No video :(

Unfiled Tax Returns: Four things you MUST know

Подписаться 13 тыс.

Просмотров 110 тыс.

50% 1

Attention Global Entrepreneurs and Investors! Is the IRS dragging you down? Text “Wealth” to 818-293-4857. Anthony's firm, Parent & Parent LLP can help end your tax anxiety and frustration right now! We do it all so you can focus on better things. 20 successful years experience in tax planning, tax resolution (including audits!), bookkeeping, asset protection, and offshore disclosures/FBAR help. Everything you need under one roof. Thousands helped!
www.irsmedic.co...
In this video, I'll be talking about the 4 things you need to know about filing back taxes with the IRS.
The first thing is that if you don't file your taxes, the IRS will do something called a "substitute for return." In IRS speak, we call this an SFR. With an SFR, the IRS tries to assume the worst tax bill you can imagine.
But an important thing to understand is that when you file a correct return to lower your SFR assessment, what that technically is, is something called an "audit reconsideration." The IRS does give a bit of extra scrutiny to the return processing, so it is important that the returns are done very carefully. When you file past due tax returns, your returns processing needs supervision. Either by you, if you are up for it, or a tax resolution professional.
The second thing is time. Did you know that if you don't file your taxes, the IRS has forever to assess taxes. For example, if you didn't file taxes in 1988, the IRS could, actually file your taxes with an SFR. Now if you do file your taxes, the IRS effectively only has 6 years since your filing date to assess you anything additional.
So what you need to know is, if you don't file your back taxes, you are leaving a potential tax bill open -- indefinitely.
The third thing is time again. If you have a refund coming to you for a tax return, you only have a limited amount of time to claim that refund when you file your return. The 3 year rule works like this:. You can not claim a refund for a tax return that was due more than 3 years ago. So right now it is June 2013. If you tried to claim a refund for 2010 and you never filed a extension. Guess what? If it is after April 15th 2013, if IRS owed you one million dollars they would keep it all. And there is not one thing you could do about it. Or I suppose there is one thing.
The fourth thing you need to know about unfiled tax returns is documents. You may be wondering, well I'd love to file all my old tax returns but I lost all my tax documents. Well, tax attorneys like ourselves have a couple tricks we use to file old tax returns properly. First, we can request any missing tax forms, like W-2s, 1099, mortgage interest statements, from the IRS. Second, if you are missing business records, there are proven, legal ways to recreate documents that will be accepted by the IRS during your "audit reconsideration."
So hopefully you get it now. If you have unfiled returns, act quickly. Don't let missing documents get in the way! All of that can be dealt with totally legally with no problems down the road. Remember, when it comes to unfiled tax returns, the IRS rules are written to favor the IRS. So do yourself the biggest favor you could possibly do today and take action. If you are not sure that you can do all of this yourself and you don't fully understand the rules, hire a tax specialist who knows . If you have been procrastinating --- and you can't quite make any positive action. Here's one simple idea. Give my office a call at 888-727-8796 or shoot an email to info@irsmedic.com and tell my people you watched this video on unfiled tax returns. We'll take care of you and your worries.
Need help with Tax Preparation?
Book a discovery call with the IRS Medic team:
irsmedic.com/prep
Need help with Tax Planning and Strategies?
Book a discovery call with the IRS Medic team:
irsmedic.com/w...

Опубликовано:

20 авг 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 108

@clydeallenfightmaster2764 4 года назад

What if you never got a w2 I tried calling old employer and they where bought out by Tyson's Food and I want to file

@irsmedic 4 года назад

Great question. Going to pin this comment. As it is often the obvious next question of so many people looking to get unfiled returns filed. You can contact the IRS to get something called a Wage & Income transcript for the tax year in question. Then file accordingly. If there is state withholding, that is information the IRS will not have. You can go here and request that transcript yourself. www.irs.gov/individuals/get-transcript Even if no one paid your withholding you are still entitled to act as if it was fully paid. Good luck!

