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Practical tax, bookkeeping, payroll, and small business guidance from the SK Financial team.
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IRS Notices & Tax Issues
What Happens If you don't file your taxes but don't owe anything?
What happens if you don't file taxes but don't owe anything? No penalty in most cases, but you could lose refunds and face IRS notices if required to file.
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IRS Notices & Tax Issues
What Is Tax Fraud? How Tax Fraud Is Committed and Detected
Tax fraud is when a person or business knowingly gives false or misleading information on a tax return in order to pay less in taxes, avoid paying taxes they owe, or get a refund they don't deserve
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