April 18, 2017, may have come and gone, but if you did not file an individual income tax return or extension for 2016, and you owe tax, the requirement to have done so is still here.
The longer you wait to file that return, the more penalties and interest will add to the tax bill. There are separate penalties for failure to pay tax, as well as failure to file a required tax return. Even if you can't pay all of the tax that may be owed, it is in your best interest to file the return to stop further failure to file penalties from compounding the problem. Once the return is filed, it will be possible to negotiate with with the IRS to try to pay out the balance owed. But it starts with filing a return.
And if you are due a refund, you won't get the refund without filing the return.
For more information or to discuss your situation, browse the Contact Us page and drop us a note, send an email, or phone us. We look forward to hearing from you.
