Unfiled IRS or State Tax Returns may be construed as a criminal act by the IRS - DWK Tax Group

Tax assesments reveals what the citizen owes, lack of a tax assesment keeps the taxpayer in limbo, time will continue to tick without a collection statute expiration date.
By: DWK Tax Group Admin
 
US-WIDE, US-wide - July 13, 2013 - PRLog -- According to IRS statistics approximately 10 million Taxpayers do not file their tax returns on an anual basis, obviously you, the struggling Taxpayer are not alone. The very start of a relentless tax problem begins with earning enough income over a specific time period (calender or fiscal year) to warrent a "voluntary" income tax return filing.

Just for clarity, income tax return refunds are monies you paid throught the calender or fiscal year to the employer, estimated tax payments or payroll overpayments. Waged income was either "over" withheld by your employer or claiming legitimate tax credits deemed refundable. The W-4 filed with your current employer designates the amount of exemptions and, or deductions the Taxpayer wishes to claim. The higher the number, the less taxes are withheld. Be careful, everyday DWK Tax Group and its Tax Attorneys and Enrolled Agents encounter the above mentioned scenario. Be prepared to pay, as high as, 47% increase in penalties and interest on the original dollar owed.

Taxpayer bottom line...Get a small refund or a yearly balanced owed of less than $200.00 for the sake of taxpayer affordability. A tidbit of warning...If the Taxpayer is currently in an installemnt agreement, any balance owed to the IRS can and will "default" the installment agreement currently in place.

So several years pass by, hmmm, IRS hasn't sent any notices so far, there must not be a problem with you not filing. Right? Wrong! An unforseen weapon the IRS has enlisted in its arsenal is the dredded SFR, (Substitute Filed Returns). The tax return is created via the income reported by your employer, zero exemptions and zero deductions are applied to the tax return. The main purpose of this weapon is for the IRS to make an assessment of taxes owed and begin "involuntary" collection.

Many reasons exist as a possible excuse for tax return neglect, Effective Tax Administration, also an accepted means for approval of an Offer in Compromise, is an approach using the taxpayer's extencential circumstances as a defense. In reality the IRS, nor the state, does not care about the drama. The focus is the intent to collect as much money in the shortest amount of time period as possible.

In search of a person or company you can rely on, looking to better the current situation you are in today? DWK Tax Group will move to quiet the tax collection effort in 24 to 48 hours. Tired of "bobbing and weaving"? Tired of the tax anxiety experience of checking the mailbox? Tired of diquising your voice when a blocked call is ringing your phone? Stop the IRS ot State tax authority in its tracks today, we promise you will feel better just by speaking with us. Initial 20 minute taxpayer tax analysis is of no cost. Avoid falling in to the possible tax resolution money pit, our fees are flat and disclosed in the very beginning. Be aware of the bait and switch and most annoying devious practice...the "hold you over a barrel" approach, unable to solve the tax problem unless you pay more money syndrome. Terrible!!

Keypad 1 - 8 6 6 - 2 2 6 - 6 1 0 2 for the most affordable, resonable, effective and customer service oriented tax law firm in the United States of America. Click on http://dwktaxgroup.com/ for additional information today
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Source:DWK Tax Group Admin
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Tags:Unfiled Tax Returns, Missing Tax Returns, No Tax Returns, Irs Returns, Missing Refunds
Industry:Accounting, Family
Location:US-wide - US-wide - United States
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