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Federal Income Taxes

Collection agencies, hired by the IRS (Internal Revenue Service), contact tax dodgers about their unpaid tax bills. The agency expects its private contractors to collect $1.4 billion in outstanding taxes during the next 10 years.

Staying out of tax trouble by paying your taxes, whether current or delinquent, requires knowledge and planning. If you are employed by someone other than yourself you can have your taxes taken out of your pay and file for a refund at the end of the year. If you are self employed saving money for taxes must be a necessary part of your budget. If you don’t pay your taxes the IRS will give you a call.

Taxpayers, even those delinquent ones, have rights. If you owe the IRS back taxes being informed about those rights is essential because the IRS can garnish your wages, your savings and/or your social security checks.

Handling your taxes requires good information and honest advice. Read more by browsing this website and by clicking on the article links to the right or…..

If you would like to TALK TO A PROFESSIONAL from a Financial Education Consortium organization please click the button to the right.  Most organizations offer free or low-cost help from caring counselors who can assist you in determining what steps to take next.

Remember….You Control Your Money!


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Helpful Articles on Federal Income Taxes

 

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