Can’t Pay Your Taxes? Here’s What to Do (@MattAboutMoney @MONEY)

In the last few weeks, many Americans had the displeasure of finding out they owed income taxes. Some found this too surprising, and are not sure how to proceed, as they do not have the funds necessary to pay them. If you've found yourself in this situation, read this article by Matt Bell, which has good advice on the best steps to take.

Full article at Money Magazine

"There are two distinct aspects involved in paying taxes: filing your return and paying it. Not filing your return on time and not paying what you owe come with different ramifications. It may surprise you to know that if you don’t file your return on time, even if you can’t pay all that you owe by April 15, you’ll face the biggest penalty."

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