In the best of times, most taxpayers dread the tedious task of compiling their financial records, tax documents and filing their taxes. However, if you believe you will owe taxes and are unsure of where the economy in a week from now, much less a year from now, you may be tempted to attempt to hide from the IRS.
Penalties - An Important Reason To File … (2 comments)
irs problems dallas tx: IRS Currently Uncollectible In Dallas? File an Offer In Compromise!
- 10/24/19 06:52 AM
There are times when I have taxpayers come into Dallas, TX tax office, who are experiencing difficult financial times, often through no fault of their own. Perhaps they’ve had a death in the family, lost their jobs for an extended period of time, or have had medical issues which have put them in financial straits, and as a result, they have IRS debt. Often, these taxpayers will qualify as Current Uncollectible with the IRS, since they do not have sufficient income to meet their allowable living expenses and do not have assets that the IRS has determined it can levy.
With all that’s going on in the world, the negative impact on businesses and the layoffs of W-2 workers, it can be tempting to put off filing your taxes, particularly if you will owe taxes. 
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