@boldlytruthfullysequoia6615 4 года назад

@@irsmedic I have a question about apartment buyouts. If an apartment pays a tenant to move out does it have to report it ? Or, does depend on the amount or, city you live in? I called the lease but. They dont return my call

@sarag1158 3 года назад

You can get a copy of the copy that was sent to the IRS through an online request.

@lisahughes257 7 лет назад

the IRS could assess tax for you? Last I read, in the code, the secretary of treasury is supposed to be the one notifying a person of due tax, not the IRS. Also, it has been proven through a copy of the IRS Certificate of Incorporation that the IRS is actually a private business, not a branch of government as we have been told. AND title 26 USC has no positive law. So tell us how they do what they do and get by with their tale of taxation? Because people allow it to happen. Research shows in congressional record going back to the intent of the 16th amendment, that taxation is for corporate and federal officers and employees. Not the American citizen. They're crooks plain and simple.

@irsmedic 7 лет назад

Well doesn't research show the 16th Amendment wasn't ratified by Ohio? Don't you think that is a bigger issues?

@jgalt308 6 лет назад

Actually the research and documentation shows that the 16th, 14th and 17th amendments were NEVER properly ratified, by the required number of states, which ones didn't is irrelevant, and it is just "another" issue, not a bigger one. Your problem is that you are complicit in the fraudulent deception that is believed to be the "supreme law of the land" but isn't and hasn't been since 1939, when common "law and equity" was essentially removed and replaced by the USC ( statutory jurisdiction ) and then further distanced by adoption of the UCC which assumes voluntary jurisdictional submission, without a specific reservation of rights having been asserted in a timely manner, and bars its assertion anytime thereafter. Since this fraudulent deception has been in place since 1939, the methods have been consistently improved by the IRS and so called Tax Court and with the help of "facilitators" like yourself, who participate in the yearly fear fest which begins in january of every year. As a result, many of the arguments "raised" .....and heard by this court, and which have "failed" for any number of reasons......were over time added to a list of so called frivolous arguments, which are then dismissed out of hand as "frivolous". The primary reason for these determinations is the effect of ( statutory jurisdiction) which if entered into "voluntarily", precludes the use of court decisions made prior to 1939. One of the effects of this fraudulent deception, however, is that since the removal of "law and equity" was not done by amending the constitution as required by article five......a means had to be made available to access common law and equity jurisdiction......so the deception here, was to obscure the means required to do so by burying as deep as possible within USC and UCC, as well as obfuscating the language, rendering it unintelligible to ordinary people, and even those "educated" in the law, since this knowledge was not "need to know" for attorneys, as they are barred from using it, both as "officers of the court" and further co-opted by admission to the "bar", upon which their privilege of "practicing it" relies. Only "judges" therefor are "need to know" and are the critical component of this fraud and deception......but such things can not last forever and that time is fast approaching......with appellate decisions pending in the 9th and 11th circuits, see links below. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-lCQs6CoHZDk.html ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-02_mkRD16Zc.html ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-jpMSG1JGghs.html and ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-YWZ10bpVmp0.html Wages are not income and therefor not subject to a tax on income.....and where this is "buried" in 26 USC is contained above......

@wyldmansix7 6 лет назад

J GALT I'm not in any way tax law competent, but I do agree with your comments. I believe the IRS and taxation on labor is illegal. I believe most tax specialists are only educated in how to collect and obey these fraudulent "laws." they for the most part never study the actual validity of this procedure and therefore are more ignorant than myself even though I have never had any formal "tax education." I have done a small amount of studying this and do feel that Americans are being fleeced of their labor. Thank you for posting such an intelligent, interesting comment. Perhaps one day, Americans will finally wake from their slumber and say "enough is enough! "

