4 Helpful Things You Probably Don't Know About The IRS

Not that you should lie on your taxes, but you can rest easier knowing that any deductions that might otherwise make you nervous will be okay. The IRS audits less than 1% of tax forms per year.

If the IRS does not file your tax return within 45 days of its due date, it owes you 4% interest per day that your payment is late.

After age 70, you're required to withdraw a certain minimum amount from tax-deferred accounts each year. These can raise your tax bracket. If you donate the money instead, your tax liability decreases

If you agree to take the same amount out of your retirement account before age 59 annually for at least five years, you can avoid paying the 10% tax penalty on that money.