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Here is a summary of information about how penalties and interest may pile up for filing taxes late and for not paying all you owe on time.
Tag: late filing penalties
The Cost of Filing Late & Paying Late
April 8, 2013
When it comes to filing your income tax return and paying the taxes you owe, don’t expect any favors. You face penalties for failing to file and filing late; and, if you also owe taxes, you face penalties for failing to pay and paying late.