@jgalt308 6 лет назад

TL R......The problem with an "illegitimate tyrannical government" is that it really doesn't care much for the niceties of the "legal" system, especially after it has devoted almost 8 decades, perfecting the elements of the "confidence game" that is the United States Code, and when it, thru the IRS, can intimidate "third parties" such as "banks" to seize assets, or "employers" to "withhold taxes", even when it can be demonstrated that that "the law", contains no such authority or requirement. The "entire legal system" is an exclusive privileged class, so all of its members ( attorney's licensed by the "bar" ) are FIRST "officers of the court" and 'all those who ascend to become judges, elected or appointed, are first required to become part of that system, to gain entry to the third branch of government. It only at this point, that judges "need to know" their "true mission" as it regards the "fraudulent deception" that is the "legal system" and their singular task, which is to avoid "reversible error" that will be overturned on appeal, and become a "precedent" that can be cited by "anyone", even 'citizens" acting as their own 'counsel'. It is possible for individuals to "win" on the first level, and have the charges "dismissed" if they can establish a framework, where "error" would be "unavoidable" if a guilty verdict was reached, but every effort will be made to "intimidate" anyone who tries this, and the if a "dismissal" does occur, it will take place, quietly and with no or limited " public persons" present to witness it. If you take the time to watch the videos above, the gentleman who made them, began the process in 1995 or 96, and twenty two years later, he has reached the final appeal stage in the 9th and 11th circuits....so it will be quite interesting to see what the outcome is here.....and quite an education for you, if you can manage to "follow his work".....as he finds where the fact that "wages are not income" was buried in title 26 and the "language" that was used to further obfuscate it. As far as the "public perception" of all of this, so many changes has taken place, with regard to the "constitution" since 1939, without using the Article V process required, that anyone who bothered to read it should have many questions, as to how these "changes" took place.....and yet there are no questions, by anyone.....in the mainstream. Even Ron Paul, tiptoes around it, in limited fashion.....with regards to the Federal Reserve.....and he was essentially useless as a voice in Congress when he was there.....because he was just "ignored" and he didn't have the courage or integrity, to state directly what the cause of all of this is.....I will ad a few more links to explain it, that deal with the other aspects.....so you can read them directly and pass them on to others, if you wish. The Bankruptcy of 1933 docs.google.com/document/d/165i0dicryJ_KtzCr6agR6O6v4XaRM2EDr6f1WbmU3Fg/edit?hl=en UCC 1-207/308 Reservation of Rights www.supremelaw.org/authors/freeman/freeman4.htm www.supremelaw.org/authors/freeman/freeman5.htm w-4 Voluntary Withholding Agreements www.law.cornell.edu/cfr/text/26/31.3402%28p%29-1

@MadMan559est69 7 лет назад

1st case Lloyd vs the United States of America IRS show that filing is voluntary so don't be fooled.

@UhOhMonkeyTV 9 лет назад

why the fuck don't they teach this in high school ?

@normanrosenblatt2848 10 лет назад

I'm sorry, Mr. Parent, but you made a serious error. You said that an original return for 2010 tax year filed after 04/15/2013 is too late to claim a refund. As you know, you have three years from the original due date, so that deadline would be 04/15/2014.

@irsmedic 10 лет назад

Fantastic catch Norman! Thank you so much. I made the annotation.

@mralexandernine3 4 года назад

Thank you very much sir. Helped me big time!!!

@odie1820 4 года назад

Dude, I don't usually comment, but let's just say I had to like and comment this video!

@Jeremiah1619 3 года назад

I’m scared to file turbo tax said, it’s going to all my money. So I never hit the summit button. I guess I’m going to jail fuck it I ain’t nothing to lose but a life anyway 😞

@iREZARECTEM 3 года назад

Hey, man don’t make this into something bigger than it has to be. This tax stuff can seem unwieldy at times. Seek good counsel. Call a CPA to help you get it together and find out “what’s what”. If you’re in trouble, consult a tax attorney. Peace of mind is more important, and you’ll learn a lot from the process.

@I_keel_you 7 лет назад

Why don't you explain to people that their "employee" taxes fall under chapter 21; and that "self employment" taxes fall under chapter 2; Both of which fall under "FICA/SS" and which are for the "possessions" (Virgin Island & Puerto Rico) of the "federal" United States. Per "Section 7651 & 7655. And that chapter 1 taxes DOES NOT explicitly apply to "Citizens" of the United States of America and it only applies through "Regulations" which is not law?

