Average amount of tax debt per tax debtor: $28,862
Top three reasons for tax debt:
• Back tax penalties/Owe more than expected (Tied at 18.52%)
• Business tax issues (14.81%)
• Unfiled taxes (12.96%)
Individuals with tax debts can face severe consequences, including having their wages garnished or their assets seized. Here are the states where such debts are highest on average.
Individuals with tax debts can face severe consequences, including having their wages garnished or their assets seized. Here are the states where such debts are highest on average.
Individuals with tax debts can face severe consequences, including having their wages garnished or their assets seized. Here are the states where such debts are highest on average.
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