If I have a small home-based business and I have not filed any taxes in 3 years, what are the penalties?
moopoo55 asked:
Let’s say that I’ve calculated most of the 2003 year and have concluded that I didn’t owe any taxes for 2003 and 2004 but instead am due a refund.
Let’s say that I’ve calculated most of the 2003 year and have concluded that I didn’t owe any taxes for 2003 and 2004 but instead am due a refund.
I’m working to get a good accountant but find that most don’t know about tax shelters, estates, or any of the small business (home based) irs laws.
Please, this is serious. Don’t respond if you don’t have a quality answer for me.
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