Nine Tax Tips about Tax Penalties

The tax filing deadline is approaching. If you don’t file your return and pay your tax by the due date you may have to pay a penalty. Here are nine things to know about the two different penalties you may face if you do not pay or file on time. 1. If you do not file by the deadline, you might face a failure-to-file penalty. 2. If you do not pay by the due date, you could face a failure-to-pay...

March 17th, 2010 by The Tax Man