Filing taxes on time is complicated enough - if you've missed the deadline, you're probably concerned about filing late taxes. You can find professional Riverside tax help from one of the experienced accountantsbookkeepers at Paramount Tax. We will help you understand the possible penalties of filing late, how to minimize them and how to maximize your returns.
If you believe you will be behind in tax filing, you should request an extension. The IRS grants six month filing extensions, which gives you additional time to file but not to pay. Once the extension is granted, you must estimate how much you owe and pay that amount before the tax deadline. Any remaining funds can be paid once you file and any amount you overpaid will be returned to you.
IRS Resolutions and Tax Preparation in Riverside
Didn't request an extension? No need to worry. When you receive professional tax preparation in Riverside from Paramount Tax, you can rest assured that our accountantsbookkeepers will get your taxes filed and prevent any trouble with the IRS. We work closely with CPAsEAs that are experienced in IRS resolutions and we can solve any tax issue you are facing.
Late tax filing is a common mistake and sometimes individuals get years behind. If this is your case, we can help you prepare, file and set up payment plans to cancel out your dues. The IRS has various payment options and is willing to work with individuals that are active about resolving late tax issues. Our team will also help you prepare for next year's taxes so you can stay on track and avoid getting behind again.
Don't waste any more time stressing over late tax filing. Simply call Paramount Tax today to request an appointment with our tax preparation experts of Riverside.