Pay Your Taxes

Although the topic of taxes isn’t always a pleasant one, the money that is raised is put to use to make our lives easier. The government uses those funds to build or improve infrastructure, such as roads and public transportation. Some people in our society also relies on those funds for medical care or food. They are used to provide services such as water and electricity as well. Some people think the government profits off us as taxpayers, but that isn’t necessarily true. In fact, without those funds, the government wouldn’t be able to provide many of the services that we take for granted every day. Our roads would be in disrepair and our general safety would be compromised. We might not have enough policeman or fireman or other emergency services available to us.

The money that is collected also goes to our school system. Schools rely on taxpayers to pay teachers, build and maintain up to date buildings, and to provide services such as a hot lunch and even sports. That money is crucial to our education system. Without it, students (and teachers) suffer. Class sizes get bigger, individual instruction is greatly reduces. Sports programs are cut, lunches aren’t as healthy, the list goes on and on. A healthy education system is the basis of prosperity in our nation.

Although paying the IRS isn’t high on the list of things that we like to do, it is important. After all, if you don’t pay them they can (and will) work hard to get their share. They can get your wages garnished. They can also impose stiff fines and penalties which can hike your tax bill. The IRS can put a lien on your house as well. They can come in and remove your belongings to settle any and all debts owed to them. So don’t ignore the April 15 due date. If you know you are going to have trouble getting your tax return in by the date or paying the what you owe, keep in touch with your accountant and request an extension. Don’t ignore the problem – it won’t go away.

Advertisements