Tax Filing Penalties

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Tax Filing Penalties

H&R Block Tip: It's important to point out that you will not be assessed any IRS penalty if you can prove to the IRS why an item was listed as is on your income taxes. This is known as reasonable cause. You must also act in good faith. You must not have had any intention of improper reporting of your income taxes. For help with your tax file preparation, and to ensure proper filing methods, consult a professional tax preparer or use a certified tax software program like TaxCut. A tax filing software program will ensure that you file taxes appropriately and without mistake.



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