Did you fail filing your state or federal income tax returns? With each passing year, you are placing your long-term and immediate financial well-being in danger!
The IRS levies a penalty of 5% of the total tax due, and up to 25% of the total past-due tax bills for each month after you’ve crossed the deadline. If you fail to file a federal tax return in 60 days after the due date, a penalty of $135 or 100% of the due tax bill is imposed.
The big brother is watching!
The IRS will chase income tax evasion charges against you if you deliberately refuse to pay past-due taxes or file income tax returns. Non-filers face liens on their personal property from the internal revenue service and from states.
What happens if you don’t file a tax return?
Why risk losing your freedom for failing to file your returns?
If you see yourself in troubled waters, it’s best to hire a professional to handle your situation. At Fay Jamasbi, our tax specialists know the particulars of tax law and can negotiate with the government on your behalf to decrease interest charges and penalty, particularly if you failed to file returns for multiple years.
How we help?
We can help you file your tax return so that:
Call us now at (408)596-1787 to get free consultation with our tax pro!