Testimonials

  • Six years is a LONG time not to pay taxes, and I knew better. I just thought that if I filed some years without paying then the IRS was going to come after me.
  • The fact that I found you on the radio is a true testament to the fact that there is a God who watches over us...
  • When it comes to IRS representation, there are the men and there are the boys, and Travis Watkins is "the man" if you have witholding issues...
  • I visited with another lawyer before I came to see Travis Watkins. I got this heavy salesman feeling, like I just walked on a car lot...
  • I was recommended to Travis Watkins by my son, Michael, an excellent attorney himself in OKC...
  • I hired another firm before hiring the Law Office of Travis Watkins. Big mistake...

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How to Protect Yourself from IRS Late Penalties! My secrets revealed! You are going to want to read this...

As you may have realized, the IRS is big on timeliness. They set deadlines for everything! They set deadlines for filing tax returns, deadlines for paying tax, and deadlines to provide financial documents in most instances when a taxpayer owes back taxes. And if their deadlines are not met, they will come down on you like a hammer- hammering you with penalties and interest until you are so far into the ground it is even harder to pull yourself out. So how do you avoid this mess?

I'm going to tell you my secrets, but first, I'd like to explain how the system works with respect to timeliness of filing tax returns and paying tax. If you file on time, but don't pay the tax due, you will be hit with a penalty of ½ of 1% of the tax owed each month. It keeps increasing until the tax is paid, or until the 25% maximum penalty is exhausted. The penalties plus the tax owed is called, "the assessed tax" and then interest accrues on top of that! Then, if you don't file on time, and don't pay, the punishment is even worse: you face a late filing penalty of 5% of the tax owed. Interest compounds daily on top of the penalties plus the tax owed This is how tax problems get so out of control.

So how does one protect themselves from these harsh IRS penalties? Well, I'm going to let you in on a couple of secrets. Number one: always file on time, even if you can't pay. Many people are scared to file when they owe more than expected and can't afford to pay, so they don't file at all. This is the worst thing you could do. Go ahead and file. The IRS will send you a bill. This way you won't face a bigger penalty for not filing, too.

Also, the IRS is notorious for losing tax returns, and occasionally losing other important documents, and even payments, so how do you prove you are not to blame? Secret number two: always mail everything that has a deadline certified mail, with a return receipt. The certified mail will be postmarked with the mail-out date showing that you met the deadline. The return receipt will provide proof that it got to its destination. This is the best possible way to ensure protection from government disorganization and from harsh IRS penalties.



Travis W. Watkins, Attorney at Law, helps those facing tax problems and IRS liens all over Oklahoma and the metro area, including: Oklahoma City (Oklahoma County), Norman (Cleveland County), Edmond (Oklahoma County), Tulsa (Tulsa County), Lawton (Commanche County), Midwest City (Oklahoma County), Moore (Cleveland County), Enid (Garfield County), Stillwater (Payne County), Yukon (Canadian County), El Reno (Canadian County), Mustang (Canadian County), Guthrie (Logan County), Shawnee (Pottawatomie County), Broken Arrow (Tulsa County)