Saturday, October 20, 2007

No Bad Checks to the IRS

The rules are changing for taxpayers who might consider writing a bad check to the IRS. The former rule was a 2 percent penalty of the amount of the check that was payable to the government. The new rule is a flat rate penalty for checks received after May 25th 2007. The new rate is $25 for amounts less than $1250.

Keeping your Business N Synergy

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