The date to file federal taxes is in just a few days. For those procrastinators out there the IRS forms are available for download. The IRS is no longer mailing tax packages to individuals and businesses. All the information anyone needs is online, including the actual forms and instructions. Since it’s down to the wire everyone who hasn’t filed yet will have to get on the ball.
There are tax credits available for the self-employed, adoptive parents and college students but not for the unemployed like last year. Delaying your taxes or avoiding them may necessitate a tax lawyer. For a person who owes the Feds money any delay in paying or just refusing to file will cause serious problems down the road.
The government can put liens on property and assets of those businesses or individuals who don’t pay their taxes. If that should happen, a tax attorney can be the only person to alleviate the problems a business or individual faces by not filing on time or avoid the tax bill all together. Even though many corporations like General Electric, Verizon and Bank of America have been able to evade taxes through the many loopholes most people aren’t immune to prosecution. With a tax lawyer the problems facing delinquent tax payers can be minimized. If a person avoids their taxes the Feds will eventually catch up and the penalties will put a person in a dire situation.