Paul S Ham's Answers

What is the best way to clean up potential tax evasion issue with IRS

Mr. Williams has addressed the issue of filing both the corporate and individual tax returns. Depending on the facts surrounding your case, you may be able to negotiate with the IRS applicable taxes, penalties and interest. In your situation, criminal prosecution seems remote. However, the IRS does have a Voluntary Disclosure program. Under that program, if you are currently not under any investigation or audit, the IRS has a policy (although it is not binding) of not referring the matter...

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Is the IRS required to provide a tax refund if income taxes were filed late

If I understand your question properly, the IRS had denied your claim for refund based on its determination that the statute of limitations for claiming a refund under Section 6511 of the IRC has passed. If the IRS determination is correct, it would be difficult to challenge. One method is to claim that you should be applied an exception to the statute of limitations because you were financially disabled, which led you to make your claim for refund late. However, all of the facts and...

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Is the IRS required to provide a tax refund if income taxes were filed late

If I understand your question properly, the IRS had denied your claim for refund based on its determination that the statute of limitations for claiming a refund under Section 6511 of the IRC has passed. If the IRS determination is correct, it would be difficult to challenge. One method is to claim that you should be applied an exception to the statute of limitations because you were financially disabled, which led you to make your claim for refund late. However, all of the facts and...

1 lawyer agreed with this answer