Tell the IRS that you don't owe anything because TAXABLE YEARS ENDED AUGUST 16 1954 passed into LAW by the 83rd Congress AS LAW and published AS Volume 69A in the United States Statutes at Large. Google 26 CFR 1.0-1 paragraph (d) clearly says TAXABLE YEARS began December 31 1953 and ended August 16 1954.
Hi Logan. I still owe the IRS around $700 from the monthly installment plan that I have paying throughout the year. Do you know whether or not will the IRS add penalty fees next month?
Yes, failure-to-pay penalties are calculated per month or part of a month, so they likely will apply them. However, the failure-to-pay penalty is only 0.5% of the balance per month, so it'd be only $3.50. Interest accrues daily; it is currently 6% annually and beginning in January it will be 7% annually. The exception to the failure-to-pay penalty is if your failure-to-pay penalty has already maxed out at 25% of your original balance. If you have significant penalties, you may want to look into first-time abatement.
![Haven't Filed Taxes in Years? Here’s What To Do! [Step by Step]](/img/n.gif)
Tell the IRS that you don't owe anything because TAXABLE YEARS ENDED AUGUST 16 1954 passed into LAW by the 83rd Congress AS LAW and published AS Volume 69A in the United States Statutes at Large. Google 26 CFR 1.0-1 paragraph (d) clearly says TAXABLE YEARS began December 31 1953 and ended August 16 1954.
IRS, my least favorite vampires
Haha. Who are your favorite vampires then?
@@LoganAllec Alucard from the abridged series
Do a fiduciary video
Hi Logan. I still owe the IRS around $700 from the monthly installment plan that I have paying throughout the year. Do you know whether or not will the IRS add penalty fees next month?
Yes, failure-to-pay penalties are calculated per month or part of a month, so they likely will apply them. However, the failure-to-pay penalty is only 0.5% of the balance per month, so it'd be only $3.50. Interest accrues daily; it is currently 6% annually and beginning in January it will be 7% annually. The exception to the failure-to-pay penalty is if your failure-to-pay penalty has already maxed out at 25% of your original balance. If you have significant penalties, you may want to look into first-time abatement.
I have A Question😊 are they doing the non fillers tool for disable individuals with defendants
What category do you pay it under online?
hey i saw you comment on a clash of clans video 1 year ago, do you still have clash of clans?