Posts Tagged with: Penalty

“Get Your Affordable Care Act Together.” -Gordon D’Angelo. On a recent radio talk show, Liberty Tax owner Ray Nations put it about as plain and simple as it gets, “If a hurricane is coming, you prepare.” 

Every year, due to common mistakes, billions of dollars in refunds are left uncollected by taxpayers from the Internal Revenue Service (IRS). Paying taxes is hard enough but leaving money behind, that is rightfully yours, is downright unacceptable.
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There’s been some confusion over what happens if you don’t file your taxes by April 15th. Although the IRS doesn’t come knocking on your door, they do expect for every taxpayer to file their taxes on time.