Demystifying IRS Tax Penalties and Interest: A Guide for Businesses and Individuals
Ploeg and Brown P.C. Tax season may conclude, but the potential for IRS penalties and interest lingers year-round. Familiarity with these charges empowers businesses and individuals to make informed decisions and potentially avoid significant financial repercussions. This article provides a comprehensive overview of common IRS penalties and interest, along with guidance on when to seek…