I think one of the biggest fears that prevents people from filing their taxes is they either don’t have the money to pay or they’re in a bad financial situation. It’s important that they know that they still have to file a return in order to avoid late filing penalties. Eventually you can always work out a payment plan.
There’s very few situations where the IRS and/or New York State won’t work out a payment plan. You can always work it out if all the returns are filed.
Request a consultation today to discuss how our expert NYC accountants can help you meet IRS compliance requirements, minimize tax payments, and accomplish your tax goals.
