Streamline Your Taxes: Online Federal Income Tax Return Preparation Services

Filing your federal income tax return doesn’t have to be stressful. Ergedine Pericles, CPA, P.A. simplifies the process, ensuring your return is filed accurately and on time. We maximize your deductions and credits to get you the biggest possible refund or pay only what you owe.

Key Benefits

• Effortless Filing: Our experts handle all the complexities, so you can focus on what matters most.
• Maximize Your Deductions & Credit: Our in-depth tax knowledge ensures you claim every deduction and credit you deserve.
• Status Update: Get automatic updates on the progress of your tax return within your portal.
• Accurate & Timely: Get real-time confirmation and records of when returns are submitted, whether filed electronically or via postal service mail.
• Dedicated Support: Get professional guidance throughout the process.

Unfiled Tax Returns? We Can Help!

Don’t let unfiled taxes cause you anxiety. We can help you catch up with the IRS and get you back on track.

How Far Back Can The IRS Go For Unfiled Taxes?

• General Rule: To be in compliance “good standing” with the IRS, generally six (6) years of back tax returns need to be filed.
• Managerial Approval: Required for additional years (IRS Policy Statement 5-133 (P-5-133), IRM 1.2.14.1.18, Delinquent returns—enforcement of filing requirements).
• Best Practice: File returns timely to avoid IRS scrutiny beyond six years

Negative Effects of Not Filing a Tax Return

• Failure to File and Failure to Pay Penalty
  • If you owe the IRS but fail to file a tax return by the due date or extension date, the IRS will assess a Failure to File Penalty and Failure to pay Penalty plus interest for those unfiled tax years.

• Potential Loss of Refund – Refund Statute Expiration Date (RSED)
  • Refund Statute Expiration Date (RSED) is how long the taxpayer has to file a claim for credit or refund for a specific tax year.
  • You, the taxpayer, must file a claim for a credit or refund within three (3) years from the date you filed your original tax return or two (2) years from the date you paid the tax, whichever is later. If a claim is not filed within this time, you forfeit the credit or refund.

How far can the IRS go back to Audit filed tax returns?

• Standard Statute of Limitation on Filed Returns (3 years)
  • Assessment Statute Expiration Date (ASED): The IRS has three (3) years to assess a filed return for additional taxes.
  • After-expiration: The IRS cannot audit the return.
• Extended Statute for Underreported Income (6 years)
  • If more than 25% of gross income was not reported, ASED increases to six (6) years.
• Indefinite Statute for Fraudulent Returns
  • • If a false or fraudulent return with intent to evade tax is filed, the statute of limitation is indefinite.
    • The IRS can assess the return at any time.

   

  When Are Taxes Due?

  • • • • • • • Individual Income Tax Returns (Form 1040)
                • Calendar Year: April 15th / Extension: October 15th
                • Fiscal Year: 15th day of the fourth (4th) month / Extension: 15th day of additional 6 months
              • Pass-through Entities (S Corporation (Form 1120S) & Partnerships (Form 1065))
                • Calendar Year: March 15th / Extension: September 15th
                • Fiscal Year: 15th day of the third (3rd) month / Extension: 15th day of additional 6 months
              • C-Corporation (Form 1120)
                • Calendar Year: April 15th / Extension: October 15th
                • Fiscal Year: 15th day of the fourth (4th) month / Extension: 15th day of additional 6 months
              • Exempt Organization (Form 990)
                • Calendar Year: May 15th / Extension: November 15th
                • Fiscal Year: 15th day of the fifth (5th) month / Extension: 15th day of additional 6 months

  How Many Years Back Can You E-File?

  • • • • • • • The IRS allows electronic filing for the current due tax year and two prior years. For older unfiled tax years, paper filing is necessary.

  Take Control of Your Taxes Today!

  It is crucial that you file your return timely, even if you are unable to pay the liabilities due, so your IRS time clock starts and stops at the appropriate time. Whether it is one (1) or six (6) years of unfiled tax returns, we can help you catch up with the IRS and get back on track. Don’t wait until the last minute. Schedule a consultation and let us handle your tax filing efficiently and accurately.