The Common Queries About Unfiled Tax Returns
It is not surprising to find out that some people don’t pay taxes to the government however what’s surprising is the fact that they have been doing this for a long time already with some of them are not paying their taxes for more than a year. What about those people who have never ever paid their dues to the tax collectors? So many wonder about what will be the statute of limitations for unfiled tax returns. If there are some crimes who have their existing statute of limitations then is it possible that our government will allow this similar limitations for people who have never paid their taxes ever since or to people who have paid their taxes before and then stop paying it. There might be some people that are still not sure about the amount they have to pay in the government after they have gone bankrupt. Just because they have skipped paying their dues to the government for a long time, people are not that courageous enough because of fear that they will go to jail.
The taxes we file in the government and the common questions we might ask the bureau will be answered within this article.
1. Is it possible for me to pay my tax returns only for this year and those years wherein I failed to file my tax returns will be disregarded?
There would e no other options aside from paying once the tax bureau have an existing substitute filed return for you but in any case, hiring a tax return attorney can also make your payments negotiable.
What if I don’t have enough money to pay for my taxes then, can I skip paying it for now?
No other options but to file since if you don’t and when the IRS will know about it, you can be considered as a criminal and may spend more time in jail. Reasonable Collection Potential (RCP) can help you pay less amount of money for your dues and the perfect time to do it is when you don’t have enough money to pay for your taxes.
If I have some unpaid debts in the IRS, will they still allow me to get or renew my passport?
There’s no such rule to prohibit you from getting your passport however your passport can be nullified once you made some questionable transactions with the tax bureau or you were not able to follow every rules. So in order for you to have your passport valid again, try to pay your dues and other requirements first.
So what are you waiting for?