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Tax Penalty

IRS: You might owe taxes and not be aware, don’t get fined

IRS: Who needs to file a tax extension?
While many see the IRS suspending notices to taxpayers as a good thing, some people use those as reminders for tax obligations. If the only way you were going to know you had to pay ... more

IRS offers Penalty Abatement, but how do you use it?

IRS: I missed the tax deadline, what happens now?
Many people are not fans of getting penalties from the IRS, and often are denied any sort of break because they didn't follow specific rules. Many times people try to request an abatement, which provides ... more