by Steven J Weil, PhD, EA, LCAM | Sep 9, 2023 | Blog, Business Tax, Personal Tax
No Statute of Limitations If You Don’t File A Return The statute of limitations for any given tax year does NOT start if you don’t file a tax return. This means that the IRS can assess taxes and even file criminal charges related to unfiled returns regardless of how...
by Steven J Weil, PhD, EA, LCAM | May 1, 2023 | Blog
You should file as soon as possible, as those who owe taxes are subject to penalties and interest for late filing and late payment. The penalties and interest apply to any taxes owed after April 18. Interest and penalties will continue to accrue until the balance is...
