Tax Guy: Dear Tax Guy: ‘This will eventually bite me in the behind’: I have not filed my taxes since 2020. How do I find a good accountant to unravel this mess?

by | Jan 9, 2023 | Stock Market

Dear Tax Guy, I am an inveterate procrastinator. For most of my adult life I avoided any serious consequences from late filing my taxes by not actually owing any taxes — in most years I received refunds. Then, a terrible thing happened. In 2019, I had non-compensation income on which I owed a considerable amount of tax. I couldn’t figure out what I owed, didn’t go to an accountant, and basically just blew it.

I made up a rough estimate and tried to pay that online at the last possible moment but was too late. It was credited to my 2020 taxes. Since then, I stuck my head in the sand and filed nothing. Clearly, this will eventually bite me in the behind. How do I find an accountant who can unravel the mess I’ve made? In Knots About Not FilingDear In Knots, You’re right, you have a problem. That’s the bad news. The good news is you have the power to address the problem and get on with your life. It’s the start of a New Year, and now’s as good a time as any. As you noted, until this income landed in your finances, Internal Reven …

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