I hear from people every week who think their tax problem is the end of the world. It usually isn't. I'm Darrin Mish. I've resolved over $100 million in tax debt for clients. Here's what you should know.
If you are paying taxes for the first time, there are a few things you should consider. For one, you must decide on which filing status you fall under. There are three statuses you may be under if you are an individual – Single/head of household, Married filing jointly with spouse and Married filing separately from spouse. Click here to read or watch more IRS Help resources.
Then there is the frequency for paying your taxes. Most American wage earners authorize their employers to withhold a certain amount from their paychecks each month for taxes. Otherwise, you may choose to pay quarterly.
Finally, there’s the question of who should file your taxes for you or should you file it yourself.
Here’s an article on some of these matters and in particular who should do your taxes – http://www.usatoday.com/story/money/personalfinance/2015/02/22/adviceiq-options-for-filing-taxes/23794703/