The IRS has not received a response from previous attempts to contact you about past-due returns. A response is required.
IRS Notice CP518
Type of notice: Late return
Likely next step: Address unfiled tax returns
Why you received IRS Notice CP518 – You did not file a tax return by the due date.
The IRS sent you notices requesting that you file a tax return, but the IRS did not get a response.
Notice deadline: Not specified
If you miss the deadline: The IRS may prepare a return for you with the information the IRS has from employers, banks, and other payers. Penalty and interest charges will accrue on any unpaid balance the IRS thinks you owe. If you are owed a refund for the current tax year, or any prior year, it may be delayed because of your unfiled return.
NEED HELP WITH IRS BACK TAXES, AUDIT REPRESENTATION OR SMALL BUSINESS TAX PREPARATION?
The IRS uses Notice CP518 to ask you to contact them immediately because your tax return is overdue. They usually only request tax returns if they think you owe. You might also receive a CP518 if you filed an extension but then later didn’t file or if you had home mortgage interest but no income (the IRS wonders where you got the money).
Notice CP518B is sent to Businesses requesting that certain returns be filed. The problem businesses face is that the IRS penalties are so enormous that it is virtually impossible to extricate the business from the IRS grip.
Confusion about Notice CP518
You may believe that you did file but the IRS denies it. If you have the certified mailing receipt or overnight mailing label then you can argue about the filing date and there is a procedure for this. But, unless you have this evidence, it is usually better to just re-file than argue. However, since you are filing an original return you have the opportunity to gather your records and find more deductions!
Some of the tax years may not require returns. If returns are due they must be constructed and prepared with all advantage to you – the truth is the goal. Many people have lost some or all of their documents. We are masters at finding lost evidence from old records. See Lost Documents.
This IRS action is NOT an audit & you probably won’t be audited. The IRS simply wants the returns. But, since they think you owe you must be careful, not rash.
Because of the procedural and legal issues, it is not always wise to rush & file a return. We need to get the IRS file and create an Action Plan for your specific situation.
GET TAX RELIEF HELP TODAY
If you think that you may need help filing your 2018/2019 tax return or past due tax returns, you may want to partner with a reputable tax relief company who can help you get the max refund and reduce your chances for an IRS AUDIT.
Advance Tax Relief is headquartered in Houston, TX with a branch office in Los Angeles, CA. We help many individuals just like you solve a wide variety of IRS and State tax issues, including penalty waivers, wage garnishments, bank levy, tax audit representation, back tax return preparation, small business form 941 tax issues, the IRS Fresh Start Initiative, Offer In Compromise and much more. Our Top Tax Attorneys, Accountants and Tax Experts are standing by ready to help you resolve or settle your IRS back tax problems.
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