Tax Law (Questions About Taxes)/Delinquent taxes

Advertisement

Expert: Mike Wellman - 9/29/2009


Question
We did not file our federal taxes this year as we did not have the money and thought you could only get an extension if you paid an approximate amount.  What is our best steps to rectify and whom should we seek out for assistance.  We still don't have much money and would likely have to go on a payment plan with IRS.  Thanks for any information you can provide.

Answer
You simply need to file the return and get into an agreement to pay the tax due. You can file Form 9465 with the return to request an agreement or you can file and wait for the bill and call the number on it. I can assist you in filing and getting into an agreement that you can afford.

Tax Law (Questions About Taxes)

All Answers

Answers by Expert:

Ask Experts

Volunteer

Mike Wellman

Expertise

I was a former Manager with Price Waterhouse, now PricewaterhouseCoopers, the largest accounting firm in the world. I have had clients in almost every industry and of every size. I will only answer questions dealing with IRS problems such as delinquent tax returns, Offers in Compromise (Tax Settlement), IRS collection matters including installment agreements, liens, levies, seizures, audits, appeals, innocent spouse claims and injured spouse claims. All other will be rejected as "outside my expertise". Visit http://www.irsos.com for information on IRS problems.

Experience

Over 25 years experience in taxation specializing in IRS collections, examinations and appeals.

Publications
New York Times, Wall Street Journal, Your Money.

Education/Credentials
BBA, Baylor University.

Awards and Honors
IRSOS.com won the Knowledgeweb award for educational excellence for content.

©2012 About.com, a part of The New York Times Company. All rights reserved.