Why Haven't You Filed Your Federal Tax Return?

April 15th has come and gone...you didn't apply for anuntil you either file or get an extension approved.
extension with the IRS...so what are you waiting for!No extra money... In addition, since you didn't file your
Are you waiting for the IRS to send you a bill? Arereturn on time you will not be getting that economic
you hoping the IRS won't notice?stimulus tax check which the IRS will start issuing in
Face facts...not filing your tax return is like putting yourMay, so that's around $600.00 that you won't get to
head in the sand. Just because you can't see thesee.
problem doesn't mean it isn't still there, and this problemMoving forward...Hopefully you've gotten on the ball
gets bigger everyday you ignore it.and are getting your taxes ready to go right now, if
Why are you special? What makes you think youyou haven't I'll wait... Now let's say that you do have a
don't have to file your tax return? Maybe when youtax debt to the IRS. How are you going to take care
did your taxes you found out you would have a debt,of that?
so you're putting off that return. Let me tell you, if youKnow your options...The IRS as well as private tax
think you owe a lot of money now, give that tax debtresolution companies offer a variety of tax debt
time to simmer...you'll owe a lot more very quickly!settlement options depending on the following factors:
Find a solution... But enough of me chastising you, let's1. Your actual debt amount
figure out how you're going to fix this mess you've2. Your income
gotten yourself into.3. The combined value of any assets you have
First of all, file your taxes right now! If you don't think(homes, cars, recreational vehicles, etc...)
you're ready to file, apply for an extension untilTo take a look at a list of your options read the article:
October 15th, which is the latest date you can put off"Tax Problem Help: How to Give Yourself a Fighting
filing until. You will be responsible for any non filingChance"
penalties that have accrued to date which starts atNow you have the smoking gun...Use it!
5% per month and goes up to 25% of your tax debt