Having unfiled taxes when you owe the IRS money is a very serious situation. Unfiled taxes are the quickest way to get very large tax penalties and in some serious trouble. The IRS does have the power to enforce some very harsh punishments on individuals but it is not standard practice for them to do [...]

Each year that passes the IRS gets more and more efficient at catching non-filers. If you have gotten away with not filing a tax return in the past, don’t expect to in the future. Even if you missed the past few years, it is in your best interest to file those returns because the IRS [...]

Philadelphia proposes tax amnesty program in order to recoup back taxes owed by taxpayers. The program will be voted on by the city council sometime next week.

Have unfiled taxes returns? Ask yourself this question: haven’t you waited long enough? Remember, the longer you go without filing your taxes and dealing with past returns the more problems you are making for yourself. If you have not filed your taxes for several years here are some general guidelines to follow. It is recommended that you work with a tax professional if possible.