Unfiled Tax Returns with The Law Offices of Nick Nemeth
  • August 27, 2018
  • admin
  • 0

If you have unfiled tax returns, you may have many questions on your mind, especially if this  has happened for the first time. Questions such as, how the IRS contacts taxpayers, what are the consequences of not filing tax returns, and what is substitute for return program. These are all common questions among taxpayers who have not filed their tax returns. While the Law Offices of Nick Nemeth can help you with unfiled tax returns and scores of other IRS-tax debt related issues, it is important for every taxpayer to have a fair knowledge about common tax problems such as unfiled tax returns.  To help you, in this blog post, we answer five frequently asked questions about unfiled tax returns. Take a look.

1. Is failure to file tax returns considered a crime?

Intentional failure to file a tax return is considered a misdemeanor, while any form of tax evasion is considered a felony, with the maximum prison sentence 1 year and 5 years, respectively. Taxpayers can avoid criminal prosecution for unfiled tax returns with timely guidance from a professional tax attorney.

2. How does the IRS contact taxpayers who don’t file returns?

Typically, the IRS sends a notice through mail. These communications serve as a reminder to taxpayers. Delinquent taxpayers may also receive a notice demanding to file returns within 30 days. If the recipient ignores the initial warning mail, the IRS resorts to more stringent actions, including conviction.

3. What are the consequences of failure to file tax returns?

If a taxpayer does not file their tax return, the IRS charges a penalty that is usually 5 percent of their the outstanding tax liability, but can go up to 25 percent. The tax return filing status is assessed every month. In such cases, any entitled refund stands canceled. Even if a taxpayer files bankruptcy, they can’t include tax debt unless they are up to date on their filing obligations. In worst-case scenarios, defaulting taxpayers may face jail term and fines of up to $25,000.

4. What is a Substitute for Return (SFR)?

Substitute for Return (SFR) is when the IRS prepares an income tax return on behalf of a taxpayer. If a taxpayer fails to file a return within the stipulated deadline, the IRS takes the initiative to file a substitute for return. Generally, these returns assess a higher tax liability than the amount actually owed by the taxpayer. In other words, the IRS files a return and it would not give any exemptions or deductions to the taxpayer.

5. Can I file a tax return after the annual deadline?

Yes, you can. You can also e-file your tax return up to six months after the lapse of the original deadline. However, it is advisable to file tax returns on time to avoid unwanted penalties and interest. In case you wish to claim a refund, it is compulsory to file tax return within three years of the due date.

Need Professional Help? Consult a Tax Attorney!

We hope the above questions and answers on filing unfiled tax returns are helpful to you. While it is a good practice to file tax returns on time; sometimes taxpayers cannot avoid missing the deadline due to unavoidable causes. When it comes to tax issues such as unfiled returns, the IRS means business. If things seem to get out of hand, and you can’t handle it on your own, do not worry. We, at the Law Offices of Nick Nemeth, are always ready to help you with all sorts of IRS tax debt problems. To discuss your case, simply call (972) 426-2553 or visit our website www.myIRSteam.com and fill out a form fill and we will get back to you shortly.

Please follow and like us:

What Our Clients Have to Say

Susan WilsonSusan Wilson
03:27 25 Jan 23
I have been very pleased with the solid counsel and guidance that Nick Nemeth has provided me regarding my tax issue. I found him to be honest and straightforward which I appreciated. I was impressed with his relevant experience and knowledge . He has definitely brought me peace of mind during a difficult and stressful time.
Sarah HowardSarah Howard
03:44 14 Nov 22
I would like to thank Mr. Nick and his staff for the superb help that I received from them. My IRS problem was resolved quickly and efficiently. It took 2 visits to convince me that I was over my head. I thought that I could call the IRS, appeal my tax notices and settle on a payment plan on my own. After many phone calls to the IRS, waiting sometimes more than 4 hours with no resolution to speak of, it proved to be extremely difficult and stressful. Revisiting Mr. Nick was a huge wake up call. My account was reviewed, and a payment plan was established with the IRS within a week. I will be forever grateful to the staff who worked on my case and especially to Lorna who listened to me vent while going through this painful process.
00:33 07 Aug 22
I cannot say enough good things about Nick and his team. When I first met with Nick he was up front, honest, friendly and efficient. When I worked with one of his attorneys, Eric B, I was just as pleased. All of the staff there are nice and very helpful. I wish I hadn't waited so long to get help with my issue. Over 6yrs I tried getting through and getting anywhere with the IRS and hardly made any progress. I know this may not be the case for all, and even I thought it would take longer than it did, but 3mos and they had my situation straightened out. I still can't believe it. Thank you thank you THANK YOU for all that you did for me. This is a huge burden gone out of my life now thanks to you. If anyone needs help out there, I know you may not want to shell out more money to get their help but it may just save you in the long run.
Spoilly GirlSpoilly Girl
23:49 03 Aug 22
The Nemeth Law team is exceptional. They treat their clients like a family member who is in crisis. They want you to get the best possible outcome. I really appreciate everything that they did for me. Jake and Ashley had the greatest role in my case and it all turned out for the best for me. Thank you Nick and team for easing my fears and getting me through the long process. I'm truly grateful.
Eddie WaltEddie Walt
19:44 12 Jul 22
During a time in which competent, professional service at a fair price seems to have disappeared, Mr. Nemeth and his team are a refreshing breath of fresh air.From my first phone call to the final settlement of our case with a non-responsive IRS, they under-promised, over-delivered and were in constant courteous contact to make sure we knew exactly what was happening and where we stood.I hope to never need their services again, but, should I receive another friendly letter from the IRS...I know who to call!
Quick Inquiry


    Enter the text you see above