Has the IRS assessed taxes due for years you did not file? Lothamer can help.
The IRS can and will assess tax for a year in which you have not filed a tax return. This assessment is called a Service Filed Return or "SFR." When the IRS files your return for you, they calculate it as a Single filer with only the standard deduction, no dependents, and no business expenses or other deductions. Obviously, for some people this can cause a very inaccurate result, causing them to owe much higher taxes.
In situations where an SFR has been filed, Lothamer will provide tax resolution services and can negotiate with the IRS and recommend that Audit Reconsideration be granted. Depending on the situation, we are often able to reduce the amounts owed, or even get the client a refund.
If you need assistance with a Service Filed Return, please contact us at (800) 619-8277 to schedule a free consultation.
Lothamer provides solutions with the IRS and also offers Michigan tax help.
