There are few things in life more annoying and persistant than tax debt.
Tax debt can ruin your life. Tax debt will keep you up at night. Tax debt will ruin your credit. Tax debt will stop you from buying a house, and it will stop you from selling a house. Tax debt will bring IRS agents to your door. Tax debt will embarrass you at work when your HR Department receives a garnishment notice. Tax debt will make you want to switch bank accounts every few months because you never know if or when the money will be seized.
Tax debt grows like a weed. Failure to file, failure to pay, failure to withhold, interest and other penalties cause it to multiply. It is not uncommon for people to pay 50%, 60% or 70% more in tax debt than they owed in the first place.
A successful financial life can not begin as long as you have tax debt. Call Kansas City Tax Mediation today to set up a free, face to face consultation about how to get rid of your tax debt. Kansas City Tax Mediation: Let’s get through this together.