Failure to File and Failure to Pay
6 March, 2013 | Tax Debt
Failure to File and Failure to Pay When a taxpayer does not file their returns for their personal income taxes, or if a taxpayer files for an extension but never files, the IRS does not forget about the unfiled returns. For each year a taxpayer does not file, the IRS may issue a notice of deficiency for each year at issue. One defense to the Failure to File Penalty in the Tax Code is reasonable cause. To prove reasonable cause for failure to file ti... CONTINUE READING
