Tax season is stressful enough when dealing with one year’s filing. If you’re a few years behind in your taxes, you may feel like you’ll never be able to catch up. If you’re struggling to file and pay your taxes from 2015 or before, don’t worry - with the help of Paramount Tax’s tax advisers, you can have all of your overdue taxes sorted out in no time.
Then unfortunately you have missed your chance. The deadline for claiming your refund is three years. If you don’t owe, you won’t have to pay any fines, but it is always a good idea to file any missed tax years. By filing your returns and staying in good standing with the IRS, there is a smaller chance of being chosen for an audit.
Then you will be facing late fees and penalties up to 25% on top of your unpaid taxes. The longer you put off paying your taxes and fines, the more likely the IRS is to audit you. The IRS will seize assets and/or freeze bank accounts in order to recover owed debts.
The IRS has the power to audit anyone at anytime. An audit is never a good thing and one of the top reasons the IRS will open an investigation is failure to file and pay taxes. If you haven’t filed taxes for 2015 and/or previous years, Paramount Tax can help you amend the situation. The tax advisers of Paramount Tax has helped many people repay debts and regain good standing with the IRS through approved payment options like: payment plans, the IRS Fresh Start Program, or an “offer in compromise.”
If you find yourself searching for “2015 late tax filing,” you are not alone. Late tax filing is a common issue and as long as you are upfront with the IRS about your situation and payments, then it is easy to fix. Paramount Tax is here to assist you with the 2015 late tax filing process and to answer any questions you may have. Contact us today for a free consultation and to inquire about all of our tax services.
Paramount Tax can help you file late tax returns and navigate your options if you are faced with penalties. Contact our accounting firm for a free consultation to help file taxes late .
Timing, accuracy, and necessity are key factors when it comes to filing a late tax return. Paramount Tax can assist you from start to finish.
Many people do not know how a professional tax and accounting firm differs from a bookkeeper or tax preparer. The main difference when working with a professional tax and accounting firm, such as Paramount Tax, is that our firm utilizes the services of licensed tax professionals who are distinguished from other finance professionals by stringent qualification and licensing requirements. 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 Late Tax Filing firm in America. So when you ask yourself, "Where can I find Late Tax Filing services near me?"... think no further than Paramount Tax!
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 a call or visit our tax and accounting firm for a free consultation.