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Back Taxes Owed

You have filed your returns but didn't have the money to pay what was owed. You may think, "Oh well---I will catch up next year."

 

Before you know it you find yourself several years in arrears and suddenly there is a notice from the IRS, stating that you owe three or four times the original amount.

 

It's truly amazing how fast tax penalties and interest add up. Now you have a choice, you can write a big fat check and pay the full amount, including interest and penalties, or you can just keep ignoring them while the penalties and interest keep piling up.

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All is not lost, however. There are several options to resolve unpaid taxes in a way that should be financially manageable.

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Please contact us for more information on our tax resolution services.

© Michael A. Ross, CPA, P.C. All Rights Reserved.

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