Can’t Pay Your Taxes?

Can’t Pay Your Taxes?
Dr. Friday Tax Tips - One Minute Mo...

 
 
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Dr. Friday 0:00
Good day. I’m Dr. Friday, president of Dr. Friday Tax and Financial Firm. To get more info, go to www.drfriday.com. This is a one minute moment.

What are you going to do when it comes time to have to file your taxes and you can’t pay? Do you just put the taxes in the drawer and say, “Oops, if the IRS doesn’t know, it won’t hurt them.” Personally, I think the answer is no. File your taxes on time. One reason is the time clock starts. That means the IRS will only have 10 years to collect whatever is collectible out on n that return. Two, it is better to go ahead and get ahead start making payments even if they’re partial payments than just let it ride. Next thing you know, liens, levees, and seizures are on the horizon.

Do you need help with getting the IRS straight? 615-367-0819.

Announcer 0:53
You can catch the Dr. Friday Call-In Show live every Saturday afternoon from 2 pm to 3 pm right here on 99.7 WTN.