Tax Defense Network has made it its mission to assist all taxpayers, whether clients or not, with their tax concerns. By spreading tax information and advice through places like our Twitter or LinkedIn accounts, we hope to educate the American taxpayer and prevent tax problems before they happen.

This week, Tax Defense Network’s Senior Managing Licensed Tax Professional, Jonathan Bochese, had the opportunity to contribute to this mission by appearing on the First Coast News at 7 o’clock, on one of our local network stations here in Jacksonville, Florida. Bochese was invited on as a guest to answer viewers’ tax questions.

Bochese was lucky enough to meet with a few of the news presenters before going on air, including his interviewer, news anchor Lewis Turner, who made sure to practice the pronunciation of Mr. Bochese’s last name. Bochese made special friends with weatherman Mike Prangley, answering a few of his tax questions and dispensing a little personal tax advice.

Bochese eventually sat down with Lewis Turner to discuss viewers’ tax questions live on air. Since it was April 14th, the day before tax day, the importance of the tax deadline was foremost on viewers’ minds.

First, Bochese told First Coast News viewers not to panic. If you are due a refund, there is no penalty for filing a few days late; technically taxpayers have 3 years after the tax deadline to submit a return to claim their refund. However, Bochese warned, if you do not file a return the IRS may file for you with a substitute for return, without allowing for any exemptions or deductions you may be eligible for and consequently find that you owe.

Bochese went on to advise that the April 15th deadline is more significant for taxpayers who owe taxes. The IRS charges a steep monthly failure to file penalty on tax balances that are unfiled after the deadline, so Bochese recommended taxpayers who owe and are not yet ready to submit their return to file for the automatic six-month extension. They will avoid the failure to file penalty, but will still be charged the failure to pay penalty which is 0.05 percent of the tax owed, each month it goes unpaid.

Bochese and Lewis Turner then turned to options for taxpayers who owe the IRS, but are unable to pay. There are payment options available to taxpayers in different financial situations. If a taxpayer owes more than $10,000 it is in their best interest to consider the services of a tax resolution company, like Tax Defense Network, which employ licensed tax professionals who specialize in resolving tax debt.

Tax Defense Network is a national tax relief company that assists taxpayers with such state and IRS tax issues such as tax debt, unfiled returns, wage garnishments, bank account levy and more. To date, its team of licensed tax professionals, CPAs and enrolled agents have resolved over $120 million in tax debt. Tax Defense Network is A+ rated by the Better Business Bureau.