Unfiled Tax Returns
You are not alone! In our experience, we have helped other conscientious business owners like you who have fallen behind on filing their federal income tax returns? Often times, we’ve seen that taxpayers first fail to file a return in a year when their circumstances changed or when the business is having cash flow problems. For either emotional or financial reasons (or a combination of both), they were unable to file a return. The reason might even be procrastination, or the fault of the tax preparer. Whatever the reason, it only got worse the following year when they worried if:
- filing would call attention to their situation?
- they could get the forms needed to prepare the earlier return?
- they couldn’t find the records needed to file a return
- they could afford paying the taxes due in previous years?
At Effectur, we understand that filing your tax returns will allow you to do more with your business' financial future. On the other hand, not filing for an extended period of time could jeopardize the future viability of your business. The information in your return is often used by others to:
Provide business loans
Extend credit of financing for a home
Apply for Financial Aid for college
Calculate your social security benefits
Calculate your compensation in the event you need to file for unemployment insurance.
Let our experts evaluate your filing situation and help you map out a plan to get back in compliance. Just fill out the form to the right or call us at 1-800-834-7214.