Taxpayers should file their tax return on time to avoid costly interest and penalty fees

Taxpayers should file their tax return by the deadline even if they cannot pay their full tax bill. Taxpayers who owe tax and don’t file on time, may be charged a failure-to-file penalty. This penalty is usually five percent...

April 18, 2012 – IRS Refund Status Information

The IRS released a small number of refunds today. For the rest of the week, we expect the IRS to continue to release small numbers of refunds. As of today, looking at statistics of tax returns recently filed, here...