Catching Up After Disruptions
Storms, layoffs and busy contracts can leave Corpus Christi taxpayers behind on filings. We see households that stopped filing after a hurricane, condo owners who never filed hotel tax, contractors with unpaid payroll taxes and small companies that missed franchise tax reports. BOMCAS helps Corpus Christi clients catch up remotely.
Texas penalties and voluntary disclosure are explained on the Texas back taxes page. Here we cover coastal catch-up work.
Returns Missed After a Storm
The IRS usually postpones deadlines for residents and businesses in federally declared disaster counties. Returns filed within the postponed period are not late. Taxpayers who missed filing beyond that period can still request penalty relief based on reasonable cause, such as lost records or displacement. Reconstructing records from bank statements, insurance claims and third-party forms is often possible.
Unfiled Hotel Tax
Owners who rented condos or houses directly to guests, or through platforms that did not collect all taxes, may owe state and city hotel tax for past stays. The Comptroller offers voluntary disclosure for state tax, which can limit the lookback period and waive penalties. We gather booking records and file the missing reports with the state and city.
Contractor Payroll Problems
Contractors who grew quickly for a turnaround or project sometimes fell behind on payroll deposits or misclassified workers. Trust fund penalties can make owners personally liable for withheld taxes. TWC may assess taxes and penalties for missed reports or misclassified workers. We reconstruct payroll, file missing returns and arrange payment.
Franchise Tax and Forfeiture
Companies that miss franchise tax reports face penalties and can lose their right to do business in Texas, which may make officers and directors personally liable for some debts. We file missing reports and request reinstatement.
Unreported Rotation and Out-of-State Income
Workers who earned wages in Louisiana or other states sometimes never filed returns there. Those states can assess tax using employer reports. Filing late returns with credits for withholding usually reduces the balance.
Property Tax
Property taxes unpaid after January 31 accrue penalties and interest and may be referred to collection attorneys. Owners whose property was damaged in a disaster may be able to pay in installments. Homeowners over 65 or disabled may defer collection.
Disaster Payments and Grants
After storms, some households received FEMA assistance, insurance payments or Small Business Administration loans and were not sure how to report them. Qualified disaster relief payments are generally not taxable, and loan proceeds are not income. Insurance payments that exceed the basis of destroyed property may create a gain that needed to be reported or deferred. We review the paperwork and amend returns where needed.
Unpaid Balances and Collection
Once returns are filed, the IRS offers payment plans, and individuals who owe up to $50,000 can usually set one up online. Those facing financial hardship can ask for collection to be paused or apply for an offer in compromise. The Comptroller and TWC have their own payment agreements for state taxes. We prepare the financial information each option requires.
Our Process
- Request IRS and state records.
- Rebuild missing records.
- File missing returns and reports.
- Request penalty relief.
- Set up payment plans.
Corpus Christi Back Taxes and Late Filing Questions
Are returns late if a hurricane delayed them?
Not if filed within the IRS postponement period for declared disaster counties.
Do I owe hotel tax on past condo rentals?
Possibly, if taxes were not collected. Voluntary disclosure may limit penalties.
Can I get penalty relief for lost records?
Reasonable cause relief may be available for records lost in a disaster.
What happens if my company forfeits?
It loses the right to do business in Texas until reinstated.
Talk to BOMCAS About Back Taxes and Late Filing in Corpus Christi
Once you are current, bookkeeping, payroll and sales and hotel tax filings keep you there, and business and personal returns stay on schedule. Planning prepares for storms and slow years, and cross-border tax covers foreign forms. The same Texas rules apply inland and on the coast; our state pages on business tax, personal tax, sales tax, bookkeeping, payroll, planning and cross-border tax explain them, and the Texas overview brings them together.
A few lines about your Corpus Christi company, rental or household are enough for BOMCAS to suggest where to begin and which records a quote would need. Write through the contact page or the form below, call 780-667-5250 or email info@bomcas.ca. The full list of Corpus Christi services is on the Corpus Christi overview. This page is general information only and not advice for your circumstances.