Finding out that you owe taxes can be a bit unnerving, especially if you owe more than what you expected. Don’t worry — it is not the end of the world if you’ve gone through the numbers and you’re left with a tax bill. Here are a few steps to take:
Get Ahead of It
You can’t run from the IRS. They will eventually find you, and they’ll eventually come looking for their money. If you don’t pay, interest and fees can increase the amount you owe so it’s better to make some decisions about the bill now instead of putting it off.