This is the next installment in the Reader’s Questions Series, which highlights questions emailed to me by you, the readers of Money Q&A. Be sure to find out at the end of this article how you can receive a free copy of Dave Ramsey’s book, The Total Money Makeover if I feature your money question on the next blog post. If you’re not familiar with Dave Ramsey’s book, you should run right out and get it. It’s one of the top ten best personal finance books you should read. Today’s question comes from … [Read more...] about Reader Question: What To Do If You Get Audited By IRS?
Internal Revenue Service
We’re in the thick of tax season, and if you’re having anxiety about handling what you owe whether personally or for your business, you’re not alone. You're not alone if you think, "I can't pay my taxes". If you’re expecting to owe a large sum to the IRS by the April 15th deadline, and know you’re not going to be able to pay off your debt, there are various ways to approach your situation. Filing Issues Even if you can’t pay what the IRS expects of you, you absolutely need to make filing a priority. While the date usually falls on April 15th, … [Read more...] about I Can’t Pay My Taxes: What Should I Do?