@donaldrice5281 3 года назад

I stopped paying income tax in 1980. The IRS is not a department of the us government. It is a department of the federal reserve which is a private banking cartel that controls our money. There is no law requiring a citizen to assess thereself for any tax. This is self incrimination, which is a direct violation of the U S Constitution , and they know it. This is why the IRS uses intimidation to coerce you into filing this unconstitutional tax return. If you talk to an IRS agent be sure to ask him how long he's been a Jesuit, then watch his face.

@betterthanemril988 Год назад

I thought it was a bureau of the department of treasury

@bmxshow 5 лет назад

Re: SFR - what if someone was a drug addict/ alcoholic was not employed and have a W-2 or a 1099? 20 years straight of no employment therefore no employer sending in financial data on the individual. Basically a indigenous individual - disabled by drugs, alcohol and poverty. Would the IRS or State tax board Levi consequences I'm such an individual?

@iREZARECTEM 3 года назад

You can’t squeeze blood out of a turnip. If there’s no income, there is no tax. That type of person wouldn’t necessarily need to file a tax return. Although it’s probably a good thing if they started. I would say getting their life together is a higher priority.

@mirrorrorrim6481 7 лет назад

I have a question and I Thank You in advance if answered. I haven't filed a return in over 12 years. I been completely off the grid & don't even exist on paper. I get paid with cash only & unfortunately I kept no record of. So in my case how would I even get started? I feel like I've fallen too far down the hole. Again thank you for any help on the matter.

@trutherone2140 7 лет назад

how unfortunate

@jgalt308 6 лет назад

Why would you WANT to get started....without a paper trail, there is no way for "anyone" to pursue you....no evidence, equals no case......whoever "paid you" obviously had their own reasons.....for not keeping "records"....so why is this of any concern to you......?????

@capableman4277 5 лет назад

there is no law that requires an individual to file a tax return! if u can find one let me know because there is 50k reward to anyone who can!

@anthonysoto9328 4 года назад

Do you file?

@Artoconnell 3 года назад

@@anthonysoto9328 I know a dentist who did 14 months for listening to that garbage.

@110southern9 3 года назад

Revocation of Election took me years to find this

@110southern9 3 года назад

Revocation of Election

@dennishipsley8703 5 месяцев назад

There IS NO LAW. because TAXABLE YEARS ENDED AUGUST 16 1954 PASSED INTO LAW BY THE 83rd Congress AS LAW and published AS Volume 68A of the United States Statutes at Large as Law! Google 26 CFR 1.0-1 paragraph (d) of the IRC OF 1954.

@pinoyakosajapan 3 года назад

What are the penalties for not paying taxes more than 16 years? My friend never paid her taxes..

@stoneyislandranch9783 5 лет назад

They can do that but you don't have to agree to it.. it's a presumption.. which can be challenged.. they are literally making up numbers.. can anyone else do that to you NO..

@bless849 4 года назад

I have a question ... I had 3 jobs in total last year , I got one w2 from one company and I immediately did my taxes . Couple weeks later I received the other 2 , but I had already done my taxes. What can I do about this ?

@rejuven8ted75 4 года назад

amend

@normanrosenblatt2848 10 лет назад

I should have mentioned: the error is at the 3:00 mark in your video.

@MOMMYchel103 6 лет назад

I have a question i didn’t realize i have another tax form received on mail but I just filed my self online tax and is now in pending status what should I do with this tax form should I file another tax or just wait till my application on line to filed to make additional tax file

@richardmooney7948 4 года назад

Since we are in the end of days waiting for Jesus or Lord's soon return, might just be a good time to read Bible. The most important thing to realize from all this turmoil is that God is giving everyone a big heads up, before He pulls the curtain closed. Make sure you know who Jesus is and what is required to be saved. John 3:1 -18.

@lunajj1944 3 года назад

Hi. I have a question for you. I have been paying tax for long time. And this year I file my tax 2020. And I noteced I didn’t pay federal tax . And I never knew I did it. I thought I payed. And my employer told me that oh computer glitched. And it’s automatically didn’t take your tax . And I asked other employee their fine .only mine is no pay. But I never agree with that. And I without knowing file my tax . And usually I always refunded. This year I need pay. Please help me. ????

