Not filing won’t make your tax liability go away; it will only make your situation worse.

• Don’t have all that you owe, in order to  pay in a lump sum? The IRS offers installment agreements.
• Still don’t have your taxes prepared? You can file for an extension.

Taxes must be postmarked by April 17, 2012; this includes tax returns that have a balance due, even if you don’t have the payment to send. All requests for extensions must also be postmarked by April 17. IRS Tax Tip 2012-48 discusses New IRS Fresh Start Initiative Helps Taxpayers Who Owe Taxes. To find out more about the Fresh Start Initiative, read on….

 http://www.irs.gov/newsroom/article/0,,id=255470,00.html