Unfiled Tax Returns Attorney in Tampa
What Happens When You Don’t Pay Your Taxes?
When U.S. taxpayers don’t file their tax returns by their due date – that is, April 15 unless extensions are granted – the IRS may decide to impose a failure-to-file penalty against them.
For each month your tax return isn’t filed, you can typically expect a penalty of around 5 percent of your tax bill to be applied. Such a penalty can continue to accrue until it reached 25 percent of your unpaid taxes.
What Are Acceptable Reasons for Filing a Late Tax Return?
For some, unfiled tax return penalties are an extra burden they can’t afford. At the Law Offices of Darrin T. Mish, P.A., we know there are good reasons why you didn’t file your taxes on time.
The IRS accepts certain reasons filing a late tax return, including:
- Serious illness (including COVID-19)
- Natural disasters
- Simply being unable to do so despite good faith efforts
Problems like being unable to afford your tax bill or simply forgetting to file on time are not.
Forget to File Your Taxes?
Every tax season is a stressful time. Did you forget to file your taxes by the deadline? Unsure of the consequences or next steps? According to the IRS, if your return wasn’t turned in by the deadline or your extension; the following may happen:
- You may have to pay the failure-to-file penalty if you don’t have an urgent excuse
- The IRS may approve an extension to filling; you must fill out a extension application by April 15th or pay the fine
- You may be charge interest on the taxes not paid by the original due date; regardless of your approved extension or not
- There is no penalty for failure to file if you are to get a refund for your tax returns. However, you risk loosing the refund if you miss the deadline
We understand that forgetting to file your taxes is a stressful and frustrating time. The Tampa tax attorney at The Law Offices of Darrin T. Mish, P.A. is here to help. We have experience dealing with unfiled taxes and will work with you to figure out your options. Call us today.
If you find yourself facing a failure-to-file penalty from the IRS, reach out to an unfiled tax returns attorney in Tampa at the Law Offices of Darrin T. Mish, P.A. for help. Contact us online or call (813) 295-7648 to get the legal support you need!
If you believe you had a good cause for failing to file your tax return on time, reach out to the Law Offices of Darrin T. Mish, P.A. for help. We can help you interface with the IRS and make important decisions that may be able to mitigate what you owe in penalties for an unfiled tax return.
Take advantage of a free consultation with our unfiled tax returns attorney in Tampa to tell us about your situation and learn how we can help. Results will vary for each client, but we’ll work with you on a personal level to develop a unique strategy that can help you get the best possible outcome.
My initial meeting with Darrin was reassuring, hopeful and non-judgmental.- MCM
The peace of mind alone, was worth it!- CC
We left our first meeting feeling like there was hope!- GB
I could tell right away that I went to the right person!- SC
Everyone including Attorney Mish is respectful and helpful!- RK E.