St. Louis MO: Want a Payment Plan with the IRS? Pay your Estimated taxes.
By Steve Shapiro, Tax Professional helping taxpayers
(Arch Tax Resolution)
I represent companies and individuals in the St. Louis, surrounding areas and the state of Missouri who have IRS and State Tax problems that include unfiled tax returns and past-due taxes. In order to obtain a payment plan, there are two things that are mandatory with the IRS.1. All Returns have to be filed.2. Estimated tax payments must be paid during the year or the IRS isn't interested in talking to you. To this day I am perplexed as to why self-employed people don't seem to understand that they are expected to pay their taxes on a quarterly basis. There is this misconception that Americans believe they can file their tax return at the end of the year and just pay the taxes then.That isn't how our tax system in this country works. Our tax system requires that taxes are to be paid to...
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