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Taxation & Estate Planning
: California Tax Attorney BlogSubstitute For Return
By californiataxattorneyblog-1
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Final IRS regulations relating to substitutes for returns were issued recently which describe how the IRS can prepare your tax return when you won't prepare and file your own. The IRS will prepare and file your form 1040 or form 941 and then it will assess the tax on the form. The IRS will then pursue collection of the assessed tax. This is the lawful exercise of enormous power to compel compliance by taxpayers. Here are the details....Full post as published by California Tax Attorney Blog on January 15, 2009 (boomark / email).
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