Have a Tax Question? Ask a Tax Expert
Hello! I am a CPA here to assist you with your tax questions. My goal is to provide you with excellent service today.
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Like you, I believe you should call the state about this tax, and they can give you further instructions on what to do to set up a payment plan.
That's the number to the division which handles this tax.
But, the thing that you should NOT do is ignore this.
I would send in what you can, and call them to set up a payment plan and work out an agreement with them.
Is there a chance it might get lowered?
If you contact them, it is possible that they will abate some of the penalties in exchange for payment of the tax
It's not guaranteed, but it is possible
If you didn't want to do this yourself, you could hire a tax professional to do it for you.
Whats the estimate for that kind of service, do you know?
It depends on the preparer, but you're looking at maybe a couple hours work so perhaps between $150-$500. Big range, but it all depends on the professional.
Alright, thank you Megan
You're welcome. Is there anything else I can assist you with today?
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I think the rest would be up to me now Megan, thanks
You're welcome. I wish you the best of luck
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