Today's Market

updated 15 hours ago Sponsored by:
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 1.21 0.06%
NASD 4,828.33 15.62 0.32%

Community: Investing Wiki

Term Of The Hour

IRS tax fees: Original post by Matt McGew of Demand Media The Internal Revenue Service imposes a late fee on taxpayers who do not pay the full amount of tax owed by the due date, which is April 15 in most cases. The late fee also differs from interest charges that the IRS also imposes on late tax payments. The late fee assessed by the IRS is 0.5 percent per month, or partial month, up to a maximum of 25…

Want to learn more or edit this definition?
Click here to read more!