Can't Remember The Last Time You Filed Your Taxes?
There are many reasons someone might forget to file their tax return - especially if they are self employed; something that does not make money is easy to forget about. Time goes on and it's easy loose track. However one simple fact should bring filing your IRS tax returns back into sharp focus:
You can go to jail for not filing your federal tax returns.
You cannot go to jail for owing but the IRS can place you in prison for not filing or if deliberately not filed accurately, they may even charge you with tax evasion.
If you are going about your busy work week with a slight nagging feeling you should get your tax documents together, you had better listen to it- the longer you go without filing your federal income tax the worse the problem will get.
The best way to go about filing your tax returns after a prolonged time, is to find a local Utah tax attorney who can review your situation, develop a plan and inform you about what to expect after you filed with the IRS. While this may mean you owe for many years of back taxes it is the first step in protecting your liberty from tax prison.
A professional tax law firm should be hired - not an accountant and not a large tax company that talks about everyone who goes through their door only having to pay pennies on the dollar - in truth only 2% of those who apply for an offer in compromise actually get one! A bar member Utah tax lawyer will know all of the tools available to bring about a successful resolution to your IRS tax problems.
Once you have filed and determined the amount of back taxes owed including interest and penalties, it may turn out that the amount is much higher than you can pay the IRS. Once again a skilled Utah tax attorney can help. There are many programs availble to help bring resolution to your tax debt problems including: Offer in Compromise, Installment Agreement, Penalty Abatement and others for your defense including the statute of limitations, innocent spouse defense and even bankruptcy.
However there are conditions which make each program appropriate for your unique tax problem and again only an experienced tax lawyer will know what to do.
About the Author
Utah Tax Attorney Jim Gilland received his Juris Doctorate degree Drake Law School in 1995. He earned his Bachelor of Science and Master of Science degree from Brigham Young University in 1977 and 1978 respectively. He has been practicing law since 1996 specializing in Taxation and helping taxpayers in the Utah and Salt Lake City areas get legal help to solve IRS tax problems.
Author (getmejustice).
Submitted on Tue, 30 Aug 2011 Time: 2:25 AM
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