I got IRS 1099 forms but have NO MONEY to pay! Should I still file a Form 1040?

If you received 1099 or other third-party information ‘snitch’ reports in January, you know the IRS almost certainly got a copy. You’ve probably read or heard the widely broadcasted message that if you don’t at least FILE an IRS Form 1040 income tax ‘confession’ form by Monday, April 18 (the tax filing deadline for 2022), you will need to pay even more in late filing penalties, late payment fees and interest on any past due amounts.

For contractors and small business owners who are not paying quarterly or monthly estimated income tax, this presents a big problem! How can you keep from falling further and further behind each year? Getting ahead often seems impossible!

In this week’s Freedom Hour presentation, Peymon Mottahedeh, founder of Freedom Law School, will present the sure solution to this yearly dilemma. This solution is based on the U.S. government’s official websites, and you will absolutely love it!