What happens when a check to the IRS bounces?

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What happens when a check to the IRS bounces?

2007-05-08 13:07:52 · 1 answers · asked by TTTTT 1 in Business & Finance ➔ Taxes ➔ United States

1 answers

Penalties and interest for the unpaid taxes continue to accrue. And they will assess a bad check fee. Your check is processed electronically so they will probably just present it for electronic payment and as soon as money hits your account, the check will clear immediately.

2007-05-08 13:11:59 · answer #1 · answered by Bostonian In MO 7 · 3⤊ 0⤋