@ricardoj.grimaldi1030 7 лет назад

My LLC had no transactions last year. I only made a deposit just to have money in the bank account (8K). I am from Mexico and my partner too. Do we need to file a tax return?

@irsmedic 7 лет назад

Great question Ricardo. Even if you don't have US sourced income there will be a new tax reporting requirement starting in 2018.. There has been a recent change that will go into effect next year. If you and your partner are NOT US persons for tax purposes, the IRS in December 2016 creates a requirement that foreign-owned LLC file a Form 5472. That is your US LLC will be treated as a foreign owner US corporation (even tough it is an LLC) for reporting requirements. This 2017 5472 won't be due until 2018. So now would be a good time to get an ITIN if you don't have on already. I can warn you if you do hire someone to prepare the a Form 5472 for you, the cost will seem rather disproportionate to the $8k value in the US account. The US makes things far more complicated than they need to be.

@ricardoj.grimaldi1030 7 лет назад

I believe we are US persons under Tax Code because we lived and work in the US with a TN visa for more than 183 days. We created the LLC to apply for an E-2 Visa but we have not done just yet. We got SSN. Can you tell me what we can do to file the zero income tax return?

@irsmedic 7 лет назад

Because you are a US person, then your LLC in not foreign owned, thus there is no Form 5472 requirement. This is good news. As far as a Form 1065 goes for your partnership, you have a capital contribution yet no income and no expenses. So I can't see the reason why you would need to file a return. Good luck with your project!

@ricardoj.grimaldi1030 7 лет назад

Thank you very much!

@Ekim-ic8co 4 года назад

The IRS reports that their are approximately 70 million Non Filers as of 2016 possibly more now. How is this possible ? Does a signed 1040 Form have you voluntarily waive your 5th amendment right? Is not the income tax a fraud and its just the continuation of the Victory Tax imposed during WW2? What is the definition of income in the IRS code?

@irsmedic 4 года назад

1. Not everyone has a filing requirement and many who do choose not to comply. 2. You can claim whatever you want, a court would claim that you have no 5th Amendment rights to waive. 3. It was passed through entirely fraudulent means and is completely dehumanizing, however, it is more accurate to say it is a continuation of the Revenue Act of 1913 which was vastly expanded during WWI and hasn't stopped being a worse and worse POS than imaginable. 4. 26 USC 61 is largely defined by Glenshaw Glass as the test for income. en.wikipedia.org/wiki/Commissioner_v._Glenshaw_Glass_Co.

@Ekim-ic8co 4 года назад

@@irsmedic 26 use 61 house.gov does not show wages or salaries.

@clydeallenfightmaster2764 4 года назад

What if you never got your W-2 I didn't get last year I moved i call and ask for them I never received it

@aviewfrommyeyes170 4 года назад

Can i get monet from 2017 and2018 tax returns? i didnt file either one but i always claim 0- and gt back beetween 1000 and 1200 dollars !

@agochoa 6 лет назад

So if you don’t receive a 1099 and they don’t have any third party info, they cannot do an SFR? Do they often send out a letter first before they conduct an SFR?

@irsmedic 6 лет назад

An SFR is pretty much impossible without any third party information. Yes, they send out letters. One telling you they will do an SFR. And then another telling you they've done an SFR.

@cjcitynj 11 лет назад

I have a question do the irs can only get you for 2 years only.

@feddish4reese785 7 лет назад

Im about 3-4 years behind in my filling. What is the cut off before they do an SFR?

@irsmedic 7 лет назад

That is odd. Usually SFRs are done quickly (within two years) by the IRS underreporting unit. Do you have income that doesn't show up on a W-2 or 1099? If the IRS doesn't have any third party info on you, they have no way to automatically do an SFR. They must conduct an exam.

@feddish4reese785 7 лет назад

No I get 1099's every year I just dont file on time. Im trying to catch up.

@feddish4reese785 7 лет назад

But I have only gotten notices in the mail from them for years Ive filed not the ones I havent

@betterthanemril988 Год назад

@@irsmedicthat’s not always true. I’ve dealt with people who haven’t filed for decades and the irs just never got to them. Of course their income was in the database but no action was taken until the guy decided to file the previous 6 years.

