The IRS announced today that they have over $1 billion waiting for some million people who did not file a income tax return in 2008.
Costa Mesa, CA (PRWEB) March 07, 2012
The IRS announced today that they have over $1 billion waiting for some million people who did not file a income tax return in 2008. This amount is estimated to be refund amounts averaging at about $637 or more per American who did not file in 2008. They are allowing such persons until April 17, 2012, to complete these returns, the same deadline for 2011 tax returns to be filed. The IRS generally allows 3 years for a return to be filed, after such time any refund due for that year becomes their property and cannot be collected at a later date by the taxpayer. This year is the deadline for anyone who did not file in 2008. Many Americans do not file return for the main reason that they did not make very much money, even despite having the income made, taxed. Unbeknownst to many of these taxpayers, they still need to file a return, and can still receive a refund. The IRS is reminding taxpayers that a refund for 2008 may be null and void if 2009 and 2010 are also un-filed, so it is best to have all these returns prepared at the same time. http://www.irs.gov.
Tax resolution companies are key for Americans in this situation as a return for a past year cannot be e-filed. Many taxpayers find comfort in having professionals file past returns for them, to ensure their accuracy. With tax season in full force, now is the best time to have a professional prepare these returns and submit them on your behalf to the IRS, giving the taxpayer a refund in a timely manner and getting them into compliance. Having a return filed is easy and inexpensive, and worth it in the long run. Who wants to pass up money owed to them? With the deadline coming up, Ideal Tax Solution encourages those who have not obtained help in filing their past returns to do so. All years from 2008 and forward are still eligible to be returned with refunds.
About the company: Ideal Tax Solution, LLC is located in Costa Mesa, CA and provides tax negotiation services, preparation and is a collection defense specialist. Their Tax Attorneys, IRS Enrolled Agents, CPA's, Senior Tax Consultants have over 55 years of combined experience working to help American tax payers with the IRS and State Tax Agencies. Ideal Tax boasts an "A" rating with the Better Business Bureau earned through providing excellent services.