What to do if you owe taxes and can’t afford to pay them
By Kelly Anne Smith
Nick Holeman, a senior financial planner at Betterment, says owing money on a tax bill is a sign that withholdings are inaccurate. He recommends adjusting them for future tax seasons.
“Having a lower refund is not in and of itself a bad thing, nor is it the full picture,” Holeman says. “Personally, I aim to come as close to breaking even as possible every year when I file my taxes.”Read the Original Article
This article originally published February 26th, 2019 on Bankrate