The Failure to File Penalty is 5% of the unpaid tax, and the interest rate is the federal short-term rate plus 3%. Actions against You: The IRS can put a freeze on your bank account as well as drain it to pay the bill. If you have property, then they can place a tax lien on your property.
word noun (LANGUAGE UNIT) A1 [ C ] a single unit of language that has meaning and can be spoken or written: Your essay should be no more than two thousand words long. Some words are more difficult to spell than others.
Word definition, a unit of language, consisting of one or more spoken sounds or their written representation, that functions as a principal carrier of meaning. Words are composed of one or more morphemes and are either the smallest units susceptible of independent use or consist of two or three such units combined under certain linking conditions, as with the loss of primary accent that distinguishes blackÂ·birdÂ· from blackÂ· birdÂ·.