9/20/12 at 10:35 AM 0 Comments

Atlanta CPA: What Does the IRS Do When You Fail to File Your Taxes?

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Atlanta CPA: What Does the IRS Do When You Fail to File Your Taxes?


"Fortunately, the vast majority of Americans recognize their civic duty and voluntarily comply with their tax filing obligation. Whether because of an inability to pay or severe procrastination, some citizens drop out of the tax system. The IRS has made attempts to make it easier for persons to voluntarily comply with the tax laws and to bring themselves current on any outstanding filings or tax due. Assistance is provided to those persons to resolve issues that caused them to drop out of the tax system and bring them back into compliance." — Source IRS Web Site at http://www.irs.gov/uac/Who-Must-File-1

"Despite all the warnings about...frivolous arguments, some taxpayers insist on presenting frivolous arguments in court. The law allows the courts to impose a penalty of up to $25,000 when the court comes to any of three conclusions. Taxpayer institutes a proceeding primarily for delay,Taxpayer takes a position is frivolous or groundless, orTaxpayer unreasonably fails to pursue administrative remedies" — See IRS Web Site at http://www.irs.gov/uac/IRS-Warns-of-Frivolous-Tax-Arguments—Nonfiler-Enforcement

The IRS has posted on their web site many of the arguments people may use to lead you astray Learn The Truth About Frivolous Tax Arguments so that you make sure you do not run afoul of the IRS and tax law. See http://www.irs.gov/Tax-Professionals/The-Truth-About-Frivolous-Tax-Arguments---Section-I

"Not filing a federal tax return can be costly — whether you end up owing more or missing out on a refund. The IRS may also impose a wide range of civil and criminal sanctions on persons who fail to file returns. If you owe tax and your return was not filed by the due date, including extensions, you may be subject to the failure to file penalty, unless you have reasonable cause for not filing. If you did not pay your tax in full by the due date for the return, not including extensions of time to file, you also may be subject to the failure to pay penalty, unless you have reasonable cause for your failure to pay. Additionally, interest is charged on taxes not paid by the due date; even if you have an extension of time to file. Interest is also charged on penalties."---- See the IRS's web site at http://apps3.irs.gov/newsroom/article/0,,id=178194,00.html

"The Internal Revenue Service's role in combating the area of non-filing is that of outreach, education, and enforcement of the tax laws. However, it is understood that there are those who will not respond to outreach efforts and simply refuse to comply with the law. It is to those individuals, who deliberately fail to comply with their obligation to file required tax returns and pay any taxes due and owing, that IRS Criminal Investigation devotes its investigative resources." — Source IRS Web Site at http://www.irs.gov/uac/Overview—Nonfiler-Enforcement

Be sure you work with a local CPA who can best guide you through the nuances of tax law while making sure you pay only your lowest legal tax.

www.HisCPA.com  A Christian CPA Firm in Duluth GA Proudly Offering Corporate and Personal Income Tax Returns, Offer in Compromise, Tax Advocacy, Tax Mitigation and Tax Compliance, Back Taxes, IRS Representation, IRS Appeals, IRS Collections, IRS Installment Plans & IRS Wage Levies

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