Why So Many Americans Owe Money To The IRS (And How To Get Out Of It)
In 2021, over 8 million taxpayers owed the IRS back taxes. And, due to the current economy, this number is only predicted to increase. So, why do so many taxpayers owe money to the IRS? And, more importantly, what do you do if you owe back taxes?
5 Main Reasons For Owing The IRS Money
1. Failure To File
3. Failure To Pay Estimated Tax
4. False Tax Return
5. Tax Return Changes
How To Find Out If You Owe Money To The IRS
What To Do If You Owe Back Taxes?