What To Do If You Owe Taxes But Don't Have The Money To Pay

  • 10 years ago
Every year, the deadline for Americans to file taxes is April 15th (unless the day falls on a weekend, then the deadline will be extended by a few days). Yet, year after year many Americans scramble to pay their tax bill. Even if you file a tax extension online you are still responsible for paying what you owe on April 15th. Interest on your balance begins accruing on April 16th. If you know you are going to owe and you do not have money to pay, there are a few things you can do to lessen the financial burden.

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