IRS Tax Relief

What Determines If You Owe Interest On Your Taxes?

I owe about $6,800 in taxes this year (2008). And my tax bill says I now owe $7,062 for taxes due plus $241 in interest. The taxes I owe are based on interest/dividend income. I didn’t think you had to pay a penalty for not making quarterly payments on this type of [...]

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What Determines My Taxes Owed For The Year?

This year I owe 1300 and I was wondering if someone could break the whole taxes owed thing down for me- why do I owe? Did I not pay enough in taxes throughout my work year?

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