• Home
  • Magazine
    • Where to Find Us
    • About Us
    • Contact Us
  • Archives
  • The Team
  • Media Kit
  • Blog
  • Aroundabout Local Media
  • Subscribe

TowneLaker

Your Community. Your Magazine.

  • Readers’ Choice 2023
    • Readers’ Choice Promotional Media Kit & Free Downloadables
    • 2022 Readers’ Choice Winners
  • Best for Bridal 2023
    • Best for Bridal Promotional Opportunites
  • Calendar
  • Share with Us
    • Submit Photos
    • Submit Events
    • Lost & Found Pets
  • Advertise with Us
    • Ad Testimonial Form
  • Get Connected
    • Community Phone Numbers
    • Clubs and Organizations
    • Community of Faith
    • Schools

facebook instagram

Struggling With Tax Problems?

September 20, 2022

Do you or your company need to catch up on the required filing of income tax returns to the U.S. Treasury or the Georgia Department of Revenue?

For peace of mind, reach out to a trusted tax professional, specializing in unfiled returns. If you have a tax liability, a tax professional can represent you to tax authorities and negotiate the best available settlement.

As we approach the extended deadline to file 2021 income tax returns, here are three facts to keep in mind about unfiled returns:

  1. Generally, the IRS only requires you to file the most recent six years of returns, 2016 to 2021 this year.
  2. The IRS will not consider a repayment plan for prior years’ taxes unless all required returns have been filed.
  3. The collection statute of limitations does not begin until a return is filed and assessed.

Don’t ignore unfiled taxes.
The IRS can file your return for you and send you the bill. Usually, the tax will be greater than it would have been had you filed it yourself.
If you are due a refund, you must file within three years of the original return’s due date, or the IRS can keep your money.

Technology helps find nonfilers.
Once again, the IRS is using software to find nonfilers. Enforcement labor shortages will dictate more of its usage in the foreseeable future.
The IRS shut down much of its collection arm again early this year. For the rest of this year, a dramatic return to collection enforcement and many mailed tax notices are expected.

Don’t go it alone.
If you’re worried about going it alone, a tax professional can help you navigate a confusing maze of laws and protect your appeal rights after returns have been filed and assessed.

– CPA Denson Pepper is your neighbor, with 30-plus years of IRS experience. He is an expert at helping people resolve their income tax problems. 678-797-5241.

Filed Under: Blog, Home Blog

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Read Our Most Recent Issue

Sign up to receive a digital copy of this magazine

See our other titles

Around Cherokee: The Story of our County & Its Cities

Blog

How John J.A. Sharp Left an Education Legacy

Everyday Angels

Annual Retreat Moves County Forward

Rob’s Rescues

4 Ways for Students to Avoid Procrastination

© Copyright 2023 TowneLaker