Unfiled Return Completion

The IRS Would Love to Take Care of Your Unfiled Tax Returns For You…
Does This Sound Like a Good Plan?
Tax interest and penalties add up lightning fast. If you didn’t file a tax return because you didn’t have the money to pay what was owed, or you filed but simply didn’t pay, you’ve gotten yourself into quite a predicament. And the more you let this situation go, the more likely you are going to pay for it and pay for it big.

NOT filing your tax returns is a criminal offense.

Punishment for not filing tax returns can be as severe as one year jail time for every year your taxes go unfiled. Don’t think you can continue to get away with it. As the computer system at the IRS gets more complex and sophisticated, the chances of you getting flagged and caught increase exponentially.

But here’s what you can do…

First, let us help you comply with the law. By taking the initiative and filing your tax returns, you can still take advantage of the deductions and allowances due to you. Yes, you are still going to owe taxes, and likely penalties and interest, as well, but if you wait for the IRS to take care of your problem for you, they are going to do so in the best interest of the government with little thought or interest in your bottom line.

By voluntarily filing all delinquent returns, you will save yourself further problems, and we can help you do that.

Once your returns are current, we can look at your total owed and help you create a plan of action to remedy the situation.

Let Us Help:

 

Supporting New York/New Jersey Metro Charities? How 2026 OBBBA Charitable Giving Contributions Work

 Quick Answer: Effective for the 2026 tax year, the One Big Beautiful Bill Act (OBBBA) establishes a new universal deduction allowing non-itemizers to deduct up to $1,000 ($2,000 for married couples) for qualified cash donations directly from their income. And...

Calculating Crypto Taxes Simplified For New York/New Jersey Metro Investors

Quick Answer: Crypto taxes are calculated by subtracting your cost basis from your gross proceeds for each taxable sale, swap, or purchase made with cryptocurrency. The IRS treats crypto as property, so selling crypto, trading one token for another, or earning...

How the Secure 2.0 Act Changes Beneficiary IRS Tax Rules For Your New York/New Jersey Metro Heirs

Quick Answer: Under the SECURE 2.0 beneficiary IRA tax rules, most non-spouse heirs must fully liquidate an inherited IRA within 10 years, with many also facing mandatory annual required minimum distributions (RMDs) if you pass away after age 73. Because the...

Who Can Claim the American Opportunity Tax Credit? Guidance for New York/New Jersey Metro Parents

Quick Answer: The American Opportunity Tax Credit (AOTC) must be claimed by whoever legally lists the student as a dependent on their federal tax return. If a parent claims the undergraduate, the parent gets the credit; if the student is independent, they claim...

Do You Get Better Tax Breaks For Being Married, New York/New Jersey Metro Couples?

Key TakeawaysMost married couples lower their tax liability by choosing the Married Filing Jointly status, which preserves access to deductions that separate filers lose. When there is a significant income gap between partners, combining earnings on a joint...

2026 Guide to Short-Term Rental Taxes for New York/New Jersey Metro Airbnb & VRBO Hosts

Key TakeawaysYou do not have to pay federal income tax on rental earnings if you rent your home for 14 days or fewer per year and use it personally for more than 14 days (or 10% of the rental period). You will only receive a Form 1099-K if you exceed $20,000 in...

Do You Have to Pay Taxes On Sports Betting? What New York/New Jersey Metro Bettors Need To Know

Key TakeawaysThe IRS considers all sports betting payouts as ordinary income, regardless of the amount or whether you received a tax form. For the 2026 tax year, you can only deduct 90% of your gambling losses against your winnings, even if you ended the year...

The New York/New Jersey Metro Taxpayer’s Guide: How Do I Calculate My Federal Tax Withholding?

Key TakeawaysA large refund is an interest-free loan to the government, while a big bill suggests you are at risk for IRS underpayment penalties. Updating your Form W-4 by late April allows you to spread adjustments across the majority of the year, minimizing the...

How Does Self-Employment Tax Work For New York/New Jersey Metro Taxpayers Leaving Their 9-to-5?

Key TakeawaysAs a W-2 employee, you pay half of Social Security and Medicare tax through withholding. As a self-employed taxpayer, you pay both halves through self-employment tax. Self-employment tax is 15.3% of your adjusted net earnings, and you also pay...

Your Tax Pro’s Guide To Spring Cleaning Your Tax Reduction Strategy

Key Takeaways Use your 2025 return as a diagnostic tool to calculate your real tax percentage and identify specific areas for AGI reduction. Use the post-tax season window to calibrate your withholding or estimated payments. IRS limits have increased for 401(k)s...

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