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FILE
ALL IRS REQUIRED TAX RETURNS ON TIME
Many
people do not realize that the IRS charges you a penalty of up to
25% for just filing your tax return late. That's 25% of what
you owe. This includes Individual Tax returns, Payroll Tax returns,
or corporate tax returns.
What
people don't know is that you can file ANY tax return on time and
Avoid the 25% penalty even if
you don't send in the money, which is owed on the tax return.
Yes,
of course you'll get some ugly mail from the IRS for not sending
in the money owed, but so what, you will have avoided a 25% penalty.
We
could have saved many people thousands of dollars on penalties if
they just knew this one thing. So, in the future, no matter what
is going on in your life, file all tax returns on time even if you
don't send the money owed with the return.
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