Internal Revenue Service agency is yearly collecting income and state taxes from corporate businesses and employed residents. Usually citizens pay their dues annually directly to the IRS. An extension can be requested for filing taxes which you have to file before your due payment.
Failure to settle your IRS back tax or notify IRS that you need an extension can only mean that you have an intention to run away from your obligation. At this point, IRS has the authority to confiscate your land, house or any valuable stuff that you have as your payment in case your dues and penalties for IRS back tax pile up.
In order to help you, you can visit the IRS website for more information on how you can contact them to avail for penalty suspension.
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