As a Certified Public Accountant, I can offer the peace of mind that you deserve!
Every year, many Americans are given tax refunds by the Internal Revenue Service (IRS). Some people, however, owe money to the IRS but cannot pay the taxes all at once. Many people think that they can catch up eventually but are wrong. It is this misconception that causes frightening problems.
Unfortunately, life brings unexpected events such as medical problems, costly repairs, legal expenses, or job terminations. When life’s unexpected twists and turns cause financial problems for you and your family, you could suddenly find yourself wading in several years’ worth of outstanding taxes, sometimes even three to four times the amount that you were originally responsible for paying. You can only tread water for so long, and before you know it, your back taxes could cause you to sink underwater.
This scenario is all too common, and many individuals find themselves trying to paddle against the overpowering current of past due taxes. If you are struggling due to back taxes that you owe to the IRS, do not worry any more.