The Internal Revenue Service (IRS) plays a pivotal role in keeping taxpayers informed about the penalties associated with insufficient funds during tax payments. Through its official website, the IRS ...
The deadline for filing federal tax returns and paying any owed taxes is April 15 for most taxpayers. Missing this deadline can lead to interest and penalties that increase your financial burden.
The deadline for filing your 2024 tax return is April 15, 2025. But what if you owe the IRS money and you don’t have the cash to pay up? If you don’t pay, you’ll be charged penalties and interest.