IRS Penalties and Interest Explained: Why Tax Debt Grows and How to Stop It
In this episode, Attorney Brian Loughrin explains why delaying action on IRS tax debt can quickly turn a manageable balance into a major financial problem. He breaks down how penalties and interest start accumulating, the difference between business and personal tax penalties, and what taxpayers can do to reduce or stop the damage before it’s too late.
By
Brian T. Loughrin Tax Attorney
