Filing late returns now can prevent jail time if you act before the IRS opens an investigation. Voluntary compliance shows good faith, and prosecutors rarely pursue criminal charges when taxpayers come forward first, especially for non-willful violations. The streamlined filing process lets you catch up on multiple years with reduced penalties. Keep in mind that federal returns trigger state tax requirements, so you need to file both together.
Get your IRS transcripts to see what income information they already have, then file missing returns before they contact you. Voluntary disclosure only works when you reach out first, not after receiving an IRS notice. The failure-to-file penalty caps at 25% of your tax debt. We help clients file back years correctly, arrange payment terms, and build a strong compliance record.