Dear
Michele,
As they say, there are only two sure things in life and those are Death and
Taxes. I observed that you don't really make so much sales in a year and
before you know it, you may even be exempt to pay your personal taxes.
However, in this country, Tax Evasion is a crime and Failure to file your
Income Taxes is subject to penalties. So, before the problem becomes greater
than it is right now, I suggest that you consult IRS and your local
authorities. Ask what they can do to help you solve the problem. You can visit
the IRS website at http://www.irs.gov/ or
call the nearest IRS office at your location.
If you are in business, sooner or later they may catch up with you and then
your penalties may have gone sky-high. Go and tell them your predicament.
Don't be afraid. They only want you to pay your taxes (if any) and if there is
none, then you can go forward and start taking care of your books.
You are the only one who can straighten it out. Don't rely on anyone who
will tell you that they can solve your problem and then charge you a lucrative
fee. You might lose your money and still owe the taxes.
Good luck!
About
the PowerHomeBiz.com Guide:
Nach Maravilla is
the Publisher of Power Homebiz Guides. He has over thirty years
experience in sales and marketing of various products, which
covered as he jokingly describes, "from toothpicks to
airplanes" He also had extensive experience in
International trading and he always excelled in special promotional
ideas for retail outlets.
The opinions expressed in this column are
those of the author, not of PowerHomeBiz.com.
Users
should not treat the Guide's response as legal, accounting, or
professional advice as all answers are intended to be general in
nature. Such advice can only be properly given by qualified
professionals who are fully aware of a user's specific geographical areas or circumstances, such
as
an attorney or accountant.