Nationwide Tax Consulting | Does IRS Send You to Jail for Not Paying Taxes By The Deadline?

Many individuals think if they do not pay taxes, IRS will send them to jail, and maybe they could try to run from IRS, which they can't, and they get in trouble. First of all, the IRS does not send you to jail because they are after your money and sending you jail will cost them dearly so they will never send you to jail.

If you cannot pay taxes by the deadline, don't worry and never make a mistake of running from the IRS as they will do everything to get the money that you owe them. If you cannot pay, you are not alone in the situation, and several individuals go through the same, but what is important is to report your income by filing taxes.

If your income doesn't match the bar of eligibility for taxes, you won't pay and if your income touches that bar, and you have expenses like purchased a home, paid your education loan, and even if you have paid medical bills, your taxes will be waived off. If your income is eligible for fees, and you cannot pay, then still IRS offers several programs for negotiation.

They can offer extra time to pay taxes by an extension, or you can also choose to pay in installments. IRS is even willing to settle to an amount that you can afford to pay and work for both the IRS and the taxpayer. All these available options depend upon your eligibility as IRS will not think the second time while rejecting your request.

If you are willing to go for such options, consider help from a professional tax resolution company such as Nationwide Tax Consulting so they can review your income and present you to IRS with the possible negotiations. Also, These individuals can reduce your tax bill and can increase refund, depending on your statement. Visit https://www.nationwidetaxconsulting.com for further information about the company.

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