(866) 573-3755
Free IRS Check-Up
100% Confidential & Risk-Free
Haven't Filed Taxes in 5, 10, or even 20 Years?
If years behind on filing taxes, we will get you caught up!
We can file all of your back taxes using IRS records.
If you haven't filed tax returns in 5, 10, or 20 years, I'm glad you found us! Colonial Tax is a small firm that has been doing things the old-fashioned way for the last 30 years. We never rely on scare tactics or high-pressure sales to generate business. We have a very simple process to get you back into good graces with the IRS, even if you lost your W-2s or misplaced your tax documents.
As licensed Tax Practitioners, we will conduct a FREE confidential IRS Check-Up and report back to you within 24 hours with an honest review what needs to be done to get you back into compliance with the IRS. It is always free and will never expose you to the IRS. We will confirm the exact years you need to file and you will NOT need to try and find all of your old tax documents. We can actually use IRS records to accurately prepare your unfiled tax returns and keep it extremely simple! We then provide a flat-fee quote to complete all work and you get peace of mind knowing this is going to be a lot easier than you thought!
*Every Consultation is handled personally by Rick and not a commissioned salesperson!
What You Will Receive in a Free Tax Consultation:
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Confirmation of what years you are REQUIRED to file.
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Prioritize the IRS rule: The IRS generally requires you to file the last 6 years of delinquent returns to be considered in good standing if haven't filed in many years.
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Make sure we can gather all past W-2's, 1099's and other tax records from IRS.
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Compute whether you will get a refund or owe taxes for each year.
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Peace of mind by clearing your record to stop the threat of IRS legal action.
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A CREDIBLE quote to complete work based on verified facts and clear data.
Remember: The IRS check-up is completely free and safe and will never expose you to the IRS.
Request a Free IRS
Tax Consultation and Confidential IRS Check-Up
Expect a Real Consultation...
NOT a High Pressure Sales Pitch!
Feel free to email Rick, if preferred:
Get Same-Day Response!
Call (866) 573-3755 or submit Request Form for Free Tax Consultation
100% Free. No Risk and No Obligation.
Get an honest quote to prepare necessary tax returns!
Why do we do all of this initial Work for Free?
The reason we conduct all of this work at no cost is so we can let you know exactly what needs to be done, what the cost will be to complete work, and what you can expect as an outcome. Without completing this preliminary work, we would just be guessing, which is really a terrible approach. You can have 100% confidence that your tax returns will be prepared properly to directly correlate with IRS records. This effectively removes any potential Accuracy-Related Penalties or audits resulting from underreporting of income, which is very important.
What is the process for Colonial Tax Consultants to prepare your old Tax Returns:
1. Discuss where you think you stand so we can get a sense of what is out there.
2. Perform a confidential check-up with the IRS to learn what years need to be filed for compliance.
3. Review all information and get a sense of whether there will Refunds or Balances owed.
4. Call you to explain all information so you know exactly what's going on and what needs to be done.
5. You decide how you wish to proceed and if you want our help in making sure it is all handled properly.
Let's take the time to effectively determine what needs to be done. From there, you can decide whether you want our help in getting everything resolved or or if you want to simply take the information we provide and handle it on your own.
Table of Contents for Filing Delinquent (Unfiled) Tax Returns (click to navigate):
Need to File W-2 Tax Returns but don't have W-2 records
Need to File 1099 [Self-Employed] Tax Returns
What Can I do if IRS Filed My Returns for Me [Substitute for Returns]?
If you haven't filed Tax Returns in 5-10 Years but don't have your W-2's:
If you are a W-2 EMPLOYEE and have not filed some old Tax Returns, Colonial Tax Consultants can make sure everything is handled properly so you aren't stuck wondering if you taking the proper steps.
If you need to file old Returns, we will perform a confidential check-up for you at NO CHARGE to confirm what years need to be filed and even obtain all of your tax documents (W-2's) for you. You will not have to try and dig through old records and hope you have everything. We will make sure all returns directly match IRS Records so you will never be hit with any accuracy-related penalties.
Once we get in and confirm what has been reported as income and determine what years we need to file for IRS Compliance, Colonial Tax Consultants will give you a quote to do this work so you can decide if you want our help in making sure it is all handled properly.
If you have not had enough taxes withheld from your pay that will result in balances owed, we will provide a full outline of all available options in properly resolving these balances so you can start getting some peace of mind with everything.
We will make sure you are ok even if you do owe some balances and be certain you are fully protected from any collection efforts.
Often times the IRS will hope you don’t file as they may have to issue you a Refund. However, it is always a good idea to file all returns to protect from identity theft issues and avoid someone filing a return on your behalf that can really create a lot of issues with the IRS. Besides, why let the IRS keep your money if you are owed a Refund?
If you are a 1099-EMPLOYEE, Please Read. When you receive 1099's, you are considered to be “self-employed” and the IRS will, essentially, tax you as a business. We highly recommend that you take advantage of our Free Consultation as the IRS is going to be much more aggressive with you than they will be with a W-2 employee. The IRS is aware you are not having taxes automatically withheld from your pay and they will actually file Substitute for Returns at the highest tax rate and without any expenses or deductions. This will inevitable result in very high balances that the IRS will start collecting against even though you really don’t owe as much as the IRS has assessed against you.
