A tax filing extension can be a life saver, but it’s important to understand what a filing extension does and doesn’t do. Some taxpayers get into trouble because they request filing extensions as a means of delaying payment of their tax bill, which can lead to...
When You Have Serious Tax Issues, You Need Someone Who Knows Tax Law
Tax Filing
WHAT TO DO IF YOU FORGOT TO FILE YOUR TAX RETURN
Many taxpayers forget to file their tax returns every year. This could happen for several reasons: You completed your tax return and thought you submitted it to the IRS, but you never did. The IRS rejected your return and you did not resubmit it. You were distracted...
Should You Amend a Prior Year Tax Return?
You should amend a tax return if it’s been less than three years since the tax return’s due date and you find an error that will affect your tax liability. However, some errors will be caught by the IRS and won’t require an amended return. When Not to Amend You don’t...
IRS Notices: Refund Holds for Delinquent Returns
The CP88 Notice is used when a taxpayer’s refund is being held because they have delinquent tax returns. When you receive this notice, you should either file your past due returns or notify the IRS that you were not required to file a return. Why Refunds Get Held The...