What To Do If You are Struggling to Pay Your Taxes
Unexpected problems can affect your financial situation. Suppose you’ve received a large bill due to a broken basement pipe. Or maybe your roof is twenty years old and is ready for an upgrade. These costs can all eat into savings that might otherwise pay your taxes. When running a small business, any economic shifts can affect your revenue. When profits decline unexpectedly, you may scramble to cover your fixed costs, affecting your ability to pay your taxes.