SUMMARY: Not filing your taxes can create big IRS problems. You'll end up owing a lot of money in penalties and interest that you could have avoided by filing on time. Ultimately, it's always less expensive to handle anything that comes up with the IRS as soon as possible to avoid paying any more money than you have to. Find out how not filing taxes causes you more trouble than it's worth.
Doc Type:
Legal Article/Newsletter
Published: 6/20/2009
Legal Article/Newsletter Name:
What Are the Consequences for Not Filing Your Taxes?
Legal System: United States