Hello - When dealing with the IRS for prior year deliquent tax returns there is really 2 main areas to consider - First is the actual tax returns themselves including what years can the IRS require you to file based on the statute of limitations and actually preparing and filing the tax returns and timing of such. Second is dealing with the IRS for collections for any balances due including potential options of installment agreements and Offer in Compromises. Also, note that you'll most likely have to deal with the Colorado Department of Revenue once the Federal tax returns are filed with the IRS.
Thanks,
Jeff
Answered on May 26th, 2020 at 8:34 AM