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What to Do When You Can’t Pay Your Taxes

Woman who can't pay taxes

1. File on time. This can be the hardest step—and the most important. The IRS charges penalties for failure to file taxes and for failure to pay them. Avoid the late-filing fee, even if you can’t pay what you owe. 2. Contact the IRS to work out a solution. To talk with the IRS about […]

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Wondering What to Do with That Tax Refund? Ask Yourself: “What Keeps Me Up at 3am?”

1040 Tax Return: What to do with your tax refund

Seeing that last year’s average tax refund hovered above $2500  (though in Wisconsin it’s a little less), you may well be expecting a hefty check in the next few months. But before you start Googling “Vacations in Veracruz,” consider finding some better ways to spend your tax return. Especially if you’re among the 63% of […]