Yes, late filing is a serious non-compliance issue. However, in most circumstances, the IRS gives a taxpayer multiple chances to file by sending notices to late filers. The IRS rarely prosecutes late filers who voluntarily and promptly file an accurate return
The IRS can also withhold your tax refund
If the IRS identifies that a taxpayer has an unfiled prior-year tax return (especially a return in which the IRS projects a balance owed), they can freeze your tax refund and request the taxpayer to file. The refund is held for 6 months while the IRS requests a filed return from the taxpayer. If no return is received, an assessment may be made through the Automated Substitute for Return (ASFR) program, and the refund applied to any balance due.
What happens if I miss the notice deadline to file my late return?
If you miss the deadline on any IRS delinquent return notices (IRS notices CP 59, CP 515, CP 518), you should contact the IRS by phone to get your status and obtain any special filing instructions/address to file the late return. You should also ask for an enforcement hold to allow for additional time to file without IRS enforcement actions (SFR filing, collection, etc.).
GET TAX RELIEF HELP TODAY
Advance Tax Relief
BBB A+ Rated
If you think that you may need help filing your 2014, 2015, 2016, 2017, 2018, 2019 & 2020 Form 1040 tax returns or past due tax returns, you may want to partner with a reputable tax relief company who can help you get the max refund and reduce your chances for an IRS AUDIT.
Advance Tax Relief is headquartered in Houston, TX. We help many individuals just like you solve a wide variety of IRS and State tax issues, including penalty waivers, wage garnishments, bank levy, tax audit representation, back tax return preparation, small business form 941 tax issues, the IRS Fresh Start Initiative, Offer In Compromise and much more. Our Top Tax Attorneys, Accountants and Tax Experts are standing by ready to help you resolve or settle your IRS back tax problems.
Advance Tax Relief is rated one of the best tax relief companies nationwide.