Did you prepare or are getting ready to prepare your income taxes? If so, and you owe more than you can afford to pay, don’t make the mistake of not filing your income tax return. Even if you cannot pay or fully pay the taxes you owe, you still want to follow these tips:
- File the return. By filing the return, you avoid the failure to file penalty.
- Pay as much as you can. The more you pay, the less interest and penalties that you may have to pay later on.
- Don’t ignore the tax bill. Don’t forget to pay the taxes or contact our office for assistance. Just because you hide your head in the sand doesn’t mean the IRS won’t find you.
If you are having tax trouble, feel free to contact our office at 816-524-4949 or www.Hoorfarlaw.com.