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Strategies & Market Trends : IRS, Tax related strategies--Traders -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Jordan who wrote (1157)5/7/2000 10:27:00 AM
From: Colin Cody  Read Replies (1) | Respond to of 1383
 
Jeff, there's a 2% penalty for giving a rubber check to the IRS. Save your paperwork that shows you had collected funds on deposit as of the date you wrote on the check, or the date the IRS received it, whichever came first.

Colin