Aug 9th, 2019
When a taxpayer gets the results on a tax return and there will be a large penalty, is it better to file or not, especially if the taxpayer is not going to pay off the debt? How do the penalties work - there are failure to file and failure to pay penalties. Which is worse? A discussion of what to do when counseling a client in this situation. Plus, some recent tax news - a little of it related to politics.