Taxes

  • Posted by a hidden member.
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    Nov 20, 2007 5:15 PM GMT
    Any body out there that is an accountant that knows IRS rules etc that can answer a couple questions for me? I got a little behind (like a few years) on filing my taxes and am afraid that I have made a giant mess of things. I'm trying to get everything together, but have some questions.
  • HndsmKansan

    Posts: 16305

    Nov 20, 2007 5:41 PM GMT
    I would suggest going to a CPA in your state as you might also owe state taxes. While I am not a CPA (my field is adjacent to this), many would be reluctant to provide specific information online.

    I would approach it diligently. As a self employed individual, to owe the IRS is a nightmare. Don't turn your situation into one.
  • Posted by a hidden member.
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    Nov 28, 2007 3:32 AM GMT
    I agree, polo. You should find a reputable CPA in your area who can help. I would recommend a CPA, not because I am one, but a CPA can help you before the IRS where a non-CPA can't as easily. Be prepared to fork over some money - depending on where you live, a CPA can cost a fair coin and would probably charge by the hour for the back years.

    It's better for you to file the back taxes voluntarily rather than IRS hounding you for them. If you've just gotten computer-generated notices, you're probably still OK, but if you're getting specific letters from IRS, then you're on the hook and they are looking!

    Best of luck.
  • Posted by a hidden member.
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    Nov 28, 2007 3:57 AM GMT
    I agree with the above advice. find a good CPA in your state ASAP and pay as much as you can as the interest and penalities will eat you alive