Can’t Pay Your Taxes? Here’s What You Can Do

CBS Boston

(CBS MoneyWatch) -In a turbulent economy with constantly changing rules it’s no surprise that the bill from Uncle Sam can sneak up on some of us. Whether you changed jobs, sold a house or became self-employed, changes in your life might mean you were caught unexpected this year without enough cash to pay the bill. If you find yourself in this situation, do not panic. Here are some tips to make sure you emerge (mostly) unscathed this April 15.

First, double-check your return. It may sound like wishful thinking, but the most common mistake made on tax returns is bad math. Before you start worrying, double-check your return to make sure that you have to the numbers right.

If you do discover you owe more than you can afford, don’t stick your head in the sand. After reviewing your return and assembling all of your documents, carefully consider all of…

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