By Lynne Adkins
PHILADELPHIA (CBS) – A new tax season is underway and if you haven’t filed for years, it’s not too late to come clean with the IRS.READ MORE: Police Asking For Public's Help In Obtaining Cellphone Video Of July 4 Parkway Shooting That Injured 2 Officers
Russell Hauer a CPA from Conshohocken says he finds three main reasons why people don’t file their tax returns.
“They either owe money and don’t have it to pay or they had a change of circumstance they just didn’t focus on it — husband died, wife died, somebody in the family had cancer, you know like a variety of reasons — some are just lazy and just didn’t get to it.”READ MORE: Kyle Schwarber Homers Twice, Phillies Still Fall To Nationals 3-2
If you owe taxes you’ll have to pay what you owe along with interest and penalties and he says that adds up quickly, but you may be able to work out a payment plan with the IRS.
If you are owed money and haven’t filed, you have three years to do that or the cash is gone.MORE NEWS: Sergio Diggs, Philadelphia Police Officer Shot On Parkway, Recalls Fourth Of July Incident
Best advice: file your return even if you don’t have the money to pay what you owe, it may be possible to work out the details later.