Answer:
Not filing your return will cost you an additional 5 percent of your unpaid tax bill each month.
Not paying what you owe will add an extra 0.5 percent each month to your overall IRS debt.
If you did not file on time and did not pay any tax you owed, you are subject to both penalties. However, the IRS actually gives you a bit of a break. The maximum penalty that you’ll pay for both in any given month is 5 percent, rather than 5.5 percent.
If you don’t file or pay for five months, the failure-to-file penalty will max out at 25 percent of your unpaid taxes. But the 0.5 percent failure-to-pay penalty will continue to accrue, up to another 25 percent of what you owe, until the tax is paid.
Interest also is charged on the overdue amount
If your due a refund then the only way to get it is to file
Explanation:
Answer:
137.77%
Explanation:
obviously the numbers are missing, so I looked for a similar question:
"A stock that sold for $26 per share at the beginning of the year was selling for $52 at the end of the year. If the stock paid a dividend of $9.82 per share, what is the simple interest rate on the investment in this stock? Consider the interest to be the increase in value plus the dividend."
- total interest received (your gain) = (year end market value - purchase price) + dividends received = ($52 - $26) + $9.82 = $35.82
- initial investment (purchase price) = $26
simple interest rate of return on investment = total interest received / initial investment = $35.82 / $26 = 1.3777 or 137.77%
Answer: The equalization rate for the municipality is 45%.
Explanation:
Given that,
Total market value of a municipality = $25,000,000
Total assessed value of a municipality = $11,250,000
Therefore,
Equalization rate for the municipality =
=
= 0.45
= 45%
Hence, the equalization rate for the municipality is 45%.
Your answer should be 40 million dollars
Answer:
You must be positive
Emotional intelligence
A growth mindset
Adaptability and resiliency