Why Do So Many People Fall Behind On Their Taxes?
According to the most recent data from the U.S. Internal Revenue Service, Americans owed over $131 billion in back taxes, penalties, and interest in 2018.1 Despite the threat of owing thousands of dollars to the U.S. government, millions of Americans continue to fall behind on their taxes.
Original Article Source Credits: Investopedia , https://www.investopedia.com/
Article Written By: BRIAN O'CONNELL
Original Article Posted on: Dec 12, 2020
Link to Original Article: https://www.investopedia.com/articles/personal-finance/021214/why-do-so-many-people-fall-behind-their-taxes.asp