High IRS Interest Rates Could Cost You if You’ve Underpaid Your Taxes
Thanks to the coronavirus pandemic, the cost of almost everything has gone up, including hiking equipment (don’t ask me how I know). With higher prices
Thanks to the coronavirus pandemic, the cost of almost everything has gone up, including hiking equipment (don’t ask me how I know). With higher prices
The United States operates on a pay-as-you-go tax system. The IRS requires small businesses and self-employed individuals to pay their estimated quarterly taxes. Instead of
A Tax Mistake that has wound its way to the United States Supreme Court has many observers wondering if a filing requirement in the tax
What Are the Worst Things the IRS Can Do to You? The IRS wields considerable power. This can make the agency frightening to deal with,
We get it. No one likes to pay taxes, especially when you’re already facing economic hardship. But if you’re wondering how long you can avoid
They say that the only constants in life are death and taxes, and it’s funny because it’s true if you owe the IRS. If you
For 2021, the U.S. Internal Revenue Service gave us all a little “gift” by extending the deadline to file and pay taxes from April 15th to
The IRS imposes a variety of penalties on delinquent taxpayers who fail to respond to collection efforts. In especially severe situations, the agency may assess
If you are audited and the IRS determines you underpaid or failed to file at all, the IRS doesn’t just hit you with a bill
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