How To Avoid IRS Penalties
Nothing is serious as the IRS. They have their deadlines set in place and will come after you if you don’t file your taxes and don’t pay your tax bill....
Past Due Extensions
Tax extensions are great because they basically grant second chances for those who still need to file their tax return. And who doesn’t like a second chance when it comes...
Paying Your Estimated Taxes
You filed an extension for your tax return and it got approved by the IRS, that’s good. You’re probably thinking that with your 3-month or 6-month extension you can take...
Avoid Late Tax Payment Penalties
There is a difference between failing to file your taxes on time and failing to pay your taxes on time. The law provides that the IRS can assess a penalty...
IRS Penalties for Late Filing of Income Tax Return
Basics of IRS Penalties IRS penalties and interest may be for a number of different occurrences. Some examples are: understating your tax liability, understating a reportable transaction, file an erroneous...
Basics of IRS Penalties for Late Filing of Income Tax Return
IRS penalties and interest may be for a number of different occurrences. Some examples are: understating your tax liability, understating a reportable transaction, file an erroneous claim for a refund...
Avoid Late Tax Payment Penalties
There is a difference between failing to file your taxes on time and failing to pay your taxes on time. The law provides that the IRS can assess a penalty...
Avoid Form 4868 Late Filing Penalties For Personal Tax Return
There is a difference between failing to file your taxes on time and failing to pay your taxes on time. The law provides that the IRS can assess a penalty...
Failure-To-File Penalty Vs Failure-To-Pay Penalty
There is a difference between failing to file your taxes on time and failing to pay your taxes on time. The law provides that the IRS can assess a penalty...