Non-filed tax returns incur hefty penalties for Baltimore individuals and business owners
The first step to rectifying a tax file involves the professional preparation of all unfiled returns, a knowledgeable assessment of all payments and penalties owed, and the implementation of Team Based Tax Services strategies to relieve or reduce tax liability.
Delaying the handling of your non-filed taxes will result in the IRS filing on your behalf with little or no consideration for deductions to which you are rightfully entitled. Managing your own unfiled returns is not recommended in cases of tax delinquency. The successful resolution of tax arrears requires professional guidance and representation. When weighed against the potential loss of time, income, or more serious financial loss, enlisting the skillful leadership of Team Based Tax Services provides actual savings in the long run.