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April 16, 2013
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IRS details the late filing and late payment penalties

Monday was the annual deadline for most people to file their federal income tax return and pay any taxes they owe. By law, the IRS may assess penalties to taxpayers for both failing to file a tax return and for failing to pay taxes they owe by the deadline. Here are eight important points about penalties for filing or paying late. 1. A failure-to-file penalty may apply if you did not file by the tax filing deadline. A failure-to-pay penalty may apply if you did not pay all of the taxes you owe by the tax filing deadline. 2. The …

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The Nevada Appeal Updated Apr 16, 2013 06:14PM Published Apr 16, 2013 06:14PM Copyright 2013 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.