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10 tax penalties — and how to avoid them

from Small Business Trends

As if taxes weren't enough, the IRS can add interest and penalties for certain action you may take or fail to take. There are over 150 civil penalties in the Internal Revenue Code. Tax penalties can be costly and they're not tax deductible. Here is a roundup of some tax penalties that can impact small businesses owners and what can be done to avoid them. more


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