SubscribePressure Tactics: You’re caught. The IRS had to flex it’s muscles to find you. Now IRS Hitmen are going to use extra pressure to collect. At this stage, your local IRS office has your file, and they could be right around the corner. But if you voluntarily file your Unfiled Tax Returns, the remote IRS Service Center will handle your file. They are generally more gentle in their collection efforts.
Beware the IRS’s “Help”: It makes sense to go to the IRS for help. But watch out. The IRS doesn’t care The IRS is not interested in making sure you get every deduction, exemption or credit you’re entitled to. You’re better off hiring a Tax Professional, or using a Computer Tax Program. You’re entitled to you money!
Keep In Mind: When a Tax Return is filed on time, IRS personnel only briefly views the Tax Return. But Late Tax Returns are hand-screened by specially trained IRS personnel. So your late Tax Return is under far more scrutiny.
You Also Risk:
- Criminal Investigation: It’s no secret that you risk jail time if you fail to file your taxes. Although this is rare, it is a possibility.
- Penalties, Penalties, Penalties: Penalties and fines accrue on your account when you file late. They can double or even triple your tax debt.
- Refunds Denied: If you file too late, you may lose your refund (Internal Revenue Code 6511a.) Only by filing within two years of the original due date will you qualify for the refund. After two years, it takes a very rare exception to get your refund.
Sirens Won’t Sound! Stuck in the rut of not filing? A lot of people won’t file their Back Taxes out of fear. Plus, they think if they start to file this year, the IRS will automatically check for all the years not filed. Wrong! The IRS wants to encourage nonfilers to file again. The IRS even provides special forms for late filers. So take advantage of this and file before you’re caught!
Now You Have the Smoking Gun…Use it!
Richard Close was an IRS-Hitman. He worked as a revenue officer for the IRS and his father was the head of the collections branch for 30 years; so it runs in the family. He left that behind and now he’s partnered with Tax Defense Network to help thousands of Americans with their tax problems. He gives the tips and tricks for you to fight the IRS and win! Visit him at: http://irs-hitman.blogspot.com or http://www.taxdefensenetwork.com or contact: email irs-hitman@taxdefensenetwork.com or 1-888-248-9058.
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