Why Do So Many People Fall Behind On Their Taxes?

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According to U.S. Internal Revenue Service data, over 14 million 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.

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Original Article Source Credits: Investopedia , https://www.investopedia.com/

Article Written By :   BRIAN O'CONNELL

Original Article Posted on : Apr 9, 2020

Link to Original Article:  https://www.investopedia.com/articles/personal-finance/021214/why-do-so-many-people-fall-behind-their-taxes.asp

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