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Late Filers

If you have not filed a tax return in recent years, you could be one of the thousands of people in your state that have tax money sitting with the IRS waiting to be claimed. Claim your money today and use it to pay bills, invest, save, or take a nice vacation or getaway.



STATES WITH TAXPAYERS THAT HAVE UNCLAIMED REFUNDS


  • TN: 28,000 people totaling over $27 million in unclaimed refunds

  • MS: 12,000 people totaling over $11 million in unclaimed refunds

  • AR: 12,000 people totaling over $12 million in unclaimed refunds

  • IL: 55,000 people totaling over $58 million in unclaimed refunds

  • Check for your state here.


In 2019, the IRS gave huge tax breaks, including higher credits and deductions to individuals as part of the Covid Relief Plan. Even individuals that did not have an income that year were eligible to file a return and claim the refundable credits.

Credits Included

Child Tax Credit

Earned Income Tax Credit

Recovery Rebate Credit


TIME IS RUNNING OUT!

Eligible tax payers have just over 1 month left to claim these credits and get their refund from the IRS. The time will expire on 07/17/2023.

 

WHAT? MORE MONEY?

More money may be coming your way if you did not file in 2020, 2021, or 2022. There is no limit to how far you can go back and file your tax return. However, the amount of your tax return may be significantly reduced if credits expire or penalties and interest are assessed.


GET CAUGHT UP TODAY

Each year you are late filing your tax return, a late filing penalty is added to your tax balance that you owe. However, if your are due a refund, the refund is reduced by your tax penalty and any other amount that you may owe.


STOP PAYING INTEREST!


If you owe taxes and are not filing, the balance that you owe is consistently increasing by the interest that is being added to your balance. The IRS charges interest on unpaid tax balances at a rate 0.5% of the unpaid balance each month. You can stop the interest by filing your tax return and paying the balance owed.


GET HELP NOW


There are several ways to pay your balance owed. Visit the IRS website to see your options. However, if you need help filing your return, claiming your refund, or paying your balance, contact us today and we can help.

Dukes Accounting and Tax Services

901-425-5521


1175 Vickery Lane,

Suite 201

Cordova, TN 38016

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