Apr 22, 2024 | IRS, tax penalties
File Quickly to Avoid Penalties and Interest The IRS encourages taxpayers who missed the April tax filing deadline to file a tax return as soon as they can. Don’t let additional penalties and interest charges accrue even if you missed the tax filing deadline....
Mar 15, 2023 | IRS, tax penalties
Using electronic payment and agreement options for taxpayers who owe can help avoid penalties and interest With the tax deadline approaching, the IRS reminded taxpayers they can avoid late filing and interest penalties by submitting their tax return and any payments...
Sep 15, 2022 | IRS, tax penalties
TAX PENALTIES To help struggling taxpayers affected by the COVID-19 pandemic, the IRS issued Notice 2022-36, which provides penalty relief to most people and businesses who file certain 2019 or 2020 returns late. The IRS is also taking an additional step to help those...
Nov 30, 2021 | tax penalties, tax season, Tax Withholding
Tax Penalty You may find yourself overloaded with tax penalties in any given year. There are a few ways you can lower the burden caused by late or incomplete taxes. Here are some guidelines, tips, and recommendations from tax experts on lowering your costs. Penalties...
