A variety of circumstances can come together that make Tax Season
a very difficult and challenging time for many individuals and business owners.
With that understood, there is one action that must be taken. File
your Tax Return on time! Taking this seemingly simple step will save
much anxiety and some money.
For those who know they will owe taxes, but are unable to
pay the full amount, filing your Tax Return on-time is a very important step.
Not doing so may add special penalties and interest to your debt. If you pay
what you can at the time of filing, the Internal Revenue Service (IRS) will take this into consideration.
Remember that a tax filing extension is not an extension to pay tax
responsibilities. For help to make sure that you are in the best position when
dealing with the IRS, please consult
your Qualified Tax Professional.
Great tips and need to know information! Thank You!!!!
ReplyDeleteProperty Tax Consultant
Thanks for the feedback! Glad you find it helpful.
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