20 Jul, 2024
3 mins read

Tax Payment Alert: IRS Introduces Increased Penalties for Underpaying

The fourth quarter of 2023, which runs from October 1 to December 31, will witness an increase in the interest rates charged on tax underpayments and overpayments, according to the United States Internal Revenue Service (IRS).  This August 25th statement indicates a change that may affect individual taxes and businesses nationwide. For individual taxpayers, the […]