Sentences with phrase «owe stiff penalties»
If you don't withdraw at least a specific minimum amount, you'll owe stiff penalties to the IRS.
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The penalties for ignoring RMDs are stiff: You'll owe 50 percent of the distribution you should have taken that year.
There is a stiff penalty for not paying your payroll taxes — 100 percent of the amount of the taxes that are owed, in addition to the taxes owed and interest thereon.