Being part of the duties of a responsible citizen, you are obliged to do your part in making our country and economy stronger and progressive by means of paying the taxes we are given the responsibility to fulfill, in accordance to our status and source of livelihood. Otherwise, if you tend to run away from such responsibility, you might end up facing lawsuits on tax evasion, and other related cases. Sure, they are complicated, but if you get behind on paying them, things can get even more complicated — and quickly.
But our situation nowadays is not the same as before, and it might take quite a long time before its gets back to how it used to be – normal. The crisis we have been facing has greatly affected all aspects of our society. Everyone stays at home. Businesses are forced to close and cease in operations. These are happening all for the sake of public health safety, it’s understandable. Get more interesting details about civil tax attorney check out this site.
But since businesses are affected by the crisis, you may be asking – how can we be able to fulfill our obligations as taxpayers if we haven’t generated any income recently? And what about our back taxes? Since the Internal Revenue Service (IRS) has changed some of its tax rules in accordance to the current situation, you will have more chance to deal with back taxes.
Getting Relief from Back Taxes Amidst Crisis
The Internal Revenue Service (IRS) just recently announced the most federal tax filing and payment deadlines from April 1, 2020, to July 14, 2020, are postponed to July 15, 2020. The postponements are automatic and apply to all taxpayers, giving you time for irs back tax relief. Tax relief is where your tax obligations are either reduced, postponed, or removed for a certain period of time for specific reasons.