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IRS waives penalty for many whose tax withholding and estimated tax payments fell short in 2018

by raleighcpa | Jan 17, 2019 | Uncategorized

Read to see if these apply to your situation… WASHINGTON — The Internal Revenue Service announced today that it is waiving the estimated tax penalty for many taxpayers whose 2018 federal income tax withholding and estimated tax payments fell short of their total...
What Do I Do If I Owe Taxes And I Can’t Pay When I Send In My Return?

What Do I Do If I Owe Taxes And I Can’t Pay When I Send In My Return?

by raleighcpa | Nov 17, 2018 | IRS2GO Mobile App, Offer in Compromise, Tax Payment Plans, Tax Payments, Uncategorized

The Internal Revenue Service reminds taxpayers who can’t pay the full amount of federal taxes they owe that they should file their tax return on time and pay as much as possible. This will help reduce penalties and interest. If they can’t pay it all, they have some...

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