- Gather your records: Collect ALL income statements (W2, 1099s etc) expense records, bank statements, and documents from missing years
2. Determine your filing requirements
Check what you were required to file in each year based on income thresholds and filing status.
- Prepare and file the Old Returns
Complete the tax returns for each unfiled year, starting with the oldest.
- Address any taxes owed
Overdue balance including penalties and interest. Consider payment options like an installment agreement or Offer in Compromise if you can’t pay in full.
- Respond to IRS notices
If the IRS has already filed a substitute report on your behalf you may need to file your own to correct inaccuracies.
- Plan for future compliance
Adjust withholding or make estimated tax payments to avoid future non-compliance.
Stay on top of tax deadlines moving forward. Feel free to contact us and book a session (visit our services page)
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