Dallas, TX -- (SBWire) -- 05/04/2015 --Prominent tax lawyer Nick Nemeth has published a new article in order to help taxpayers determine whether to file a 2014 tax return. The IRS does not make it easy for the ordinary taxpayer to understand the tax laws or the specific filing requirements involved in each individual case. The Internal Revenue Service is a government agency that has almost unlimited power over American taxpayers, and failing to file a 2014 tax return if this is a legal obligation can have dire consequences. In some cases a taxpayer must file a tax return or face financial and possibly even criminal penalties.
In the recent article from Nick Nemeth on filing a 2014 tax return the attorney explains some of the general filing requirements and rules that the IRS follows. These include whether a taxpayer must file due to their age or income, and even how a filing status can impact whether a 2014 tax return is needed or not. Since Nick Nemeth has more than 15 years of experience dealing with the IRS and advocating for taxpayers he understands the filing requirements, and the benefits that can be seen by filing even if a taxpayer does not have to.
In the latest publication Texas based IRS attorney Nick Nemeth explains about situations when a taxpayer may want to file a 2014 tax return in order to get a tax refund back. Sometimes a taxpayer may not owe any taxes, but they may be eligible for certain tax credits which can result in a refund to the taxpayer. If the taxpayer does not file a 2014 tax return then the IRS will not send the refund out and the government will keep the money instead. This means the taxpayer will miss out on the tax refund, and as a result they will give the IRS more than they have to.
Attorney Nick Nemeth also discusses income tax withholding, estimated tax payments, and other situations where a taxpayer may not be sure whether to file a 2014 tax return or not. The new health care law also adds confusion, because some taxpayers may be eligible for a premium tax credit while others may be assessed a penalty for not having health insurance and not being eligible for a health care penalty waiver. There are many other variables involved in determining whether it is necessary to file a 2014 tax return or not.
The newest published article by Nick Nemeth is intended to provide guidance on the IRS filing requirements, but it is not intended to cover all possible situations. Taxpayer who are not sure whether to file a 2014 tax return may need to speak with a tax attorney, accountant, or tax preparation professional to make the right final determination. The wrong decision in this area can leave the taxpayer on the wrong side of the IRS, and a number of associated penalties or the loss of a potential tax refund could also occur.
To learn more about The Law Office of Nick Nemeth, please visit http://www.myirsteam.com
About Nick Nemeth
The Law Offices of Nick Nemeth focus solely on IRS tax problems and one of the most common reasons clients come to Nemeth is for delinquent tax returns.
With over 15 years experience as a lawyer, Nick Nemeth is a best-selling author who focuses on helping both individuals and businesses overcome the stress and devastation of their tax problems. At his boutique tax law firm located in the Dallas/Fort Worth area, solving IRS problems goes beyond saving his clients' money.
The Law Offices of Nick Nemeth
4100 Alpha Rd., Ste 915,
Dallas 75244
972-484-0829
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http://www.myirsteam.com
New Article by Nick Nemeth Details Some of the IRS Filing Requirements for 2014 Tax Returns
Texas based tax attorney, Nick Nemeth has published a new article covering some tax return filling requirements for those who are filing extensions. Taxpayers should still file their 2014 taxes even if they don’t owe any money. There are instances where they can qualify for a refund.