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penalties

With Tax Day just a few days away, the race is on to get tax returns in the mail or e-file by the due date -- unless, that is, you're filing for an extension. Most taxpayers know interest will accrue on late payments but may not be familiar with penalties. Here's what you need to know: When you...
Today, new rules kick in designed to protect consumers from predatory practices, such as exorbitant fees and sky-high rates by banks and credit card companies. But consumers beware: banks and card issuers have already come up with new fees.
An American subsidiary of the Chinese electronics and appliances giant Haier Group was assessed a $587,500 penalty for failing to promptly disclose that it knew wires were breaking in its fans, posing a risk of fire, thus delaying its recall.Haier America Trading Llc. agreed to pay the fine to...
I am one of the world's leading procrastinators. Last night I finished and hit "transmit" on my E-filed taxes at exactly 11:59 p.m. I had planned to do my taxes in February, of course, and then... all of the sudden it was April 15th, and it was nearly midnight. What some people do for an adrenaline...

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