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Don’t get caught off guard this tax season. The IRS’ interest rate for late payments is higher than it’s been in years, while the penalties run as high as 25%. Tada Images / Shutterstock.com
Ready or not, the next season is officially almost here. The IRS just announced the start date for the season and several other key dates. Read on for everything you need to know to ensure you don’t miss any deadlines — plus the steep interest rate and penalties you could face if you do miss certain deadlines.