Q: What do I do if I have Not Filed my tax returns for years?
A: Multiple and delinquent filing of tax returns can create a tax burden, and related collection peril, well beyond the simple action of filing these overdue returns. Multiple delinquent tax returns are reviewed by the IRS with GREAT scrutiny, and if not prepared and filed with care and strategy, can cause immeasurable harm. The commonly perceived notion is that the IRS is assuming you have something to hide, as the returns would have been filed timely had you not had "something to hide". An Enrolled Agent can most effectively prepare and file back returns with a proven ability to pass the scrutiny of the IRS, and limit or eliminate audit concerns. Once filed, a good tax attorney can most effectively implement strategies to deal with this new, and often times larger than usual, tax burden.