Penalties for filing taxes late are deliberately set high enough to encourage taxpayers to file in a timely manner. On top of that, the IRS can impose additional penalties and interest to any unpaid ...

The 2024 tax filing deadline may have come and gone, but that doesn't mean your chance to file has disappeared with it. A significant number of Americans miss the tax deadline every year, some ...

Many taxpayers mistakenly believe an extension pauses IRS penalties and interest. Experts say that misunderstanding can quietly inflate tax bills by thousands. IRVINE, CA / ACCESS Newswire / December ...

Examples of really bad ideas: Forgetting your spouse’s birthday, do-it-yourself brain surgery, forgetting your anniversary, and neglecting to file your federal tax return or pay your federal taxes.