6 Years of Unfiled Federal Income Tax Returns

Client owned a multi-million-dollar landscaping company that had not filed six years of federal income tax returns. The IRS filed substitute tax returns based off 1099-MISC forms submitted by third parties. The IRS did not deduct any business expenses, resulting in a substantial tax liability. DeWitt Law prepared and filed with the IRS all missing tax returns. Client’s tax liability was reduced by over $100,000.

Resolution of Unfiled Federal Income Tax Returns Resulting in Substitute Tax Returns

Taxpayer failed to file federal income tax returns for several years despite earning substantial self-employment income. The IRS filed substitutes for return (“SFR”) and a Notice of Deficiency, assessing tax. DeWitt Law represented the Taxpayer and challenged the tax assessment in U.S. Tax Court. The SFR returns were set aside and the IRS accepted reconstructed tax return filings. The SFR assessment was reversed and the Taxpayer paid the balance due…