Most Common Reasons For Having Unfiled Tax Returns

The most typical reason for unfiled taxation statements is ignorance. However, ignorance of the law excuses no one from the Latin maxim "ignorantia legis non excusat". By virtue of the ruling, the IRS can still go after these non-paying citizens. There are a lot of people who are duty bound to cover taxes who do not file any return for whatever reasons only recognized to them. Some are not able to file returns for they are not aware they have this obligation to take action.
Most of these people do not file or pay taxes for a number of reasons. One common reason among taxpayers for having unfiled taxation statements may be the insufficiency of documents at hand as their bases for filing. It does not also mean that they do not have the ability to pay, and for this reason the Internal Revenue Service has all the reasons to follow them as they are legally obliged. This is the common problem among the business sector especially if there is absolutely no regular retainer to help keep and do the tax return filing.
unfiled tax returns
There are times when the employees do not know the specific entries that should be made and because of this they prefer to keep the file rather than file an incorrect return and incur uncalled for liability. This is common when employers usually do not care to file collectively or in mass because of their employees. In cases like these the employees who don't have any idea what to do making use of their unfiled returns, as in the case of employed individuals who've their W2s just do not file.
The quantity of unfiled returns corresponds for some million dollars for unpaid claims due to the government. As dutiful citizens that are qualified taxpayers they must keep an eye on their duties and responsibilities. Payment of tax dues is really a duty which binds every taxpayer as their part in recognition of certain enjoyment of rights and protection extended in their mind by State generally terms.
You should bear in mind that taxes are essential to the government's proprietary functions. It really is for this reason that an agency of the government like the IRS has been intended to work as its assessor and collector of unpaid obligations. The taxes that taxpayers pay are essential for the coffers that fill or soon add up to the State funds thus it is no good reason for you to keep unfiled returns.