How to Pay Back Taxes

Written by Seattle News Stations on . Posted in Owe back tax, Owe back taxes, Owe irs taxes

Owing back taxes

It seems that Americans are paying more and more taxes on more and more stuff each year. Everything from a deck of cards (which has a ten cent tax in the state of Alabama, by the way) to soda (if ever in Chicago, keep in mind that soda in a bottle is taxed at merely three percent, while fountain soda is taxed at nine).

To add insult to injury, each April, most of us groan with disdain for the annual filing of our income taxes. Not only can tax forms be overwhelmingly complicated (the 1040EZ, which is supposed to be simple yet has more than 33 pages of instructions!), but they also include the standard deductions, qualified deductions, tax rate charts; it is enough to make you want to throw your hands up in the air and cry.

So what do you do if you are targeted for an audit? And what if you find yourself ow