The old adage is “the only thing certain in life is death and taxes” Well taxes are truly certain and the government wants their money from you in the form of taxes you owe on all sources of income you make. When you have a business it is even more serious when you do not file or pay your taxes. When you die you may actually owe estate taxes upon your death. Just to list a few taxes you should be aware of; income taxes, self-employment taxes, alternative minimum taxes, capital gains tax, unemployment tax, employment taxes, FICA, Medicare, estate taxes, excise taxes on gasoline, oil, road excise taxes and on and on and on.....
Taxes are the source of money that pays for a large and growing government and it is hungry and wants to be fed every day!
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