This is actually a continuation of a previous post, but what I thought was just concerning 2017 has become much more.
TP has not filed his 1120-S nor his 1040 for three years and did not get an extension for 2017.
He originally, only asked me to file his 1040 and leave off the K-1 and amend it later. Now I find out he hasn't filed either return for three years.
How do I advise him? He can't get his books in order to file the 1120-S, however he says it is now shut down. Should I advise him to file the 1040 for all three years and file the form that discloses the fact that the K-1 is missing? He thinks it will net losses in all 3 years.
Not sure how best to move forward, but I know not filing at all is not the answer.
Thanks, to all for all the input.