Thursday, August 30, 2012

Tax Preparation for Unfiled Tax Returns, and Substitute Returns


Tax Preparation is the key when you have unfiled taxes.  The IRS will send you notices in an effort to get you to file your return(s) and when you don’t respond they will prepare what they call a Substitute Return and regardless of what you say, this will become the amount that you will owe the IRS.

They can then garnish your wages, levy your bank account and require that you pay what the Substitute Return says you owe.

The ONLY way to change what the Substitute Return says is to file your OWN tax return.  This is when tax preparation becomes key.  Your tax return has to include all income which is in your tax file.  This is not the time for your tax return to say something different then what the IRS has on file.

Your tax preparation must match the income on file and can include the legal and reasonable deductions which you are entitled to.  This unique work does not require a high priced law firm.  What is needed is a tax preparation service which has extensive experience in filing and preparing past due tax returns.

You can contact http://taxeswilltravel.com now and view the fees for tax preparation on the home page.  The service is licensed, bonded and registered with the IRS and provides confidential online tax preparation
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