“Failure to File” Syndrome Becoming More Common

“Failure to File” Syndrome Becoming More Common

John Alan Cohan, Attorney at Law

Cattle Today

A surprising number of people have not filed tax returns for three years or more. Eventually, they realize the IRS will catch up with them. Research shows that most non-filers are financially sophisticated, successful professionals, including attorneys and accountants. Non-filers are often workaholics. They realize they will ultimately be discovered, and they know there will be financial penalties from failing to file.

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