It is impossible to look upon the face of a daisy and not think back to childhood adventures in fields dotted with flowers. Nearly universally the meaning of daisy ties to these thoughts â innocence and youth. They also represent modesty and the simple beauties in life that sometimes go overlooked and underappreciated.
1 The IRS may also hold your refund if youâre under audit and will owe taxes. 2  If the IRS holds your refund, youâll receive notices from the IRS requesting more information. 3  Make sure you respond by the deadline, or the IRS will assume that the refund amount on your filed return was wrong.
Penalty for incorrect calculation of tax. If the tax you report on your return is less than the correct tax by more than 10% or $2,000, whichever is greater, you may have to pay a penalty. The penalty charge is: 10% of the difference between the tax you reported and the tax you actually owe.