Austin Tax Attorney

Back Taxes in Austin

Seek an Austin tax attorney for assistance with back taxes and tax help.

For a variety of circumstances, you did not file your federal income tax return for this year or possibly prior years. In Austin this is often the situation like it is around the nation. You might not have known that you were required to do so. You might not have complied if you owe additional tax that you cannot afford to pay in full. You might not have completed because you anticipate a refund and simply have not taken the time to complete the forms. If you’ve got a “back tax” owed, it must be addressed to stop IRS collections.

Regardless of your reason for not filing taxes or just how your “back taxes” have been caused, file your tax return now with the help of an Austin tax lawyer. Voluntary filing will get rid of a criminal charge. If your return wasn’t completed by the date due, you could be a subject of the failure to file penalties. Penalties and the interest are a part of your “back taxes.” However, if you filed on time but did not pay all of it, you’ll be subject just to the failure to pay fees. Interest is owed on tax not paid by the date due, even if you have the extension of time to file. Interest is additionally owed on these penalties.

If you cannot pay your past due taxes in a single payment, some request a basic payment plan. You should think about your income, and determine the amount of money you can offer to pay. By coming to the Austin and federal IRS with a solid plan, you can impress them by your desire to remedy the issue. Be aware that the IRS may be able to confiscate property, place liens on your financial accounts, perform other actions and more to get the finds you owe.

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