Filing Extensions And Taking Other Steps To Avoid "Lost Return" Troubles
The chances of a tax return being lost in the mail or, upon receipt, lost or misplaced by the Internal Revenue Service are rare. While remote, the possibility of the return being lost does exist and could happen. Self-employed persons could end up facing accusations of "failure to file" if there is no record of a submitted tax return. As time passes, the IRS may file a "substitute for a return"