Instead of adequate a tax acquittance this year, you are afraid to acquisition that you owe Uncle Sam. Even worse, you do not accept the money to pay these abruptness taxes. What can you do?
One affair you absolutely do not appetite to do is avoid the tax bill. That will abandoned accomplish your bearings worse in the continued run as you arbor up fees and penalties. Accomplish abiding that you book your taxes on time and accept one of the afterward options.
In general, your best bet to absolute the accident is to acquaintance the IRS afore the filing date and pay whatever you can at the approved filing borderline to abbreviate the damage. Investigate the options aloft to see which one best fits your situation, and do not avoid the problem. Do not apprehend the IRS to aloof go abroad and leave you alone. It won’t happen.
Originally Posted at: http://www.moneytips.com/you-owe-taxes-but-cant-pay-the-bill
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