Now is the time to file those late returns for prior years.
Prior Year Tax Returns
As the clock clicked down on the tax filing deadline the IRS and many writers wrote about the money the IRS had for refunds for 2007 tax year returns. Those returns had to be filed by the tax deadline to claim the refunds. Now it is too late to file 2007 returns to get refunds but refunds for 2008 tax year returns are now on “the clock”. The 2008 tax returns will need to be filed by the tax deadline in April of 2012 so do not procrastinate but call me now to help you file those returns.
You May Be Able To Get a Refund By Filing Your 2008 Tax Return
Over the years I have had many clients come in to file past year returns which they put off because they were sure they would owe and did not want to deal with it only to find that they had a refund coming to them. True some also did wind up owing but they were able to address their debt and put that behind them so they could focus on creating positive results in their lives. But so many times I have helped clients file past year returns only to find they were entitled to a refund. So will you owe taxes on your prior year returns? The only way to find out is to prepare the return so do not wait until next April but contact me today to get your returns prepared by a tax professional with years of experience preparing tax returns for the public.
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Jeff Haywood, CPA
972-439-1955
jeff.jhtaxes@gmail.com
I prepare the following types of tax returns:
Personal
Business
Estates
Trusts
Federal and State Returns
Also, I am available for tax planning and discussions about business, retirement planning and life goals.
For recent US income tax content see the following links:
Begin With The End In Mind
If the band you are in starts playing different tunes
Where Is It? Tax Refund
Deadline for 2010 Personal Tax Returns Moved
Now is the time to file those late tax returns for previous years
IRS: 8 Things to Know if You Receive an IRS Notice
IRS: Nine Fact on Filing an Amended Return
IRS: Eight Facts on Penalties
IRS Top Ten: Making Federal Tax Payments
Forming a New Business – Please Consult With Your CPA First
Questions After I Have Filed My Return
For a full list of prior posts see the CPA Tax Blog.
Standard Disclaimer:
As always keep in mind that the content provided on this site is general in nature and may or may not apply to your particular case. It is best to check with a tax professional about your circumstances and what is best for you personally. Also, IRS regulations and tax laws are constantly changing and the information on this site is not constantly updated. Again please check with me about your particular circumstances and what will be best in your situation at the given time and law.
This article was written by Jeff Haywood, CPA.
Jeff is a licensed CPA in both Texas and Illinois.
He has prepared income tax returns for the public for over 10 years.
He also has an MBA in Finance from Loyola University in Chicago and he has 24 years experience in Corporate Finance and Business Analysis.
