Fees and penalties can eat up your savings, so knowing and using an IRS penalty calculator can save you time, effort, and money.In this article:What Are the IRS Late Fees? How Are IRS Late Fees Calculated? How Can I Use an IRS Penalty and Interest Calculator Correctly? What Do I Do After Calculating My Late Fees? When Do You Use an IRS Payment Plan Form? …Continue Reading
Federal Tax Preparation
How To Deal With The IRS And Your Small Business Tax Debts
For the uninformed, the small business tax process can lead to inaccuracies and money wasted on penalties. Get up to speed with this article.RELATED: Business Vs Hobby: How The IRS Qualifies Hobby Income As A BusinessIn this article:Be Knowledgeable About the Structure of Business Ownership and Schedule of Taxes Know the Small Business Tax Rate Send the …Continue Reading
A Guide To Estimated Taxes For Small Business Owners
The IRS takes the estimated taxes for small business owners and independent contractors seriously, which makes accurate tax guides crucial for business owners.RELATED: Tips To Contact The IRS If You: Receive A Notice, Owe Back Taxes, Etc?In this article:Estimated Tax Payments: A Primer Who Pays for These Estimated Taxes? What Happens If the Taxpayer Did Not …Continue Reading
IRS CP2000 Notices | Income Underreporting At A Glance
A taxpayer need not panic should he or she receive a CP2000 Notice about income underreporting, as long as they know how to handle the process properly.RELATED: 9 Types Of IRS Letters And Notices And What They MeanIn this article:What Is the IRS CP2000 Notice For? What Does the CP2000 Contain? Who Typically Receives a CP2000 Notice? How Does the IRS Find …Continue Reading
Penalties For Late Filing Of Business Taxes
Business taxes make up the lion’s share of tax revenues, which makes any late tax filing an important matter for the IRS.RELATED: What Happens If You File Taxes Late | Frequently Asked Questions About Missing Tax DeadlinesIn this article:When Are Business Taxes Due? What Happens If You File Taxes Late? What Are the Penalties for Filing Taxes Late? Why …Continue Reading
