Missing Returns

IRS: "First You File all Your Returns, Then we can Talk"

Before the IRS is willing to talk about solving your case, they want you to file all your returns. That is, all returns you needed to file in the past six years, sometimes more.

Your may Have Missed Refunds

Here comes good news and bad news. The good news is that filing overdue tax returns often results in refunds. The bad news is that the IRS will ignore refund requests from returns that are more than three years late. They are gone.

SFR - Substitute for Return

What if filing a missing return will result in more tax, penalties, and interest due? It is still best to file such a return anyway – for several reasons.

If you don’t file a return, the IRS may file a “Substitute for Return” (SFR – IRS link) on your behalf. Usually, the IRS will file the SFR as much in its favor as possible. Filing your own return will normally result in a lower tax liability, In addition, an SFR may prevent you from discharging your tax debt in bankruptcy. Also, you want to get your IRS issues resolved and want the IRS to be willing to talk. They will do this only after all missing returns are in.

Call us for help with filing your back tax returns.