RISE BUSINESS SOLUTIONS

The Internal Revenue Service highlighted several resources to help taxpayers who missed the April 2025 federal income tax return filing deadline and owe taxes, interest and penalties. 🤔🤔

Taxpayers who owe taxes should file their tax return and pay as soon as they can. Interest and penalties will continue to accrue on the owed taxes until the balance is paid in full❗️❗️

Even if a taxpayer cannot afford to immediately pay the full amount of taxes owed, they should still file a tax return and pay as much as possible. 💰💰

Need help? DM us now for assistance! ✨

We’re already halfway through 2025—can you confidently say your tax plan is still working for you? 🤔

Now’s the perfect time to review your strategy, make adjustments if needed, and stay ahead before year-end sneaks up. 😉

DM "MIDYEAR" for assistance! ✨

Did You Know...

🗣The IRS Can Legally File Your Taxes FOR You… Without Your Input!

Most people don’t realize this, but if you fail to file your tax return for multiple years, the IRS has the authority to file one on your behalf—but not in your favor. It’s called a Substitute for Return (SFR), and it’s as scary as it sounds.

When the IRS does this, they won’t include any deductions, credits, or exemptions you might qualify for. They won't call you and ask you about your tax year.

➡️They’ll calculate your taxes based on the HIGHEST possible liability, and send you a notice in the mail with your new proposed balance.⬅️

And once they assess the tax? They can start collecting immediately—garnishing wages, seizing assets, or freezing your bank account.

The government won’t wait for you to do it right.

They play the long game.

Stay ahead of them--

File. On. time.

- With love,

LaShaun Adesimilolu EA