In this episode, Jeff discusses:

• Tax filing and procrastination
• Why do people avoid filing taxes?
• How to get back into the IRS' good graces

Key Takeaways:

• A tax extension does not extend the time to pay the bill, so ignoring them or procrastinating will only lead to more fines, more penalties, and more stress.
• Various reasons exist why people fail to file their income taxes, but whatever your reason is, the IRS wants you to be compliant and pay the taxes that are owed to them. There’s so much to lose if you don’t file your taxes.
• Maintain compliance and stay up to date - the longer it takes, the harder it will be for you to locate the documents you'll need to complete these income tax returns, and the longer you wait, the more expensive it will be to get you back on track.

“Nothing good is going to come from not getting caught up on your tax." —  Jeff Hockett

Connect with Jeff:

Website: https://www.hocketttax.com/

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