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Story summary
- Taxpayers who ignore unpaid tax bills face penalties and interest accruing after the deadline.
- Filing on time is crucial, even without payment, because the failure-to-file penalty can be much higher.
- If taxpayers do not respond to the Internal Revenue Service (IRS) notices, the agency may escalate actions such as liens or wage garnishments.
- Tax relief options are available, and prompt action is essential to prevent worsening financial issues.
