What to Do If You Can’t Pay Your Taxes

Reported 3 days ago

If you find yourself unable to pay your taxes this season, it is crucial to file your tax return or request an extension, as hiding from the IRS can lead to penalties and interest. Communicating your financial situation can help avoid severe consequences such as wage garnishment or liens on property. Tax assistance resources like Volunteer Income Tax Assistance (VITA) can help you navigate extensions and payment plans. Remember, the IRS is willing to work with you if you reach out.

Source: YAHOO

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