You Can’t Ignore Your Tax Return – Federal or State

August 2, 2009 by admin  
Filed under Income Tax, Tax Debt

IRS Tax Forms

Why do people think they can avoid their tax return at a federal or state level? Your house taxes come out with your mortgage, you buy something, you pay sales tax, but yet we balk at having to file a tax return, federal or state.

Yes, I know, when income tax was introduced during the Civil War, it was meant as a temporary measure to help fund the war effort. But now that it’s been almost 150 years, I don’t think income tax is going anywhere anytime soon. Our country’s economy relies on income tax to run, so you can’t avoid filing a tax return – federal or state.

Both state and federal tax agencies will levy penalties and charges if you either don’t file your tax return, or if you file but don’t pay the amount you owe. Picking and choosing is not an option here – you need to make sure to file both tax returns, federal and state.

Since taxes only come around once a year, you might be tempted to make other, more recurring bills a priority. And while I can see the argument that paying the electricity bill is important too, but by not filing a tax return, federal or state, you risk ruining your credit rating, which will make your life very difficult. The IRS can put a lien on you that will make you unable to get any kind of credit.

In order to avoid these problems, you need to get help with your tax return, federal and state, from a reputable tax service. With over 50 years of experience, they can tell you how you can file your tax return, both federal and state, and help you to arrange payments for whatever you owe.