Unfiled Tax Returns

Do you have Unfiled Tax Returns?

Wage garnishment is a legal process for collecting a monetary judgment on behalf of a plaintiff from a defendant. Garnishment allows the plaintiff to take the money or property of the debtor from the person or institution that holds that property.

Not filing tax returns is a very serious matter. In extreme cases, the IRS may consider this an act of tax evasion, which is punishable by a $10,000 fine and/or one year in jail for each year un-filed. The IRS may issue a substitute for return (SFR) and tax you with (0) deductions and exemptions. If you re-file after an SFR, it is very likely you will be subject to an audit.

 

The IRS may impose a “failure to file” penalty. If you owe money, a delay may result in a penalty as well as interest charges. Generally speaking, the longer you wait to file your return the more money you are going to be charged in penalties.

IRS Bank - Tax Levies

IRS Tax Liens

Wage Garnishments

Payroll Tax

IRS Tax Audit

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