No one wants to think about paying taxes. The idea of owing money can lead to tax anxiety. It can be even worse if you think you owe money for back taxes. You see a new tax bill coming up, and you still owe money from previous years. The stress of it can feel suffocating.
As much as it can be stressful, tax debt is a problem you need to face head-on. Trying to push it to the side will only make matters worse. There is also a lot you can do to manage the situation if you just pay attention to it. If you are responsible and do your best, there is usually a lot you can do to clear your back taxes.
What are your options for handling tax debt? Read on to find out! [Read more…]