Taxes have always been a sore spot for most citizens. Luckily things like federal tax extensions and federal tax help exists. There are also laws in order to protect people against the harsher terms of taxes, and there are ways of avoiding debt when it comes to taxes as well.
Tax payers who owe a lot of money to the IRS have many things to fear, but the worst is the tax levy. This is, under United States Federal law, an administrative action by the IRS that allows them to seize property to satisfy a lax liability without going to court. However, the Fifth Amendment of the Constitution protects this by forbidding the government from taking property without due process of law.
Without help like this, taxes were a serious problem. Before 1776 the American Colonies were subject to taxation without any sort of rules by the United Kingdom. There were no federal tax extensions and no services offered to assist with repayment. Now, the Cato Institute estimates that there are 102 million tax prepares in the country and with that, many ways to help.
Tax problems are frightening for everyone. Worrying about owing money or getting a home taken aware are serious issues that can become reality just by not paying attention financially. Since tax aid is offered everywhere, people should become aware of what is offered to them so they can make smart decisions.
Being in debt to the IRS is dangerous, so making sure to be on time with taxes is a must for avoiding this. If tax problem help is offered, utilize it. Getting a federal tax extension is just one way to do it, but by simply being on time with taxes and paying what is due a person can remain debt free. More. See this reference for more.