If you are a 1099-employee and have not filed some Returns, please reach out to Colonial Tax Consultants so we can see what has been reported as income, avoid any inflated balances, and make sure you are only held liable for any tax that may truly be owed. Once Returns are prepared, we will determine what can be done to resolve these pending balances so you never have to fear aggressive collections from the IRS.
If you have not paid sufficient tax on any years that are needing to be filed and there are going to be balances that are owed to the IRS, Colonial Tax Consultants will provide a full outline of all available options in properly resolving these balances so you can start getting some peace of mind with everything. You are only required to pay in back taxes whatever you show as an ability to pay without causing undue financial hardship. There is always recourse and we will find the solution that is most applicable to your tax situation. From there, you can decide if you want our help but you are never under an obligation to hire us just because we take the time to fully review your issues.
What can I do if the IRS or State has filed a Substitute For Return or Estimated Tax Return for me?
In most cases you can override the numbers that the government has come up with by requesting a reconsideration and providing a copy of the tax return with the figures that you believe are accurate. Generally, the IRS will allow you to do so, but a lot of states have time limits for filing the original return so you might be stuck with the figures they used. It is generally in your benefit to act quickly to correct their mistake rather than letter their assessment linger.
Due to the difficulty in filing old returns accurately and convincing the IRS/State to accept them, professional assistance is always recommended. At Colonial, we have tax software to prepare tax returns from as far back as 1998 and can prepare tax returns from earlier than that by hand.
Colonial Tax Consultants are experts in recreating these older returns using wage and income information provided to us directly by the IRS and then conducting an in-depth interview to ensure that every deduction is found and every tax advantage is taken.
We Keep This Process Nice and Easy
Many clients that come to us haven't filed tax returns 10+ years and have received notices from the IRS and simply don’t have the paperwork or tax documents to get everything caught up with the IRS.
Luckily, preparing past due tax returns is easier than you think and you have a few things working in your favor. First, Colonial Tax Consultants can protect from having to file ALL Missing Returns and can limit the requirement to only the last 7 years in order to confirm IRS Compliance. You probably don't have the records that you would need to prepare a tax return from further back than that, and neither does the IRS. So, even if you have not filed a tax return in 50 years, we will ensure you only have to file the most recent 7 tax years in order to have a clean bill of health with the IRS.
For the years that we do need to prepare a tax return, we can start by obtaining Wage and Income transcripts from the IRS. These transcripts show us all of the income that was reported to the IRS under your social security number and will include W-2's, Interest Income, 1099's, and all other tax documents that would have been issued to you for all tax periods in question.
These IRS tax documents will give us all the information we need to effectively prepare returns and prevent under-reporting of income or accuracy-related penalties. Obviously, we will also work with you to gather any additional deductions, expenses, and credits can be added to the return to improve your bottom line.
Colonial Tax Consultants has software archives that allow us to quickly prepare tax returns from as far back as Tax Year 2000, if ever needing to go back further than the 7-year look back window. Sometimes, if you have failed to file a Return, the IRS will prepare a Substitute for Return so they can start collecting against you. We may need to override these balances so you are not stuck having to pay more in tax than what you should really owe! This will all be figured out in our Free IRS Check-Up!
What happens if I don’t file my tax returns?
If the IRS and state do not receive a tax return for you their most likely response will be to file one for you. For the IRS this process is called filing a Substitute For Return or a 6020(b) return. Some people may refer to these as "Arbitrary Assessments".
The IRS has a lot of information reported to them by your employer, your bank, and your customers. They will use this information to determine your gross income and file a return for you. Since they are not aware of your filing status or any business or personal deductions you can take they will not give you credit for any of these. They essentially use the same Wage and Income transcripts that we would use, but they then assume you were single, had no deductions or expenses, and wanted to be taxed at the highest tax rate.
This will usually result in a return with a balance due substantially higher than what you actually owe (unless you really were single, had no deductions, and no business expenses -- in that case, sometimes their numbers are spot on). Whatever number the IRS comes up with will usually be shared with the State that you resided in, and the State will then prepare a return for you as well, setting off a chain reaction.
Similar processes are used for business returns including wage withholding and sales tax, although the government typically has far less information available to them. In the case of payroll taxes, the IRS and States will typically use records of W-2's that you filed or unemployment information you reported to reconstruct a tax return.
If none of these records are available, sometimes they'll just take their best guess at it using your prior history to estimate what you owed. Once they do that, it's up to you to correct their figures.
If you need past-due tax returns prepared, call Colonial Tax Consultants today for a free consultation. Every consultation that we do includes a confidential Check-Up with the IRS to review the status of your account. During that call we can determine which returns actually need to be filed, and we can order the transcripts needed to prepare those returns, all free of charge.
Your Next Steps
Give Colonial Tax Consultants a call at (866) 573-3755 today to talk to someone safe about your situation.
We can have a quick chat on the phone so I can answer your questions and see if there is any way we can help you.
If you'd rather, click here to request a free consultation.
There is no risk and no obligation. We can really simplify this entire process for you!