Tag: back taxes
-

When Filing Extra Tax Years Still Helps
Additional tax years can still help even when the IRS does not require them. A nonrequired year can reduce an SFR balance, support basis, explain later returns, document payments, strengthen penalty relief, clarify business history, or improve collection strategy. The decision should be deliberate, not automatic.
-

Do You Have to File Every Missing Tax Return?
Taxpayers often believe every missing return must be filed immediately. The better approach is to determine which years the IRS requires, which years protect the taxpayer and which years affect resolution. Transcripts, SFR assessments, refund limits, balance due exposure and current compliance all shape the filing plan.