Regular Post
Written by Scott Allen

Filing Late Returns—Why Mesa Arizona residents need to file on time.

Filing Late Returns Mesa AZ

  • Avoid potential for prosecution.  Willful failure to file is a misdemeanor and can result in being sentenced to one year in prison for each year not filed.  This is a rare occurrence but why put your self through the possibility.
  • You will lose your Earned Income Credit if you try to claim it on a return that is older than three years.
  • If you are self employed, you will received a reduced benefit when you retire based on income earned that was not reported.
  • You will lose refunds on years filed after three years from the due date of the return.
  • Increased debt to the IRS from interest and penalties which can double the amount owed in a few years.
  • Higher likelihood that your returns will be audited or reviewed.
  • IRS will calculate a substituted tax return (SFR) based on income reported without any deductions.  These liabilities are not dischargeable in bankruptcy.

Call me today for filing late returns Mesa AZ and schedule a free initial confidential consultation to see how easy it is to get yourself back in the saddle.

Damien was nearly ten years behind on his back taxes. He thought the IRS had forgotten about him. Low and behold it was the exact opposite. Because he did not file his taxes timely, the IRS filed an SFR tax return giving him a large tax bill of over $39,000. On top the that they were garnishing his income to collect on that tax bill. This got his attention and he hired Scott Allen EA to be his power of attorney. If you check out the IRS notice below you will see that he was able to file a protest tax return and wipe out the entire bill. Yes, you are reading that correctly. Not only that, but the IRS now owed him money and they returned the money they levied from him. Talk about a complete turn around of events.  In addition to correcting Damien’s 2012 tax return Scott also helped him with filing late returns Mesa AZ up through the year 2020. He is now 100% filing compliant.

For more information on filing late returns click here.

Filing Late Returns Mesa AZ

Scott Allen E. A.—Tax Debt Advisors, Inc.

 

BACK TAX RETURNS, IRS Problems
0
Regular Post
Written by Scott Allen

File Back Taxes Scottsdale and only pay $80/month

File Back Taxes Scottsdale

Peter had to file back taxes Scottsdale and negotiate them all into a payment plan. Uncertain of where to begin he met with Scott Allen EA for a phone appointment to go over the process. When the IRS files substitute for returns in your behalf you still have the ability to file correct returns for those years. That is exactly what Peter did. Scott Allen EA helped him prepare the back taxes to first get the balance due as low as possible before doing the payment plan work. As you will be able to see from the notice below they were able to help Peter get a really low monthly installment plan with the Internal Revenue Service. He only has to pay $80 per month on his back taxes. He will do so until the tax debt expires in a few years. Not a half bad settlement negotiation.

File Back Taxes Scottsdale

If you have a need to file back taxes Scottsdale speak with Scott Allen EA of Tax Debt Advisors, Inc. He will explain the process of resolving your tax problem from beginning to end in a clear and simple matter. For your reference here are those three steps to resolve most tax matters. Don’t battle the IRS alone. Go with someone who has years of experience.

  1. Power of Attorney work
  2. Filing back tax returns
  3. Tax Debt Settlement

 

 

BACK TAX RETURNS, IRS Problems, Unfiled Tax Returns
0
Regular Post
Written by Scott Allen

Never too late to Release IRS Levy Scottsdale AZ

Release IRS Levy Scottsdale AZ 

If you live in or near Scottsdale Arizona and need a release of your IRS levy Scott Allen EA can be of help.  There are steps to take to get that accomplished.  Scott will find out and go over all those steps with you in order to release IRS levy Scottsdale AZ.  Raynaldo is a client who took Scott Allen EA as his IRS power of attorney.  He was under a levy and had multiple years of back taxes that needed to be corrected and filed.  The IRS had filed some tax returns for him, called Substitute For Returns (SFR).  The notice below shows the acceptance of the protested tax return that was prepared by Scott Allen EA. By doing this Raynaldo’s debt was reduced by over $69,000. After getting this year and others correctly filed, along with stopping the levy, Raynaldo was back in the drivers seat.  He is in compliance with the Internal Revenue Service and life feels good again.

 

Release IRS Levy Scottsdale AZ

Release IRS Levy Scottsdale AZ

If you find yourself in a similar situation don’t put it off any longer.  Get Scott Allen EA of Tax Debt Advisors on your side representing you today.  He will only take on your case if it is in your best interest.

www.ReleaseIRSLevy.com

 

How did Scott Allen EA help Roger with his IRS levy Scottsdale AZ?

He negotiated all his back taxes into a Currently Non Collectible Status. That is correct – Roger doesn’t have to back a dime back on his back taxes as long as he files and pays his current and future taxes on time.  You bet he will be in my office Feb 1st to prepare next years taxes on time. See his approved agreement with the IRS below.

