unfiled
tax returns
Handling Complex Situations
Have you gotten behind on filing your federal and/or state tax returns? Don’t wait. If you delay filing for too long, the IRS can create a Substitute For Return (SFR) for you for the unfiled years so that they can assess tax.
The bad news is that the SFR usually calculates more tax than is actually owed.
Even worse, the IRS’s ten-year Collection Statute Expiration Date (CSED) doesn’t start with an SFR. An actual tax return must be filed, or else the IRS can collect on that tax FOREVER. And don’t forget the crushing penalties and interest…those continue to add up on unfiled returns.
Understanding Complex Tax Laws
Enrolled Agents possess deep knowledge of the tax code and regulations. We are trained to interpret and apply these laws accurately to your specific situation. This is crucial for ensuring compliance and maximizing potential tax breaks.
Transcript Collection
Many taxpayers accidentally misplace important tax documents, especially when they are several years behind in filing. Fortunately, we are able to reconstruct much, if not all, of your income and potential deductions by requesting your IRS transcripts. When the transcripts are combined with our proprietary taxpayer questionnaire (crafted to catch credits and deductions), we are able to thoroughly reconstruct tax events from many years prior.
Staying Updated with Changes
Tax laws are constantly evolving. We stay current with these changes and have access to a comprehensive library of prior-year tax laws, thus ensuring that your returns are prepared according to the rules and regulations pertinent to each tax year. This is particularly important given the complexity and fluidity of tax credits and deductions, which often undergo multiple legislative changes over the years.
Handling Complex Situations
If your tax situation involves complexities such as multiple income sources, business ownership, cryptocurrency, or foreign income, we can navigate these intricacies efficiently through our technology and thorough processes. This is particularly important for ensuring compliance with detailed reporting requirements and maximizing allowable deductions.
Reducing Your Personal Burden
Dealing with unfiled tax returns can be stressful and time-consuming. Hiring a professional from Sunshine Tax Relief allows you to delegate this burden, giving you peace of mind that your tax matters are being handled competently.
Remember, the problems created by unfiled tax returns do not go away on their own. However, you don’t have to handle this burden alone. The pros at Sunshine Tax Relief are here to help!
Say goodnight to tax problems
Our Featured Services
Discover the full range of services we offer to help you say goodnight to tax problems and keep your finances running smoothly. From expert tax relief to organized bookkeeping, we’re here to support your business every step of the way.
Bookkeeping
Stay organized and informaed with clear, accurate bookkeeping to support your business growth.
Payroll
Reliable, on-time payroll processing so you can focus on leading your team.
Tax Prep/Advice
Struggling with IRS or state tax issues? We negotiate and resolve for peace of mind.
Crypto Tax Reporting
Understand your crypto gains and stay compliant with specialized crypto tax reporting services.
Tax Planning
Strategic tax planning to maximize deductions and keep more of what you earn.
Notary
Professional notary services for your business and personal document needs.
SUNSHINE TAX RELIEF: MORE THAN JUST TAX PREPARERS
Ready to get started?
At Sunshine Tax Relief, we’re here to simplify your tax concerns and give you the clarity and confidence you need. Whether you’re dealing with back taxes, need help navigating IRS notices, or just want peace of mind when it comes to your financial future, our team is ready to help. Just fill out the form, and a dedicated tax professional will reach out to walk you through the next steps and answer any questions you have.