You filed the returns but could not pay what was owed, and told yourself you would catch up next year. Several years on, a notice arrives for three or four times the original amount.
Penalties and interest compound quickly. At that point there are two obvious options — write one large cheque covering the full amount with interest and penalties, or keep ignoring the letters while the balance grows.
There is a third. We resolve unpaid tax through several routes depending on what you owe and what you can realistically pay.
Where we usually start
Establishing what is actually owed, separating tax from penalty and interest.
Bringing any unfiled years current so the account stops accruing failure-to-file penalties.
Reviewing whether penalties can be abated for reasonable cause.
Arranging a payment route you can sustain rather than one that fails in month three.
Write to support@vtaxfiling.com describing the situation and a consultation with our tax specialist costs you nothing.
Back taxes owed costs you nothingIt is included with any return we prepare. Federal returns start at $35.Start your return