It could become a huge burden for your financials when penalties and interest build up on your delinquent back taxes. People usually get surprised on how high these penalties and interest can get.
If you owe money and you're unable to pay it in time, you will receive interest and penalties on your outstanding balance and in many cases this adds up to a point and you're never able to pay back your taxes. Although there is a way in which you can remove the IRS charges and interest and lower the tax amount you owe. Please call us and talk to one of our tax specialists and find out how we can negotiate in your favor and remove your penalties and interest.