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A common reason that leads to serious consequences such as imprisonment and penalties is not filing. It is the first step to keeping yourself safe from trouble. Many people say that they completely forgot about taxes and some of them were too lazy, and procrastination becomes the root of the problem. In all these cases, it is evident that you should be afraid of the IRS. —Hit the Like & Repin button if you don't mind!
If you file a return and cannot pay the income tax due at the time of filing, that is a far different scenario than simply filing your taxes after they are due. Hit the Like & Repin button if you don't mind!