I represent companies and individuals in St.Louis, surrounding areas and the state of Missouri who have IRS and State tax problems that include unfiled tax returns and past due taxes. If you have unfiled returns and don't know what to do when you don't have the money file the returns regardless. Unfiled returns are the first thing you must do to get into compliance
Penalites for non- filiers and stop filiers are 5% a month up to 25% maximum. Note that there potential criminal penalties for failure to file. If criminally proscuted the IRS has over a 90% success rate.
Once the returns are filed the IRS will process them then assess the balance to determine the total amount due. Once that is determined various payment options are available to get individuals and businesses into compliance. As part of being in compliance your withholding thru your job if you are a W2 must be correct and if self employed estimated payments are a requirement. The IRS will not negoitate any arrangment unless your withholding as required.
Various options to resolve your IRS Problems are monthly payment plans, being placed in a non collectable status and offers in compromise.
If you or someone else you know are having IRS or State issues with unfiled returns and unpaid taxes please feel free to contact me at 636-397 2759 or toll -free at 888-490-9744.
Steve Shapiro, EA
Arch Tax Resolution
620 S. Benton Ave.
St. Charles, MO 63301