Nationwide Tax Consulting

No one desire to pay taxes, but there is no other way. Running from the IRS without paying taxes is impossible as they will do any possible thing to get the money you owe. Delaying filing or if you consider not to file and pay, which is not possible, will only result in penalties such as failure to file and failure to pay, which means it will only add more money to the amount of your taxes. IRS cares more to get taxes filed as here an individual or a business will report their income and taxes and then it's decided whether your income is eligible for taxes or not. Also, If someone is failed to file taxes before the deadline, IRS will add interest of 5% to the amount you owe and will keep adding since the day or month you do not file. So even if you are not able to pay, consider filing taxes before the deadline so it doesn't add further to your taxes. IRS also charge with failure to pay penalty, and they only penalize if a taxpayer doesn't negotiate with them in the propos

It's not unusual when someone cannot pay taxes so if you are in such a circumstance, do not think you are alone in this as many individuals or businesses go through this and there are many possible solutions shared by Nationwide Tax Consulting, a renowned tax resolution company in Florida. First of all, do not try to run away from IRS in case you can't pay the taxes, because there is no way, you can follow. So drop such ideas from the mind, and follow the procedures allowed by IRS. At first, IRS required you to file the taxes, and whether you pay or not is completely dependent upon the filing. After filing, You find out what you owe to IRS and then there are many possible solutions to overcome the problem. Offer-In-Compromise: When you are not willing to pay the amount you owe or IRS claim, you can go for offer in compromise where both sides agree on an amount that works for both of you. But here you will pay the whole agreed amount right away. Extension: Another possible met