We can prepare your returns even if you have lost your records.
• We can make sure the income for past years is reported correctly. When you fail to file, the IRS computes your taxable income based solely on the records they have, NOT on the information you have that could reduce the amount of your taxable income.
• We can obtain the correct tax form for the year or years you need to file as tax forms do change over the years, and correctly apply the law in effect for those years.
• We can help you take advantage of any amnesty programs that exist on both the federal and state level.
• We can help you overcome the fears and apprehension that exist in completing and filing past years returns.