Filing your taxes can be stressful, but it’s an important part of life in America. Although you might be able to get away without filing your tax return for a few years, the potential consequences aren’t worth the risk. You could face stiff fines and financial penalties, have your wages, assets, and property seized, and might even spend time in prison.
Even if you are behind on filing for a few years, it’s best to file them as soon as you can. You should consult with a tax professional about various programs and options available to you for repayment. At Coast One Financial Group, we will explain your options and help you decide the best path forward to a healthy financial future.