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.
Webster Dictionary(0.00 / 0 votes)Rate this definition: 1  English(adj) of or pertaining to England, or to its inhabitants, or to the present so-called Anglo-Saxon race. 2  English(adj) see 1st Bond, n., 8. 3  English(noun) collectively, the people of England; English people or persons.