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Tax Oct 2011- "Back Taxes – What Do You Do?"

Tax Oct 2011- "Back Taxes – What Do You Do?"

Tax Oct 2011- "Back Taxes – What Do You Do?"

Excerpt


Back Taxes – What Do You Do?



You’ve had a great day. Everything went right at work. You finally landed that new account you’ve been chasing, and you found $20 in an old pair of pants. Things have certainly gone your way; until you get home, look through your mail and find a letter from the Internal Revenue Service. When you open it, you find a bill for $24,713.65 in back taxes, penalties and interest. What do you do now?


 


 



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