Federal tax penalties are one of the most widely used tools deployed by the IRS on taxpayers that fail to file/pay their tax returns. According to the IRS, FY...
There are two scenarios in which an individual may receive an IRS penalty; they are either late in paying their taxes or they file their tax return after the...
The IRS is a difficult master that takes every instance of tax default very seriously. It levies heavy penalties on the tax offenders to set a precedence that discourages...