Art Bradham CPA PC
Past Due & Un-filed Returns
Delinquent tax returns – Bringing a taxpayer
into current compliance is a task that requires
skill and a whole different set of IRS knowledge
than preparing current period returns. There are
many elections that are available for a currently
filed return that are not available for a
delinquent return. Knowledge of the long term
impacts of various positions on a delinquent
return can have major impact on the ultimate
tax owed. What positions will have the returns
accepted as filed, and what positions will
guarantee examination? What about Fifth
Amendment issues? What do you do when you
just don’t have any records?
I’ve successfully faced the unique issues facing
a taxpayer with past due returns many times.