I’m 43, make about $62,000/year, and haven't filed taxes in 5 years because it’s such a stressful chore for freelancers — can I fix this without going to jail?
I can assume you’re laying awake at night wondering if you’ll end up in jail for not paying your taxes — and if it’s too late to fix it. One could argue that the stress of not paying your taxes (and ...
4 scenarios when it's a smart idea to extend your tax filing deadline to October
Taxpayers have the option to request a tax extension, which gives you six additional months to file your taxes.
What's the Worst Thing That Could Happen If You Don't File Your Taxes?
Failing to file your tax returns can lead to serious consequences. Worst case scenario, you can face jail time for ...
Yahoo Finance16d
I make $62K/year as a freelancer and haven't filed taxes in 5 years — can I fix this without going to jail?
I’m 43, make about $62,000/year, and haven't filed taxes ... Penalties include both a “failure to file” penalty (5% of your unpaid tax amount each month) and “failure to pay” penalty ...
Hoping to bring down tax bill? Even in 2025, you can influence last year’s return
Review and file an amended tax return: If after filing your taxes you discover missed deductions or credits for 2024 or ...
Do you have to pay taxes by April 15 if you file an extension?
But while an extension grants extra time to file your return, it doesn't necessarily mean you can delay payment. While ...