Long story short, lots of different factors and circumstances played into this but bottom line is, I have about 10 years of un-filed taxes and have no idea how to get on top of it.
My dad sucks and ran our family finances into the ground so growing up, I’ve never had anyone to turn to for sound money advice. Didn’t finish college and have always struggled to make something of myself.
When I was 24 I became a self employed personal trainer thinking that was the solution to my money problems but it only made it worse. I worked a ton of part-time jobs and side jobs just to get by. I mean- I was making like $25,000-30,000 and was irresponsible with it. I couldn’t even afford to have my taxes done. I’d tell myself “I’ll get it done next year” and I’d justify it by thinking that at my income level, I wasn’t even a blip on the IRS radar. That mindset spiraled my situation out of control. I was so depressed that I honestly thought I wouldn’t survive my depression long enough for my taxes to catch up to me.
Welp, a funny thing started happening three years ago and by business started doing better and better. I kicked my depression. Last year was the first year ever that I didn’t hold at least one part time job. This year I’m on track to hit $175,000.
Now that I’m finally in a position where I can catch up, I have no idea how. I need advice guys. What steps do I take? What should I expect?
Submitted February 24, 2018 at 10:22AM by DarthTaxEvader http://ift.tt/2EP5hI9