Oftentimes, whenever someone has unpaid taxes it starts a terrible cycle where they continue not to file their taxes out of fear of drawing attention to themselves by suddenly showing up on the IRS’s radar with a new filing.
Do not fall victim to this trap, instead contact Enrolled Agent, Sandra King to help guide you through this process. Keep these tips in mind while going through the process of catching up on your unpaid taxes:
Contact Them Before They Contact You
People underestimate how beneficial contacting the IRS can be in a situation like this. If you are cooperating and trying to take care of your taxes, they will cooperate with you. Of course, an advantage to working with Enrolled Agent, Sandra King is that you do not have to directly contact the IRS on your own. Instead your tax agent will handle this process for you.
It is Okay If You Do Not Have Every Record
Again, the IRS can help! You or your tax agent can contact the IRS and ask for a copy of all of your important tax forms filed by a third party. This mean, every W2, 1099, K-1, AND 1098 over the last ten years will be available to you for filling.
Penalties May Be Waived
Another advantage to working with Enrolled Agent, Sandra King is because if you have not paid your taxes in years there is a good chance you will have penalties and fees for not paying. Sandra King can help to eliminate or reduce these penalties, lowering your overall tax costs.
Slow and Steady Wins The Race
Take your tax filings step-by-step. Do not get overwhelmed, it is better to face these things head on and do it little by little. Working with a tax professional will help to ease the stress and eliminate errors in your process.
Sandra King Enrolled Agent
Sandra King is an enrolled agent, empowered by The United States Treasury to prepare your personal or business tax filing. While her services are offered nationwide, Sandra King locally serves the greater Dallas-Fort Worth area, including but not limited to Arlington, Bedford, Colleyville, Euless, Fort Worth, Grand Prairie, Hurst, Mansfield, North Richland Hills, and Richland Hills.