What kinds of problems can result from un-filed tax returns?
There is a 10-year statute of limitations on un-filed taxes, meaning the IRS has ten years to collect on back taxes. When you earn money and file during the 10-year period, the IRS will probably come after you for back taxes, adding interest and penalties accrued onto the original tax debt. The IRS sends reminders when taxes are not filed which may turn into levies on assets and wages.
