Not paying the taxes you owe is against the law. On top of that, you owe penalties and interest on the sum you failed to pay. You may be charged by the IRS and sentenced to up to five years in jail in certain circumstances. A tax is Tax Preparation Services in USA a mandatory fee or financial charge that a government imposes on a person or a business in order to raise money for public projects like building the greatest infrastructure and services. Different public expenditure programmes are then funded with the funds that have been raised.