You have probably heard the warning many times in your adult life not to sign something you have not read. Nevertheless, most people will admit that they do so frequently. Someone pushes a paper across the desk or counter, gives a synopsis of the contents and points to the line where you should sign.
With tax season rapidly coming to a close, you may still have many worries regarding your personal taxes. Any time you have to deal with the Internal Revenue Service, you may feel a twinge of anxiety, even if you feel that you have done nothing wrong. In fact, many people commonly fear that they will face a tax audit.
As the owner of a Missouri business, one of the most burdensome tasks you must oversee is the paying of taxes to the federal government. You may deal with sales tax, property tax and income tax, as well as taxes that are specific to your product or service. However, the IRS may be most concerned about receiving your share of payroll tax.
Are you among the many Missouri residents who feel as though the IRS holds all the cards? No one likes paying taxes, but most everyone (perhaps resentfully) understands that it's a necessary evil. The problem is that it feels as though the IRS has unlimited power to wreak havoc on your life if you can't pay your tax bill.
Before he became a near household name, Anthony Bourdain had tax problems. For more than 10 years, the well-known chef, author and television host failed to pay his taxes in a timely manner. Like most people in that position, he was concerned. But, then a career shift he took also woke him up about finances.