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Don’t Lie to the IRS — And 9 Other Things You Should Never Tell Themyou’ll want to review what you should never tell the IRS. While you don’t want to lie on your tax returns, there are specific things you shouldn’t say to the IRS that we will examine in this ...
Cummings says you should still report any earned interest on your federal tax return. He says that even if you didn't receive the form you're not excused from reporting the interest and paying taxes ...
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The Savings Game: How to minimize IRS penalties and interestNo one likes to pay penalties to the IRS when they fail to follow IRS ... you will be subject to increased penalties and higher interest charges. You should definitely respond as soon as possible ...
you may find yourself facing big penalties as your tax debt accumulates interest — including things like wage garnishments or tax liens. If that happens, it could be a significant hit to your ...
those interest charges could add up. The post IRS Payment Plan vs. Personal Loan: Which Should You Use to Pay Your Tax Bill?
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