Owing money on your taxes is never a fun thing to deal with. Most people just wish their tax bills will disappear, but to avoid future problems with the IRS, you should pay off those...
If you neglect to file a tax return, you will be surprised when the bill comes rolling around. You are not able to just skip filing a tax return one year because it didn’t fit...
Receiving a 1099 is not a joyous occasion and if you were not expecting one, then you may not be tickled to see it in the mail. A 1099 means that you owe taxes on income you have received....