late filing: Consequences for Procastination on Filing Taxes
- 03/07/12 01:55 AM
Procrastination and tax filing are two things that shouldn’t mix. However, it may happen for you every year. TaxMama Eva Rosenberg writes in today’s Equifax Finance Blog how delaying organization and preparation of your returns can have awful consequences. - Shortchanging yourself on refunds. - Filing late, which can result in a late-filing fee, a late-payment penalty, and additional interest. - Failure to file your own taxes means the IRS and the state will do it for you, and you will get the short end of the stick. They compute your taxes due based on information they get from W-2s and … (4 comments)
Procrastination and tax filing are two things that shouldn’t mix. However, it may happen for you every year. TaxMama Eva Rosenberg writes in today’s Equifax Finance Blog how delaying organization and preparation of your returns can have awful consequences.
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