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Are you self employed, have investment income or rent out a property?If so, you have until 31st January 2021 to file your tax return and pay your tax liabilities on any income received between 6th April 2019 and 5th April 2020.https://edwardsbailey.co.uk/january-tax-accountant/
Looking to resolve your IRS penalties?
Discover more about IRS Tax penalties & interests and the ways to resolve them from your tax professionals at Kreig Mitchell LLC today.
The IRS can bring penalties if you fail to file your returns correctly, fail to file returns on time, or fail to pay taxes.
There are variations of IRS penalties.
What's important to remember is that a penalty or interest charge is often far from your one-time occurrence.
The best way to avoid IRS penalties or interest rates is to submit clean taxation statements each year.