Past due taxes are any taxes that remain unpaid after the filing deadline of April 15th. Individuals can find themselves in the position of owing past due taxes for many reasons; from an from an unexpected illness that prevents an honest person from timely filing their return to the career criminal who has never filed [...]
Filed under: Unfiled Taxes | Comment (0)
Having unfiled taxes when you owe the IRS money is a very serious situation. Unfiled taxes are the quickest way to get very large tax penalties and in some serious trouble. The IRS does have the power to enforce some very harsh punishments on individuals but it is not standard practice for them to do [...]
Filed under: Unfiled Taxes | Comment (1)
After a disaster it is safe to say that bills and other expenses can begin to add up fast. In this case, you need to know where you stand from a tax point of view. Believe it or not, there are many tax relief options for disaster victims. If you do not take full advantage [...]
Filed under: Tax Help, Tax Law Changes | Comment (0)
If you requested an extension on filing your 2008 taxes you were suppose to have filed by October 15th. If you missed the October 15th tax deadline and still haven’t filed that is ok, you can still file but you will likely face some penalties. The sooner you file, the fewer penalties you will receive.
Filed under: Filing Taxes | Comment (0)