Tax Resolution and Back-Tax Returns

IRS notices, unfiled returns, and unpaid balances are easier to resolve when the work starts from verified facts. IBS uses authorized IRS transcripts, your records, and professional tax software to establish where you stand, get required filings current, and identify the resolution paths your situation realistically supports.

Who this is for

• You received a notice from the IRS or the Minnesota Department of Revenue
• You have one or more years of unfiled returns
• You owe a balance you can’t pay in full
• Your records are incomplete and you aren’t sure what the IRS has on file

Compliance comes before resolution

Before many IRS collection alternatives can be considered, required tax returns must be filed and current payment obligations must be addressed. For an Offer in Compromise, this generally includes all legally required returns, required current-year estimated tax payments, and, for taxpayers with employees, required federal tax deposits.

How the work is done

1. Authorization and secure access. Determine the appropriate authorization for the engagement and obtain account information through authorized IRS channels.
2. Transcript and account analysis. Review return, account, and wage-and-income information to identify filing gaps, balances, payments, penalties, and collection activity.
3. Compliance reconstruction. Compile bank, payroll, bookkeeping, and information-return data, identify missing records, and prepare eligible delinquent returns.
4. Financial case file. Organize income, allowable expenses, assets, and liabilities into a consistent file for the applicable collection analysis and forms.
5. Resolution screening. Compare your facts with available paths, which may include full payment, an installment agreement, penalty-relief review, currently-not-collectible consideration, or an Offer in Compromise.
6. Submission and coordination. Prepare the agreed package, track deadlines, and coordinate with appropriately authorized professionals through completion.

What you receive

A clear compliance status, a list of missing returns and records, an organized financial case file, an explanation of realistic resolution paths, and a sequenced action plan.

Representation before the IRS is limited to individuals authorized to practice. IBS will tell you at the start whether your matter needs an authorized representative and will coordinate with one when it does. No outcome is guaranteed; eligibility and acceptance depend on the taxing authority’s rules and your verified facts.

Common questions

• I received a notice. What should I do first?
• I haven’t filed in several years. Where do I start?
• What if I can’t pay in full?
• Can tax debt be settled for “pennies on the dollar”?

Start with a confidential consultation request. Request a consultation or call 612-839-4339.