What to Do If You Cannot Pay Your Taxes?!
I prepared a video, something I intend to do more of, discussing the first thing you need to understand if you cannot pay your taxes: get current. Current compliance is very important when dealing with the IRS (and Maine Revenue too) and in this video I lay out why you should worry less about what you owe and more about what you are doing now to get right with the IRS.
In this video, I discuss:
- Why paying your back taxes first is a pathway to more problems
- How getting started on paying next year’s taxes will smooth the way for resolving your back taxes
- Why it is foolish to not file your taxes on time, every time, even if you cannot PAY NOW!
I am Maine’s IRS Problem Solver. My firm helps Maine taxpayers in trouble. If you or someone you know in Southern Maine wants more information on what to do if you cannot pay your taxes, please feel free to contact me directly at 207-502-7181 or by filling out my contact form. A Maine tax attorney can help you consider your options.
James D. Wade, Esq.
Law Office of James D. Wade
57 Portland Road, Unit 3
Kennebunk, ME 04043