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Posted On November 16, 2012

Nevada back taxes: Tax debt notices can come years later

No matter how meticulous Nevada residents may be about their taxes, sometimes errors can happen that result in a shocking tax bill. One man is experiencing that after receiving a notice from the state about back taxes from almost 20 years ago. The man denies owing any money and said if they were to try to get the money from his accounts now, it is possible he could be financially wiped out.

The bill is for over $6,000, much of it in interest and penalties. The state claims the man failed to pay his taxes 17 years ago, and unfortunately the man has no record of the tax payment he says he gave to the state. Bank records that could prove the payment don’t go back far enough, and his accountant has passed away.

California has offered the man a payment plan to help with the back taxes they claim he owes, but there has been no word on whether the man will take the offer. Unfortunately this is not the first time someone has heard about a tax bill from years ago. People in Florida, New York and elsewhere have received big surprises when decades old tax bills have landed in their laps.

This man may have legal options available to him to fight against the back taxes. It may be in his best interest to keep trying to find his records and also ensure he knows his legal rights. Being surprised with a high bill, especially one this old, can be shocking and can sometimes financially devastate residents of Nevada or anyone in another state who may be affected.

Source: The Huffington Post, “Bill Elkins, California Man, Slammed With 17-Year-Old Tax Bill (VIDEO),” Allie Compton, Nov. 1, 2012

author-bio-image author-bio-image
Taylor L. Randolph

Taylor L. Randolph, the founder of Randolph Law Firm, P.C., located in Las Vegas, Nevada. He focuses his practice on bankruptcy, foreclosure prevention, and IRS tax problems. An award-winning attorney who is admitted to practice before the IRS nationwide, Taylor excels in the representation of individuals and businesses who are facing legal challenges.

Years of Experience: Nearly 20 years
Nevada Registration Status: Active

Bar & Court Admissions: Nevada State Bar Association U.S. District Court District of Nevada, 2006 U.S. Supreme Court, 2006 U.S. Tax Court, 2006

author-bio-image author-bio-image
Taylor L. Randolph

Taylor L. Randolph, the founder of Randolph Law Firm, P.C., located in Las Vegas, Nevada. He focuses his practice on bankruptcy, foreclosure prevention, and IRS tax problems. An award-winning attorney who is admitted to practice before the IRS nationwide, Taylor excels in the representation of individuals and businesses who are facing legal challenges.

Years of Experience: Nearly 20 years
Nevada Registration Status: Active

Bar & Court Admissions: Nevada State Bar Association U.S. District Court District of Nevada, 2006 U.S. Supreme Court, 2006 U.S. Tax Court, 2006