Menu

Usually, tax obligation debt can be mainly resolved by merely filing p…

Usually, tax obligation debt can be mainly resolved by merely filing past due returns. The Internal Revenue Service typically imposes penalties as well as rate of interest on tax obligation due from missing out on returns, so unless you send a fine reduction, those will certainly still likely need to be paid. It is also entirely possible that your client may also be qualified to a reimbursement that they have actually lost out on as a result of missing returns. The only method to find out is by just gathering their financial papers for that year and filing the past due returns.

OVERDUE RETURNS