IRS Levy Scottsdale AZ

 

BACK TAX RETURNS, IRS Levy, IRS Problems, Tax Debt Advisors Reviews
0
Regular Post
Written by Scott Allen

Steven Filed Back Taxes Chandler with Tax Debt Advisors

File Back Taxes Chandler

Tax Debt Advisors is the right choice if you need to file back taxes Chandler. Tax Debt Adviors has been solving IRS problems for over 44 years. That is two generations of committed success of filing back taxes and settling IRS debts. The average clients that comes in hasn’t filed in about seven years and/or owes the IRS more then $50,000 in back taxes. Steven was above the average and owes the IRS more than $93,000 on his back taxes. Two of the years that he owes for are 2011 and 2012 so those debts expire in less than two years from now. That means that when they expire the IRS cannot collect on the back taxes any longer. So in essence he is settling his back taxes on a $650/month payment plan (or $13,000 by the time it expires). Not a back deal if you ask us. Check out the IRS acceptance letter below.

File Back Taxes Chandler

If you have a tax problem that needs some solving (whether large or small) give Tax Debt Advisors a call today. They can help guide you on the right path to victory over the IRS. Even if you don’t need to file back taxes Chandler they can still be of help settling your IRS debt, responding to an IRS notice, or represent you in an audit.

Thank you.

 

 

BACK TAX RETURNS, IRS Problems, Tax Attorney Arizona
0
Regular Post
Written by Scott Allen

File Back Taxes Phoenix and save $45,421.00

File Back Taxes Phoenix

Martha called Tax Debt Advisors, Inc in a panic because not only did she have to file back taxes Phoenix but the IRS had made a substitute assessment on her 2013 tax year. This substitute assessment by the IRS claimed she owed them $45,421.00. Wow, what a shock this was to Martha. Not only did she not file 2013 but nothing for 2014 thru 2020 either.

Tax Debt Advisors, Inc was able to walk Martha thru the steps to resolve her IRS matter and save her paychecks and bank accounts from IRS levy. By signing Tax Debt Advisors, Inc over as her Power of Attorney they were able to investigate what records the IRS had on her for all her delinquent years (especially 2013) where they came up with a massive tax amount owed. Tax Debt Advisors, Inc discovered that when the IRS filed the substitute filing they accounted for all of her stock sales but none of her stock basis. Once we determined her basis, a proper accurate tax return was filed resulting in ZERO taxes owed. Yes, ZERO! Click on the IRS notice below to see for yourself. Not only did she have enough stock basis to owe no taxes, but she had capital losses to carryforward to her 2014 tax return to help lower her taxable income on that return as well.

File Back Taxes Phoenix

When you have to file back taxes Phoenix it is extremely important that you have proper IRS representation. Scott Allen EA with Tax Debt Advisors, Inc is that choice if you live in or near Phoenix Arizona. Don’t delay and schedule that initial phone or office consultation today.

 

BACK TAX RETURNS, IRS Levy, IRS Problems, Unfiled Tax Returns
0
Regular Post
Written by Scott Allen

File Back Taxes Gilbert just like David had

File Back Taxes Gilbert

Are you an Arizona resident embarrassed that you need to file back taxes Gilbert? Don’t be! Probably 1/3 of everyone out there has some sort of IRS tax problem or just got over one. One thing we have learned in our over 40 years of experience is that every IRS problem is solvable.

David is a small business owner working 60 hours a week and fell behind on his taxes. As a homeowner with equity he was worried and stressed the IRS would want to take his house away. He needed to get this business (C-Corp) and personal taxes all caught up for five years.

Scott Allen EA was able to help him communicate with the IRS on his behalf, organize his records, and prepare his personal and business taxes one year at a time until he was all caught up. It took two months but it was accomplished without any problems or issues from the IRS.

Once all the back taxes were filed Scott Allen EA collected David’s financial information (i.e. income, expenses, debts, & assets) and evaluated his ability to pay back his taxes to the IRS.

See the approval letter from the IRS on our negotiation work. Mission complete! If you need to file back taxes Gilbert, whether it is for one year or seven years call and speak with Scott today.

 

File Back Taxes Gilbert

BACK TAX RETURNS, IRS Problems, IRS Tax Attorney, Tax Preparation
0
Regular Post
Written by Scott Allen

File Back Taxes Mesa just like Augustus did

File Back Taxes Mesa

If you are reading this blog page you have found yourself behind on filing your income taxes with the IRS and most likely the state of Arizona as well. There is no need to panic. Yes, you may have put yourself in a little bit of a pickle but there is an easy way out. Scott Allen EA has a simple three step process that helps taxpayers file back taxes Mesa and settle them into a reasonable payment plan option or other settlement solution. As you can see from the notice below, Augustus was six years delinquent with the IRS. He is a self employed truck driver and also receiving social security income. He had not been making his quarterly estimated tax payments on his business income either. Before he knew it he was stuck in this trap.

Scott Allen EA was able to dig him out of that trap. He contacted the IRS to put a stop of all collection activity and organized and prepared his six missing tax returns. Once the IRS processed all the tax returns a reasonable payment plan was negotiated based upon his financial capabilities. For him, this was $650 per month.

File Back Taxes Mesa

Don’t be afraid to make the first phone call. Call and speak with Scott Allen EA today. He will help you file back taxes Mesa and get the IRS off your back.  He will represent you as your Power of Attorney between you and the IRS from start to finish. Now is the time to get you compliant!

