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How to File BACK TAXES, Avoid PENALTIES, and Get Your Life Back! скачать в хорошем качестве

How to File BACK TAXES, Avoid PENALTIES, and Get Your Life Back! 3 года назад

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How to File BACK TAXES, Avoid PENALTIES, and Get Your Life Back!

➡️ Request your FREE unfiled tax returns consultation at https://choicetaxrelief.com/free-tax-... Today I am talking about filing previous years' taxes, also known as back taxes. I tell you how to file your back taxes step-by-step, how many years back you can (and possibly should) file your back taxes, and more! There are many consequences to not filing your tax return, and it's generally in your best interest to file your back taxes as soon as possible. You should also be aware of the interest and penalties that accrue on back taxes because they can be significant, especially the penalties. Thankfully, in this video, I cover how the penalties are calculated and how you can possibly get rid of them. And even if you don't owe taxes, you still want to file to secure your previous year's tax refund. If you're wondering how many years back you can get a tax refund, I cover that too. ➡️ Email [email protected] to get help with filing your back tax returns! ⬇️ More Tax Relief Videos: My Offer in Compromise Basics Video:    • Offer in Compromise 2025: How to Qualify a...   My Offer in Compromise Formula Video:    • Offer in Compromise Guidelines + Formula: ...   ⬇️ Other Resources: IRS Audit Technique Guides: https://www.irs.gov/businesses/small-... IRS Failure-to-File Penalty: https://www.irs.gov/payments/failure-... IRS Policy Statement 5-133: https://www.irs.gov/irm/part1/irm_01-... IRS Transcripts: https://www.irs.gov/individuals/get-t... Bauer v. Commissioner: https://www.leagle.com/decision/intco... Bizminer: https://www.bizminer.com/ Bizstats: http://bizstats.com/ Table of Contents: 0:00 How to File Your Back Taxes 0:56 Why People Get Behind on Their Taxes 2:08 The Snowball Effect on Back Taxes 2:28 IRS Notices CP59, CP515, CP516, and CP518 3:08 You Need to Deal With This 4:10 Consequences of Not Filing Your Tax Returns 4:29 IRS Failure-to-File Penalty 5:13 IRS Failure-to-Pay Penalty 6:10 Interest Accrual on Back Taxes 6:49 Loss of Refund (How Many Years Back Can I Get a Tax Refund?) 8:20 Inability to Get a Loan 8:36 Inability to Get Student Aid 8:43 Loss or Delay of Stimulus and Other Forms of Government Aid 8:57 Loss of Immigration Status 9:10 Loss of Future Social Security Benefits 9:25 IRS Substitute for Return (BAD NEWS) 12:04 Reasons Why You Don't Want the IRS to Prepare Your Return For You 14:07 How Do You Actually File Back Taxes? 14:29 How Many Years of Back Taxes Do You Have to File? 15:13 Step 1: Figure Out What Returns You Need to File 15:26 Step 2: Determine the Order in Which You Should Prepare Your Returns 17:59 Step 3: Gather Tax Forms and IRS Transcripts 19:25 Step 4: Reconstruct Your Information 24:10 Step 5: Prepare and File Your Returns 26:45 Penalty Abatement 27:25 First-Time Penalty Relief 28:02 Penalty Relief for Reasonable Cause #tax #taxes #backtaxes

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