The biggest fear for those with tax debt is the inability to pay, with 42% of respondents reporting that they fear they won't be able to pay all their past due taxes right away.
An additional 29% of respondents stated their biggest fear is that the government would garnish wages or put a lien on their home for having past due taxes.
"With the IRS enforcement budget increasing, there will likely be more focus on audits and collections, " said Mark Steber, Chief Tax Officer at Jackson Hewitt.
"Owing money to the IRS can be very stressful to taxpayers and we want to help relieve some of those worries with our Tax Debt Resolution service".
Jackson Hewitt Tax Service® Survey: Taxpayers Concerned They Won’t Be Able To Pay Back Taxes
- by: Jackson Hewitt Tax Service Inc.
- 09-29-2019
- Source:
Jackson Hewitt Tax Service Inc.
- 04/09/2021