What Happens When You Don't File Your Taxes

http://www.dailyfinance.com/2013/04/17/what-happens-when-you-dont-file-your-taxes/

 

 by Business Insider

By Mandi Woodruff

What actually happens to Americans who either forget or flat out refuse to file their taxes?

The simple answer is that it's nothing good. In fact, after doing some digging, we're pretty sure you'd be better off filling out your tax forms in crayon than sitting on your hands and letting the IRS have at you.

"There's simply no hiding from the IRS," says Odysseas Papadimitriou, CEO of Cardhub.com. "Level with yourself as well as the IRS about your ability to pay, pick a payment option that makes the most sense, and make sure to honor the terms of your agreement."

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