Martin Cantu, EA - Tax Consultant - Tax Relief Services Blog

Here are a couple of things not to do when confronted with an IRS issue: 1. Ignore all those certified letters . Certified letters are the IRS' way of slapping you in the face to get your attention. Continue to ignore those letters and you're sure to anger the IRS. If your looking for a levy or garnishment, then you're headed in the right direction.  2. My accountant/lawyer/spouse/ etc  is responsible for filing my returns . Responsibility for filing returns rests squarely on you - not your spouse, not you accountant, not your lawyer or anyone else. Blame has no role in solving your tax issue.  3. The IRS owes me money, so I won't file . Great strategy, until you realize that the limitations period will run and you will lose that refund. And you know the movie script here - you have several years of taxes due that could be wiped out by a refund you did not claim 6 years ago. Just like any 70's disaster movie you lose. You lose the refund and you owe th...

So why, Austin residents, should you worry about #unfiledtaxreturns? You've gotten by this long, so why worry? Lets run through the reasons: 1. A good nights sleep - believe it or not, so many clients tell me that they have not a good sleep as the years pass and they continue not to file returns. 2. The #IRS will address your situation - the difficult thing with the #IRS is to figure out their timeline. Sometimes its 5 years; sometimes 3; sometimes 8; either way they will catch up to you, on their schedule. 3. When they do, it will impact you like a stranger walking up to you on the street and slapping you on the face, hard - When they do catch up to you, the IRS will get your attention. #WageGarnishment is clearly the worst of the actions. It will get your attention - fast. #TaxParalysis prevents many Austin residents from getting past this issue. Call us today for a free phone consult about your situation, and what we can do to help you avoid the #IRS slap. Call Austi...