Tax Preparation

Tax Preparation

Tax preparation services

Back taxes are taxes that an individual or company owes from a previous tax year. Various reasons can lead to the accumulation of back taxes, such as failure to report income, not paying tax liability, or neglecting to file a tax return. Consequences of owing back taxes include failure-to-pay penalties, failure-to-file penalties, interest accumulation, tax liens, tax levies, and wage garnishment. To avoid these consequences, it is essential to file tax returns annually and pay tax liabilities promptly. To pay back taxes, one can file a tax return from a previous year. However, waiting too long to address back taxes can result in additional penalties and consequences such a Substitute for Return in this case the IRS files your taxes resulting in a bigger tax liability. Seeking tax relief programs, such as the IRS Fresh Start program, can help individuals manage their tax debt effectively.

With 911 Tax Relief to resolve Overdue Taxes

Filing a tax return within three years enables us to settle your outstanding taxes and potentially receive any owed tax refund. Filing within three to six years allows you to clear your back taxes and maintain a favorable standing with the IRS, although you will not be eligible for tax refunds. Filing over six years late still allows you to pay off your back taxes. 911 Tax Relief will investigate what years have not been filed and if need be, re file years that were not properly filed and have your business or personal account into compliance. Once we realize the liability truly due after properly filing the returns and taking advantage of credits due, we can settle the debt with an IRS Fresh Start program in the taxpayer’s best interest.

911 Tax Relief enrolled agents will negotiate with the IRS or State on your behalf and ensure that your taxpayer rights are protected and that the IRS forgiveness programs work in your favor.

Set up a free consultation with us today to prepare a Federal or State Investigation to verify years past due for tax prep and qualify for IRS debt forgiveness. Call 1-877-7-911TAX

+1 877-791-1829