Are you a few years behind in filing your taxes? While you may think your situation is dire, with the help of Paramount Tax’s Cottonwood Heights tax services, you can have your case cleared with the IRS. Ignoring the situation will only make it worse, so it is important to sit down with a tax adviser in Cottonwood Heights and sort out all of your overdue taxes.
Then unfortunately you are out of luck. If you do not file within three years, you lose your refund. You won’t have to pay any fines if you don’t owe, but it is always a good idea to file any missed tax years. The IRS is more likely to audit someone who has unfiled taxes.
Then you could be facing late fees and penalties up to 25% of what you owe. The longer you go without paying, the more likely the IRS is to audit you. Unpaid taxes and penalties could lead to the IRS seizing your property and freezing your bank accounts.
The only way to be in good standing with the IRS is by filing and paying your taxes on time. Failure to file and pay for one or multiple years can put you in a serious situation. The best way to amend this situation is by contacting a tax adviser in Cottonwood Heights . The accountants of Paramount Tax can help you repay your debts with IRS approved payment options like: payment plans, the IRS Fresh Start Program, or an “offer in compromise.”
You may think you are the last person on earth searching for “2014 late tax filing,” but you are not alone. People get behind in their taxes for many reasons and as long as you are upfront with the IRS about your situation and payments, then it is easy to remedy the situation. Paramount Tax is here to guide you through the 2014 late tax filing process and to answer any questions you may have. Contact us today for a free consultation.
Paramount Tax & Accounting Cottonwood Heights can help you file late tax returns in Cottonwood Heights and navigate your options if you are faced with penalties. Contact our accounting firm in Cottonwood Heights for a free consultation to help file taxes late in Cottonwood Heights .
Timing, accuracy, and necessity are key factors when it comes to filing a late tax return. Paramount Tax & Accounting Cottonwood Heights can assist you from start to finish.
We review 3 years back to find errors / missed deductions.
Many people do not know how a professional tax firm differs from a tax preparer. The main difference when working with a professional tax and accounting firm, such as Paramount Tax & Accounting Cottonwood Heights, is that our firm utilizes the services of licensed professionals.
Paramount has worked hard to create relationships to deliver the value that our clients expect. In fact, our goal is to be the No. 1 firm in Cottonwood Heights . So when you ask yourself, "Where can I find accounting services near me?"... think no further than Paramount Tax & Accounting Cottonwood Heights!
Whether you are filing personal taxes or you own a business, if you are not already using a professional tax and accounting firm, you have most likely already missed out on major tax benefits, deductions and credits. This is because a professional tax and accounting firm utilizes licensed professionals, who can not only advise individuals on personal financial matters but who are qualified to advise businesses, financial institutions, nonprofit organizations and government agencies on a wide range of financial topics. Our strict standards ensure that we understand the complicated tax laws and how to implement strategies that return the most benefits to individuals and businesses. Give Paramount Tax & Accounting Cottonwood Heights a call or visit our tax and accounting firm in Cottonwood Heights for a free consultation.