It may not come as a surprise to many Texas residents that people across the state have financial problems that prevent from doing certain activities. One matter that should not be avoided though, regardless of what a person's monetary situation is, is filing and paying taxes. As mentioned on previous posts here, there are many options available to people who are unable to pay their taxes on time, and none of those include avoiding filing taxes.
What do I need to know before my business’ first audit?
Before you owned your own business, tax season came with its complications. Now, with a new company, your taxes likely became even more difficult. There are many pieces to the puzzle, and it can be hard to know if everything is correct when you send it into the IRS.
What if you can't pay your taxes?
Federal and state income taxes surprise people every year. Even though Austin residents hear of tax credits, cuts, breaks and refunds, not all of them apply to everyone and many people end up owing a significant amount of money to the Internal Revenue Service. It is important to know that many people are not alone in this situation and there are options available to people to ensure they can pay their taxes without either accumulating a penalty.
