Tax
May 26, 2026
When disputing taxes, should you pay first or wait until it is resolved?
Most people know that if you owe taxes, you'll also owe interest. But fewer consider what happens to that interest while they're fighting the bill.
Robert W. Wood
Managing Partner
Wood LLP
333 Sacramento St
San Francisco , California 94111-3601
Phone: (415) 834-0113
Fax: (415) 789-4540
Email: wood@WoodLLP.com
Univ of Chicago Law School
Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.
No one likes paying taxes. But we are all required to file tax returns and to pay taxes. Most people know that if you get a notice from the IRS or the FTB saying that you underpaid or that they audited you and you owe more, it usually isn't just the taxes you owe. They add interest, and in general, the IRS and the Franchise Tax Board will not waive or abate it; it is automatic. Often, it isn't just interest that is added; there are penalties, too.
The p...
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