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If you’ve missed one or more tax filings, you might worry that it’s too late to fix. The truth? You’re not alone — and with the right help, it’s never too late to make things right with the IRS. What Happens When You Don’t File If you don’t file, the IRS will eventually file a Substitute for Return (SFR) for you, based only on your reported income. Because it excludes…
If you’ve been dealing with tax debt for years, you may be closer to the finish line than you think. By law, the IRS generally has 10 years from the date your taxes are assessed to collect. This time frame is known as the Collection Statute Expiration Date (CSED). When the 10-Year Clock Starts The clock starts when the IRS officially records your tax liability — usually…
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