| If you have missed a tax filing, it is important to | | | | situation, the amount you owe can vary. If |
| stay calm, yet act as soon as possible to avoid | | | | you’ve simply missed one filing, the |
| any more tax issues or possible encounters with | | | | process could be quite simple as compared to |
| the IRS. Use our three step guide to file your | | | | several missed filings. Be aware of what you are |
| back returns today. If you’ve missed the | | | | getting yourself into before you consult anyone |
| tax deadline and are avoiding filing your late taxes | | | | else. After calculating what you woe, calculate |
| you could be accumulating penalties and interest | | | | your ability to pay it back, and how much time |
| as we speak. While it may be overwhelming and | | | | you need. |
| stressful to face a late tax situation, it is much | | | | 3. File, file, file! Of course, consulting a tax |
| better to take action as soon as possible in order | | | | professional for filing is important and will make |
| gain the best case scenario. However, while it is | | | | the process much easier for you. After finding a |
| important to act fast, it is equally important to | | | | tax professional, work with him or her to begin |
| take time and care with every action. Follow our | | | | filing your returns. Pay close attention to the |
| three steps and get started on filing your late | | | | process and follow through with all steps. Mail in |
| taxes. | | | | your returns, separating them by year. Be sure |
| | | | to get a receipt when mailing.After you’ve |
| 1. Gather all information, forms, and documents | | | | mailed in your returns, pat yourself on the back! |
| that will help your case. This means fully | | | | You’ve completed the process. However, |
| understanding your scenario and your ability to | | | | it is important to always follow up and make sure |
| take care of it. You must diligently gather | | | | everything has gone through ok. After following |
| W-2’s, income statements, mortgage | | | | up with the IRS, focus on paying back your taxes |
| documents, expenses, and IRS forms you | | | | at your set rate. Be sure to stay on top of the |
| consider necessary. It is important to be fully | | | | process in order to achieve the greatest results |
| prepared, so even if you are questioning the | | | | and no further penalties. Stay on top of |
| relevancy of a form, hold on to it. | | | | communication with the IRS and hopefully you will |
| 2. Calculate amount owed. Depending on your | | | | see yourself out of debt before you know it. |