A Substitute For Return (SFR) is a tax return that the IRS prepares on behalf of a taxpayer when they fail to file their tax return. This is done based on available information, such as income reported by employers (W-2) and other sources (1099). While a Substitute For Return may seem convenient, it often lacks deductions and credits that the taxpayer could have claimed, leading to a potentially inflated tax liability.

Taxpayers facing a Substitute For Return should consider seeking professional assistance from experts like CPA CLINICS. With specialized knowledge in tax law, CPA CLINICS can guide taxpayers through the process of addressing Substitute For Return related challenges. Tax notices 2566 provides 30 days to respond and 3219 provides 90 days to respond. It is crucial that these notices are addressed timely to avoid unwanted collection process. The collection process may lead to liens, levy, and seizure of assets. Our professional team will work with you to find a resolution customized to your situation, which will include but not limited to assisting with audit reconsideration, applying for an offer in compromise, requesting a hearing through collection appeals program, and exploring currently uncollectible status. 

Navigating Substitute For Return related matters can be intricate, but with the support of CPA CLINICS, taxpayers can address their tax liabilities more effectively, ensure accurate reporting, and work towards a financially secure future.