Category: 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

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

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.

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

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,

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

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

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

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

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