internal revenue service (irs)

What Happens If I Don’t Comply with IRS Regulations?

Non-compliance can lead to serious consequences, including:
Penalties and Fines: The IRS may impose penalties and interest on unpaid taxes.
Audits: Non-compliance increases the likelihood of an audit, which can be time-consuming and costly.
Legal Consequences: In severe cases, failure to comply with IRS regulations can result in legal action, including criminal charges.

Frequently asked queries:

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