If the IRS is contacting you because you owe outstanding taxes -- maybe your business had a banner year and you didn’t put aside nearly enough to pay, for instance -- you may feel like the total is a bit daunting. How can you possibly pay it all back at once? If you...
Month: February 2021
What are the benefits of filing taxes quarterly?
Filing taxes can be frustrating, especially if you wait until the start of the New Year to go back and look at what you owe. If you run your own business, it’s a good idea to file your taxes quarterly, and the government may actually ask you to do so. Paying your...
Does the IRS want to put you in jail?
When people find out that the IRS has discovered some significant issues with their taxes, their first thoughts are usually fairly bleak. They assume that things are so dire that the IRS is going to put them in jail for tax fraud. Maybe they’ve just heard too many...