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Wealth Wisdom Blog

Pay Back Taxes Before the IRS Finds You

August 24, 2009 | Subscribe to our RSS Feed

Senior Tax Partner Steve Albert featured in Baltimore Sun on 8/23/09 in “Pay Back Taxes Before IRS Finds You” by Eileen Ambrose.

“Maybe you purposely underreport your income to the IRS or have gone along for years without filing a tax return. Or, you made a mistake significantly in your favor on the return and never fixed it.

Whatever the case, it’s not too late to make it right with the IRS. Uncle Sam prefers that you voluntarily come forward and pay what’s due rather than having to track you down or, in serious cases, prosecute you. And while you’re at it, you might need to make good on state taxes. Fortunately for Marylanders in tax arrears, the state is launching an amnesty program next month.”

To view full article, click here.

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