Robert J. Fedor, Esq., L.L.C.

December 2015 Archives

Penalties and interest: how they impact tax cases

There are many phrases that, when associated with taxes, bring about nightmarish thoughts in a taxpayer. Penalties and interest are two of these phrases, among many, that can cause people to think that their tax filing is in a lot of trouble. Knowing what these terms mean in relation to taxes is very important, so let's talk about penalties, interest and taxes.