What happens if you don’t pay your taxes?

What happens if you don’t pay your taxes?

Tax Payment: Why Ignoring It Can Cost You More At some point everybody wonders what what will happen if they don’t pay their taxes. There are always consequences in society when rules and laws are broken. These consequences exercise justice and help society stay in...
Common Tax Forms Explained: W2, 1099MISC, and W9

Common Tax Forms Explained: W2, 1099MISC, and W9

Tax Form Essentials: W2, 1099MISC, W9 Explained Filing Form W-2 The due date for filing 2018 Forms W-2 is January 31, 2019 whether you file electronically or using paper forms. You may request one 30-day extension to file Form W-2 by submitting a complete application...
How to setup a payment plan for your taxes?

How to setup a payment plan for your taxes?

Setting Up Your Tax Payment Plan: A Complete Guide The IRS doesn’t care how they are paid. They will go through hoops to ‘help’ you pay them. You can take a personal loan, or even charge a credit card right on their website to pay in full. Sometimes paying in full is...
How long should I hang on to my old tax records?

How long should I hang on to my old tax records?

Tax Records Retention: What You Need to Know While this is a straightforward question, there is a standard answer for most people, but others may have reasons to hold onto their records for longer. The easy answer for IRS purposes is 3 years. All you need to do is...
How To Get a Copy of Previous Year’s Tax Information

How To Get a Copy of Previous Year’s Tax Information

Simplifying Tax Access: How to Find Last Year’s Info It may be that you haven’t filed in two years, or forgot about that job you worked, or many other reasons – but you need to get tax information from a year or more ago… and you don’t have it. What are your options?...