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The Importance Of Stockton Taxes Planning During The Year

By Dennis Foster


The taxes, we have or obliged to pay monthly, quarterly and annually will sometimes come to us as a burden, yet it is better to pay on time than to have back taxes which will be a possible headache in the making when the time comes for it to haunt you back. Taxes are here since this thing we called civilization has started its existence and stockton taxes will be forever present to haunt us as long as we have a civilization to govern us, protect us and organize us.

While the founding fathers of this nation may have founded it with blood and a constitution but for every nation or form of government, it can be said that the true foundation a nation has is its levies. The levies that the citizens pay and sometimes owe the IRS is what constitutes the life force of the nation, and without it, the nation would slowly and violently die a natural death.

No person in their right mind would want for this to happen, that is the reason why every nation loving citizen would feel it as exercising their right and responsibility rather than an obligation when they pay their levies.

The IRS or the Internal Revenue Service is the main agency which is a task to carry out the responsibility of the collection of levies. Not only is the IRS task of collection of levies but also the enforcement of every tax laws and regulations there is, which often makes it unpopular with the citizens of the nation.

The levies you pay and including the back levies as well are accumulated in the national treasury. These become the very source of valuable funds for the government for the government to sustain its functions and deliver goods and services to its constituents. Levies pay for the salary of workers and also build better roads, better roads mean better access and access makes better business and will create a prosperous town, city, and nation.

Here's a story that I always tell my clients to emphasize this point. Several years ago I had a client who took money out of retirement account (which was fully taxable) in late December. I was not aware of this action until he came to see me at tax time. As a result, he ended up owing a lot more money than he anticipated.

With levies we can build clinics, hospitals and other health services, purchase medicines and build schools for the better education of the future generation. Indeed levies go a long way to further the survival of each citizen and the betterment of the standard of living. Paying levies is an obligation that every citizen must diligently fulfill and as much as possible back levies should be prevented as it would pose a big problem later on.

Back levies are the levies a person or corporation owe the IRS; this becomes so when a failure of tax payment has been done from a previous year or number of years. If deliberately done and no act of resolution is being made then it might become a case of tax evasion which is a very serious crime or case anywhere in the world.




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