How to Avoid IRS Penalties?
Time is almost up! Your ACA, 1099, and other information returns are due to the IRS on April 2nd, by midnight. We hope this deadline didn’t sneak up on you,...
I Missed My Tax Deadline, Now What?
Oh no! You missed your tax deadline. We know you didn’t mean to. Spring can be a busy time with a new project around the house and fun activities outdoors....
What To Do If You Missed The Tax Deadline
Let me first relieve a few tax filers from panic; if you are owed a refund, the IRS doesn’t asses penalties when a taxpayer is owed a refund. Also, the...
IRS Penalties for Filing Past The Income Tax Return Deadline
If you need more time to file your Personal Income Tax Return, IRS Form 4868 can extend your deadline for 6 months. You can easily e-file IRS Form 4868 (Personal...
IRS Penalties: Failure to File vs. Failure to Pay
Failure-To-File and Failure-To-Pay are two separate penalties the IRS can charge you with. The law provides that the IRS can assess a penalty on either or both instances, should they...
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...
One Week Left to E-File Personal Tax Extension
Reminder, next Monday, April 15, 2013 is the deadline to E-File Form 4868– Application for Automatic Extension of Time To File U.S. Individual Income Tax, Return.” You can E-File...