There are several myths regarding unfiled state returns that can lead to confusion. One common myth is that if you do not owe any taxes, you do not need to file. However, this is not true; most states require a return to be filed regardless of tax liability.
Another misconception is that unfiled returns will not affect your credit score. While tax returns themselves do not directly impact credit scores, unpaid tax debts can lead to liens, which can affect your creditworthiness. It is essential to stay informed about your filing obligations to avoid these pitfalls.
Knowledge is key to managing your tax responsibilities effectively.
Schedule your free, confidential tax relief review today.
Copyright ©
