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	<title>Minnesota Tax Lawyer, Attorney - Regan Tax Law &#187; Penalties</title>
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		<title>MDR Penalties &#8211; Late Filing and Late Payment</title>
		<link>http://www.regantaxlaw.com/blog/news-section-2.html</link>
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		<pubDate>Thu, 26 Feb 2009 20:56:18 +0000</pubDate>
		<dc:creator>Tom Regan</dc:creator>
				<category><![CDATA[Penalties]]></category>

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		<description><![CDATA[Taxpayers who do not timely file their returns or timely pay their obligations will be subject to penalties not only at the federal level with the IRS, but also at the state level with the Minnesota Department of Revenue (state). The state assesses different penalties for taxpayers who are individuals versus businesses. The penalties vary [...]]]></description>
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		<title>IRS Penalties &#8211; Late Filing and Late Payment</title>
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		<pubDate>Fri, 20 Feb 2009 20:14:00 +0000</pubDate>
		<dc:creator>Ben Wagner</dc:creator>
				<category><![CDATA[Penalties]]></category>

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		<description><![CDATA[Many taxpayers are unable to timely file their returns or timely pay their obligations. When this happens, the IRS will usually assess penalties against the taxpayer. The penalty for filing the return late is 5% per month, up to 25% of the unpaid obligation. The penalty for paying the tax late is .5 % per [...]]]></description>
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