Back Tax Help Near Me Utah

Back Taxes Owed, Accounting Services

The stress of tax season can reach an unbearable point if you have back taxes looming over you. Particularities in filing, accumulating interest, and the threat of further fines makes filing back taxes an intimidating process. Avoiding these penalties means filing your back taxes perfectly, which makes personal filing an extremely stressful situation. Fortunately, Paramount can assist you in these tricky filings.

Most taxpayers are required to file tax returns yearly, but many taxpayers often forget (or neglect) this responsibility. Failing to file tax returns is a serious issue and can put you in legal trouble with the IRS. If you fail to file a return, the IRS can file for you and you will lose out on any deductions you may be entitled to.

While neglecting to file a return is the main reason an individual or business may need to file back taxes, failing to pay tax liabilities or improperly reporting total income additionally leads to back tax accumulation. By definition, back taxes are the result of these improper filings, or taxes that have not been fully paid in the year that they were due.

Back Tax Filing Process

When it comes to back taxes, filing as soon as possible is your best option to avoid further accumulation of fines and interest. Unfortunately, the back tax filing process is a bit more complicated than normal filing.

Before you can even begin filing your back taxes, you must:

  • Collect all necessary documents (W2s, 1099s) for the years you owe
  • Request/find any information or documents you may be missing
  • Report any additional income that may not be present on past tax documents (like assets sold)
  • Download your previous years’ tax forms - back taxes must be prepared on the forms for their original year

Once this information has been gathered and organized, only then can you begin the back tax filing process. Often times, those who attempt to file back taxes on their own lose out on deductions and credits. Those who do not have the finances to cover owed back taxes and accrued interest may be eligible for payment plans or certain penalty reliefs. Finding out all this information, however, takes time and research. And, as time is of the essence when filing back taxes to avoid additional penalties, it is understandable that many feel daunted by the thought of filing back taxes alone.

Fortunately, if you are looking for delinquent tax filing in Utah, then Paramount Tax has your back. We offer several options when it comes to filing back taxes; please take a moment to complete our Free Consultation form or contact us to schedule a consultation today with a Utah Tax specialist.

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These guys were awesome. They were professional and did everything over the phone after I did my first visit to make sure I felt good about them.
— Jeremy Adamson
Posted April 27th 2019
Google
Second year using Paramount Tax and another great experience. Between business, W2 and 1099 income, my returns are complicated yet Paramount makes it smooth and we've been done in under an hour. Great pricing, wonderful and professional staff.
— Ryan Heimpel
Posted April 25th 2019
Google
Second year using Paramount Tax and another great experience. Between my business, W2 and 1099 income, my returns are complicated yet Paramount makes it smooth and we've been done in under an...
— Coon H.
Posted April 24th 2019
Yahoo! Local
Second year using Paramount Tax and another great experience. Between my business, W2 and 1099 income, my returns are complicated yet Paramount makes it smooth and we've been done in under an hour. Great pricing, wonderful and professional staff. Their expertise has saved me thousands on things I wouldn't have caught doing my own taxes.
— Coon H.
Posted April 24th 2019
Yelp
Showing 4 of 80 reviews (Average rating of total: 5 stars!)

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Paramount Tax & Accounting - Bountiful

Bountiful, UT

Call: 801-683-9734
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Paramount Tax & Accounting CPAs, of Bowie

Bowie, MD

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Paramount Tax & Accounting - Chandler

Chandler, AZ

Call: 480-247-6504
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Paramount Tax & Accounting - Cincinnati East

Cincinnati, OH

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Paramount Tax & Accounting - Cottonwood Heights

Cottonwood Heights, UT

Call: 385-529-0814
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Paramount Tax & Accounting, CPAs - Draper

Draper, UT

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Paramount Tax & Accounting, CPAs - La Mirada

La Mirada, CA

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Las Vegas, NV

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Paramount Tax & Accounting - Lehi

Lehi, UT

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Paramount Tax-South Jordan, Riverton

South Jordan, Riverton UT

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Paramount Tax & Accounting, CPAs - St. George

St. George, UT

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