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The Dangers of Not Filing Your Taxes
Even if you can’t afford to pay them, the consequences of not filing your taxes are exponential.
With the economy at an all time low, people are wondering how they’re going to pay their taxes this year; as a result, many people may choose not to file their taxes. Tax attorney Nick Nemeth is encouraging people to file regardless.
“Every month you don’t file, your penalties continue accruing until it caps at 47.5%,” said Nick. “To put that in perspective, if you owe $10,000 and you don’t file, after 5 months you could owe over $12,500 in taxes and penalties. This doesn’t even take into consideration the interest. Everyday that you put off taking care of your IRS problem only makes it worse”.”
If you file and are in the “Non-Paying”
With over 15 years of legal experience, Nick is dedicated to informing taxpayers of the consequences they may face while dealing with the IRS.
Nick Nemeth is the Founder of The Law Offices of Nick Nemeth, PLLC, a law firm dedicated to helping individuals and businesses resolve a wide range of IRS issues. Nick brings fifteen years of legal experience to those who truly need it. Nick’s ultimate goal in his practice, for any of his clients, is to provide efficient, cost-effective legal representation.
For more information on this topic, contact Andrea Scott at email@example.com.
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