TAX INSIGHT pp 329-336 | Cite as

Penalties and Interest

Be Careful—They Carry a Punch
  • M. Casey Murdock


Ignore them long enough and they will go away, right? Not if you’re talking about talking about the IRS or the penalties and interest that they can levy. The longer you ignore them, the worse it gets and the worse they get. I have had several new clients come to me who are at the point of receiving serious threats from the IRS because they have not filed tax returns for a few years. Once we compile all of their missing returns it is often the case that they owe more money from penalties and interest than they owed in taxes!


Treasury Bill Safe Harbor Debit Card Home Buyer Retirement Account 
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Copyright information

© M. Casey Murdock 2014

Authors and Affiliations

  • M. Casey Murdock
    • 1
  1. 1.CAUSA

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