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IRS or State Unfiled Tax Returns can either financially benefit the Taxpayer or it can cause a financial train wreck for your business and or, the household. As you already know, earned income tax collection is sure as the sun rising and sun setting. Regardless of how the general taxpayer earns his/her income, whether its through pass-through business entities, self employment, interest and dividends or plain W-2 wage income. The taxpayer is expected to voluntarily keep the federal and state tax obligation in good standing by correctly identifying the correct claims for withholding exemptions. As for the self employed, the obligation requires further attention to quarterly estimated tax payments. How does a timely filed tax return benefit you? 1) Refunds (within the 3 year taxpayer refund collection statute) 2) Credit report income verification for large item purchases (primary residence, commercial property for investment, automobile, household appliances, solar installation, etc.) 3) "0" penalties and interest if balance due is paid in full 4) Retirement benefits via Social Security Administration will be paid in full an un-hindered 5) No more tax anxiety producing IRS or State authority letters probably contributing to unnecessary health issues & sleep deprivation...nothing like a clear mailbox. 6) Earned income tax credits, education credits, elderly credits, child expense credits, energy saving credits, mortgage interest payments and other paid tax obligations already paid through out the existing calendar tax year. 7) Avoiding Franchise Tax accumulation and suspension 8) Taxpayer ability to get married 9) Last but not least, probably the most important reason to file a timely federal and state tax return is the avoidance of the unseen IRS weapon called the "Substitute Filed Return" (SFR). This return is manufactured by the service based on the reported income from an employer or vendor in any given tax year, no exemptions, no credits and no business expenses. Ouch! File all unfiled tax returns, correctly identify refunds or balances due per tax year, gain negotiating power and rights via compliance and rectify the tax problem at its "core" once and for all. Contact the Nationwide leader in obtaining tangible State or IRS Tax Relief, the fiduciary protector of taxpayer back tax resolution, champion of the people's trust, DWK Tax Group. ZERO Complaints. A relentless tax problem that took many years to create, can be engaged, understood and resolved in 24 to 48 hours. Keypad 1 - 8 6 6 - 2 2 6 - 6 1 0 2 for a detailed 20 minute tax analysis of your scenario, each and every taxpayer has a unique set of circumstances to assess, no case file is exactly alike. Additional information can be provided at our website; http://dwktaxgroup.com/ or submit information via our secured website. All information is secured, private and never ever shared. Thank you for your time in advance...
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