Back Sales Taxes
Settle Unpaid Back Sales Tax with Priority Tax Relief
Save up to 90% of your sales tax debt. Priority Tax Relief has the experience and technical know-how to help you. Our staff of Tax Attorneys, Enrolled Agents, and Tax Analyst, are ready willing and able to represent you in all your sales tax issues.
We have helped a countless number of taxpayers throughout the United States, and we’ll help you as well.
What are Back Taxes?
Back taxes refer to unpaid taxes that were due in previous years. These could be federal, state, or local taxes that an individual or business failed to pay by their due date. When taxes aren’t paid on time, they accumulate interest and penalties, making the total amount owed significantly higher over time. The term encompasses a variety of tax obligations, including income, property, and business taxes. Addressing back taxes promptly is crucial to avoid legal consequences and further financial strain.
Why am I getting this?
Receiving a back taxes notice typically means that the tax authorities believe you have unpaid taxes from previous years. Here are a few common reasons why you might receive such a notice:
Unfiled Tax Returns: If you haven’t filed your tax returns for one or more years, the tax authorities might estimate your tax liability based on available information and send you a notice.
Underreported Income: If there is a discrepancy between the income you reported and the income reported to the tax authorities by employers, financial institutions, or other sources, you might receive a notice.
Errors in Tax Filing: Mistakes on your tax return, such as incorrect calculations or missing information, can lead to underpayment and subsequent back taxes notices.
Missed Payments: If you set up a payment plan for taxes owed but missed one or more payments, you could receive a notice for the remaining balance.
Audit Adjustments: If your tax return was audited and adjustments were made, you might owe additional taxes as a result.
Changes in Tax Laws: Occasionally, changes in tax laws can retroactively affect your tax liability, leading to additional taxes owed for past years.
Unreported Self-Employment or Freelance Income: If you have freelance or self-employment income that you didn’t report, you could receive a notice for unpaid taxes on that income.
Receiving a back taxes notice can be stressful, but it’s important to address it promptly to avoid further penalties and interest. If you’re unsure why you received the notice, contacting the tax authorities for clarification or consulting a tax professional can help resolve the issue.
How to prevent Back Sales Taxes?
Preventing back taxes involves staying proactive and organized with your tax obligations. Here are some steps you can take to avoid receiving back taxes notices:
File on Time: Ensure that you file your tax returns by the due date every year. Use tax filing software or hire a tax professional if you need assistance.
Report All Income: Accurately report all sources of income, including wages, freelance work, investment earnings, and other taxable income.
Double-Check Your Returns: Review your tax returns carefully to catch any errors or omissions. Consider having a tax professional review your return before submitting it.
Keep Detailed Records: Maintain organized records of all income, expenses, deductions, and credits throughout the year. This makes it easier to accurately complete your tax return.
Make Estimated Tax Payments: If you are self-employed or have significant income that isn’t subject to withholding, make quarterly estimated tax payments to avoid a large tax bill at the end of the year.
Stay Informed About Tax Law Changes: Keep up with changes in tax laws that might affect your tax situation. This can help you adjust your tax planning and filing accordingly.
Set Up a Payment Plan: If you owe taxes and cannot pay in full, set up a payment plan with the tax authorities to avoid penalties and interest.
Use Withholding Adjustments: If you are an employee, ensure that your withholding amounts on your W-4 form are accurate to avoid underpaying or overpaying taxes.
Respond Promptly to Notices: If you receive any notices from the tax authorities, respond promptly to resolve any issues before they escalate.
Consult a Tax Professional: Regularly consult with a tax professional who can provide guidance tailored to your specific financial situation and help you stay compliant with tax laws.
By following these steps, you can minimize the risk of receiving back taxes notices and ensure that you remain in good standing with tax authorities.
Priority Tax Relief stands out for several reasons:
1. Experienced Tax Professionals
Priority Tax Relief employs a team of experienced tax professionals, including CPAs, enrolled agents, and tax attorneys. Their expertise ensures that clients receive accurate and effective solutions tailored to their specific tax issues.
2. Personalized Tax Solutions
Priority Tax Relief provides personalized tax relief plans based on a thorough assessment of each client’s financial situation. This tailored approach helps maximize the chances of resolving tax problems efficiently.
3. Proven Track Record
Priority Tax Relief has a strong track record of successfully negotiating with tax authorities on behalf of clients. We have helped many individuals and businesses reduce their tax liabilities and settle back taxes.
4. Comprehensive Services
Beyond just addressing back taxes, Priority Tax Relief offers a wide range of services, including audit representation, penalty abatement, wage garnishment release, and tax lien removal.
5. Transparent Pricing and No Hidden Fees
Priority Tax Relief is known for its transparent pricing structure, with no hidden fees. Clients receive clear information about costs upfront, which helps build trust and ensures there are no surprises during the process.
Contact Priority Tax Relief at 888-708-2872 to learn more about Back Taxes and schedule a consultation.
Beyond just addressing back taxes, Priority Tax Relief offers a wide range of services, including audit representation, penalty abatement, wage garnishment release, and tax lien removal.
Cancellation: Any cancellation of services must be made in writing and delivered to 400 S. Jefferson, Suite 100, Spokane, WA 99204 within three business days of the date of this agreement. If the client cancels services during this time, Company, reserves the right in its sole discretion to convert the agreed fee payment structure to an hourly one by which Client agrees to pay Company an hourly rate of five hundred fifty dollars an hour, entitling Client to a refund of up to fifty percent of all monies paid beyond the ten day money back guarantee in cases where no aggressive collection action is in place.
Frequently Asked Questions: Wage Garnishment
What are Back Taxes?
Back taxes are taxes that have been partially or fully unpaid from previous tax periods. These can include federal, state, or local taxes, and they accumulate interest and penalties if not paid promptly.
What should I do if I receive a notice for back taxes?
If you receive a back taxes notice, review it carefully to understand the amount owed and the reason for the notice. Contact the tax authority if you need clarification and consider consulting a tax professional to help you address the issue and explore payment options.
Can I set up a payment plan for back taxes?
Yes, most tax authorities offer installment agreements that allow you to pay back taxes over time. Contact the relevant tax authority to discuss your options and set up a payment plan that fits your financial situation.
What happens if I can't pay my back taxes in full?
f you can’t pay your back taxes in full, you should still file your tax return and pay as much as you can to reduce interest and penalties. You can then apply for an installment agreement, an offer in compromise, or other payment arrangements.
Will back taxes affect my credit score?
Unpaid back taxes can lead to tax liens, which may appear on your credit report and negatively impact your credit score. It’s important to address back taxes promptly to avoid such consequences.
Can I negotiate the amount of back taxes owed?
In some cases, you may be able to negotiate a lower amount through an offer in compromise, where the tax authority agrees to accept less than the full amount owed if you can demonstrate financial hardship. A tax professional can help you determine if you qualify and assist with the application process.
How do I avoid back taxes in the future?
To avoid back taxes, ensure that you file your tax returns on time, report all income accurately, make estimated tax payments if necessary, and stay informed about tax laws. Keeping detailed records and consulting a tax professional can also help.
What are the penalties for not paying back taxes?
Penalties for not paying back taxes can include late payment penalties, interest on the unpaid amount, and potential legal action by the tax authority. Severe cases may result in wage garnishments, tax liens, or levies on your bank accounts or other assets.