BACK TAX RETURNS, Unfiled Tax Returns
0
Regular Post
Written by Scott Allen

We are Mesa Arizona’s Top IRS Problem Solvers for IRS Substitute for Return (SFR)

What to do if the IRS files a Substitute for Return filing

If you fail to file, it is only a matter of time before the IRS will file a Substitute for Return.  This is the IRS method of assessing a tax so that they can collect from your wages or bank accounts even though you have not filed a return.  The IRS can levy your wages or garnish your bank account even if you would not have owed on a return had you filed it on time.

As you would guess the IRS prepares the return in the most negative way possible.  Not because they want to punish you, but because they don’t know what your filing status is or number of dependents and deductions or expenses you are entitled too.

The good news is that the IRS will allow you to file a correct (or original) return to reduce the liability.  The bad news is that if your correct return shows a refund and it is more than three years delinquent, the IRS will not pay you the refund or allow you to use it against other IRS tax debts owed on other years.  The IRS will not allow you to discharge taxes in bankruptcy on a tax return filed as a Substitute for Return either.

Contacting  Tax Debt Advisors, Inc. of Arizona if you have back tax returns to file gives you the best chance of getting the best settlement possible with the IRS.  Tax Debt Advisors, Inc in Arizona  has resolved over 113,000 IRS tax debts.  Call  today to schedule a free initial consultation at 480-926-9300.  Now is the time to act and Scott Allen E.A. is the right choice.

Scott Allen EA was able to assist Daniel in protesting the IRS Substitute for Return filings they did for him on some back tax returns. After getting the tax liability as low as possible Scott negotiated a low monthly payment of only $85/month. See the IRS approval notice below.

IRS Substitute For Return

 

BACK TAX RETURNS, IRS Problems, Unfiled Tax Returns
0
Regular Post
Written by Scott Allen

We are Mesa Arizona’s Top IRS Problems Solvers to Minimize IRS Tax Debt on Back Taxes

Mesa Arizona’s Top IRS Problem Solvers

If you have not filed for several years it is likely the IRS has filed Substitute for Returns better known as SFR’s.  To minimize the IRS tax debt it is imperative that you file a correct return within three years of the due date or you will lose any refund.

The reason that a correct return will minimize the IRS tax debt is that the IRS is unaware of what you are entitled to deduct on your return.  This would include but is not limited to the following:

• Filing status
• Number of dependents
• Mortgage interest and property taxes on your home.
• Auto license fees
• Medical expenses
• Charitable donations
• Cost basis of any stock sales
• Business expenses

Contact Scott Allen E.A. if you have delinquent tax returns as soon as possible.  Now is the time to act and Scott Allen E.A. is the right choice.  Tax Debt Advisors, Inc. offers a free initial consultation for Arizona taxpayers. Meet personally with him by calling 480-926-9300.

Debbie was a taxpayer who met with Tax Debt Advisor’s Inc – Mesa Arizona’s top IRS problem solvers. They were able to get the old and newer IRS debt negotiated into a currently not collectible status (CNC). Her debts from 2008 & 2009 will expire soon so it is just a matter to letting the clock run out on those. With her CNC status the IRS cannot pursue any collection activity against her. Job well done! (see notice below)

Mesa Arizona’s Top IRS Problem Solvers

 

BACK TAX RETURNS, IRS Problems, Unfiled Tax Returns
1
Regular Post
Written by Scott Allen

Tax Debt Advisors, Inc.—How do I file tax returns when I have lost my records?

File tax returns in Chandler AZ

It is not uncommon for Chandler AZ clients who have not filed for several years to have lost records due to moving, or a flood or a break in, or other reasons.  All is not lost if you have lost your records.  Tax Debt Advisors, Inc. (near Chandler AZ) will be able to get all of your records that have been reported to the IRS.  Once you know your income items then you have a good idea of where to start with your deductions.  Some deductions such as home mortgage interest deductions are reported to the IRS.  Bank records can be searched on line or ordered if necessary.  Many deductions can be substantiated as a natural cost of doing business—i.e. fuel if you are a truck driver.

If you have tax returns from prior years that need to be filed and your records are lost or incomplete, you need professional assistance from Scott Allen E.A. of Tax Debt Advisors, Inc.  Tax Debt Advisors, Inc. offers a free consultation and can be reached at 480-926-9300. Often times it is best to not fight the IRS alone and to go in with proper experienced representation.

Melissa is someone who hired Scott as her Power of Attorney to file her tax returns in Chandler AZ. A few of her tax years were already filed but were filed incorrectly misreporting income. Because of this error, the IRS initiated an audit and assessed her over $10,000 in additional taxes owed. Scott Allen E.A. was able to research the matter and advised her of preparing an amended tax return in protest to what the IRS did.  They did just that and as you can see from the approval notice below that it reduced what she owes the IRS by $5,000. After getting this all corrected for her they are now negotiating her IRS debt into one low payment plan settlement.

Tax Debt Advisors, Inc. – file tax returns

BACK TAX RETURNS, IRS Problems, Unfiled Tax Returns
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