Unfiled tax returns with The Law Offices of Nick Nemeth
  • January 21, 2019
  • admin
  • 0

Every year, taxpayers are required to file their IRS tax returns within the stipulated timeline. There are times, however, when taxpayers are unable to clear their dues and end up with heavy penalties and interests. Whether a taxpayer forgets the deadline, doesn’t have the finances to pay the owed taxes, or has a history of unfiled taxes, the IRS has different tax relief options to help them overcome settle their dues. Continuing on the subject, in this blog post, we focus on how to go about filing unfiled tax returns. Read on.

Filing Unfiled Tax Returns

Collate all Documents

The first step to file unfiled tax returns is collating all the necessary information and documents. If needed, you can also request the IRS for a few important transcripts, such as income, account, and wage documents, that you may need when filing unfiled tax returns. It is also essential to collate all documents related to investments, self-employment, and other income that were not documented in the IRS file.

Complete the Filing Process

After you collate the necessary documents, compile them properly and complete filing your tax return accurately. Make sure you double check the tax return against all the documents you present to the IRS. Reviewing and double checking your tax return makes sure that you avoid missing out on even the smallest financial detail when filing unfiled tax returns.

Seek Professional Help

Seeking professional help by hiring an experienced IRS tax attorney is the ideal way to deal with any tax-related issue, with unfiled tax returns being no exception. Tax professionals not only keep a tab on important tax dates, they also keep your financial records up-to-date. Hire a professional who can guide you on how to tackle IRS tax-related issues.

2 Tax Relief Options

Some taxpayers don’t have the finances to pay what they owe to the IRS. In such cases, the IRS offers a number of tax relief options, provided the taxpayer can provide relevant documents to prove their claim. Two common ways to get tax relief are:

Offer in Compromise

An Offer In Compromise is the best option for individuals with very low income and minimal or no equity assets. The Offer in Compromise is a lump sum amount that is submitted to the IRS in hopes that they accept this amount and forgive the taxes due.

Installment Plan

Another way out offered by the IRS is to pay the owed tax amount in installments. There are, however, certain eligibility criteria that taxpayers need to qualify to receive this plan. Moreover, when opting for an installment plan, it is crucial to always meet the subsequent payment deadlines to avoid high penalties.

Need Help With Unfiled Tax Returns? Contact Us!

Filing unfiled returns accurately and correctly is essential to avoid potential tax-related problems, such as penalties, interests, and even legal consequences. The ideal way to deal with any small or big tax-related issue is hiring a tax professional. Speak with one of our IRS tax attorneys at the Law office of Nick Nemeth to get professional help with all sorts of IRS tax problems, including unfiled tax returns. To discuss your IRS tax problems, simply call (972) 426-2553 or fill out our contact form and we will take it from there.

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