@irsmedic 11 лет назад

@songbird372p7 6 лет назад

Yea but how much?

@ReggieC21 3 года назад

What if I filed 2out of the 3 documents because I didn’t think the 3rd document was coming😣😣😣😣

@iREZARECTEM 3 года назад

You can file an amendment.

@murattas5562 4 года назад

0:53 What's wrong with it?

@stephaniecariker3332 7 лет назад

I am a US citizen, living (with permanent residency) in Argentina for the past 10 years. I am a freelancer here and my income has never been more than 10,000 USD per year. Of which I have paid taxes on locally. The problem is, I was completely unaware that I should also be filing taxes in the US - isn't there a law against double taxation? Now I would like to return to the states and want to make sure all my ducks are in a row. Could you point me in the right direction?

@irsmedic 7 лет назад

Hey Stephanie --- we can help you. Could you send you contact info to info@irsmedic.com and we talk some more.

@truamericanmanbass2432 5 лет назад

I am becoming a bit aggravated with this IRS Medic. Please do everyone here a favor and show the exact code that requires the everyday regular US citizen to file and pay a tax on their income. Do you know there isn't one but you make money off of the clients you serve so you go along with it? Or, have you simply never actually looked that deep to see if that law actually exists or not? You really need to show that law on every video that you do, once you find it. If you can't find that law, then you probably shouldn't be telling people how to file and the other crap that you talk about in your videos. I would love for you to do what the IRS has never been able to do, simply show the law that requires us to file and pay. Yeah Yeah Yeah, we all know how good all of you tax preparers are at helping all of us file and pay, but how good are you at showing us what requires us to file and pay? I can't find a single tax prep person or company or tax attorney that can produce a law showing it. In fact, I've had several in-depth conversations with tax attorneys that have agreed with everything I'm saying with almost the same response, "what are you going to do about it, fight the IRS!". That's a normal response from them and that proves to me that they are knowledgeable and intentionally holding up this lie of deception upon the people.

@norml.hugh-mann 5 лет назад

If you dont want to be on the IRS's good side then by all means do as you please, but nobody is buying your bullshit....we know you will rot away in prison for tax evasion if you evade your taxes, like millions before you and millions after

@naturesown1807 2 года назад

@@norml.hugh-mann It isn't tax evasion if you're not required to pay genius

@matthew2752 Год назад

@Natures Own did you use freedom law schools method to stop paying?

@truamericanmanbass2432 Год назад

@@norml.hugh-mann There's almost nobody in jail for not filing. I've chewed out IRS agents and slammed my did in their face. They don't show the law because they can't. Yes, they do try to mess with me, but I'm okay with that. I know their system and methods and they exhaust them and disappear for a couple years then they start all over again. If you know the truth and stand firm, the little weasels don't know where to go from there. They expect you to get scared and jump though their hoops as you do. Millions before and after, what a lie. If you aren't filing you're much safer than those filing. They will use your tax return against you at every little chance they can.

@abnisejoseph6010 6 лет назад

Is all of this still the same for 2018?

@denzelhardman1384 4 года назад

WOWOWOW

@emmanuelyakubu8602 3 года назад

I recommended #kellyytoolzsz on IG ,all thanks to you so honest and faithful man

@TheStorm45 4 года назад

#TaxationIsTheft 😡

@OU812.. 7 лет назад

File bankruptcy like trump!

@duaneafields 6 лет назад

Michelle Bezesky. You're an idiot Michelle.

@continentalaquatics2725 5 лет назад

He never fired personal bankruptcy in his life. Turn off The Clinton News Network & MSLSD!

@adelekeruth1221 3 года назад

Your support and encouragement have always been the driving factors in my life.#kellyytoolzsz on IG I want you to know that I appreciate your cordiality with all my life!

@emmanuelyakubu8602 3 года назад

I recommended #kellyytoolzsz on IG ,all thanks to you so honest and faithful man

@adelekeruth1221 3 года назад

Your support and encouragement have always been the driving factors in my life.#kellyytoolzsz on IG I want you to know that I appreciate your cordiality with all my life!