Always Timely File Your Tax Returns

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Always Timely File Your Tax Returns

During times when the economy is slow many taxpayers struggle to pay their tax bills. One of the questions I get asked is: “Should I file my tax return late if I do not have the money to pay my tax bill?” My answer is never ever file your tax return late! The penalties for late filing are extremely expensive and almost impossible to pay off. Believe it or not penalties for late filing are 10 times worse than the penalties for paying tax late. Always, file the returns on time. The IRS and other tax authorities will work with you to get the balance paid. Members of our firm can help you deal with this issue.

2017-01-06T19:40:47+00:00 January 5th, 2017|Bills, Filing, IRS, Tax Returns, Taxes|0 Comments