When You Can’t Afford to Pay Your Taxes Now
April 9, 2013
Taxpayers who are having trouble paying what they owe may qualify for payment plans and other relief. Check things out online.
April 9, 2013
Taxpayers who are having trouble paying what they owe may qualify for payment plans and other relief. Check things out online.
April 8, 2013
When it comes to filing your income tax return and paying the taxes you owe, don’t expect any favors. You face penalties for failing to file and filing late; and, if you also owe taxes, you face penalties for failing to pay and paying late.
April 1, 2013
Many professional tax preparation services agree that this tax season is unprecendented in the number of last-minute tax filers.
March 29, 2013
This offer applies to clients who have suffered delays and setbacks in getting their tax records and necessary tax forms compiled in time for processing and submission by the April 15th deadline.
March 26, 2013
If your lender cancelled or forgave your mortgage debt in 2012, the debt forgiveness generally results in taxable income. Yet there is some tax relief for those who qualify.
March 25, 2013
The taxpayer will be responsible for detailing how the late payment was connected to a specific delayed form or forms in order to qualify for a penalty waiver. Here is the entire list of 31 delayed forms.
March 21, 2013
The IRS has announced it will waive the penalty normally assessed for late payment of income tax for taxpayers who are affected by the delayed release of 31 different forms commonly used for tax preparation.
March 20, 2013
The recent filing mistake by large-volume tax preparation provider H&R Block has now resulted in a class action lawsuit.
March 19, 2013
Because there are so many unknowns and changes, planning for how taxes will affect your savings and your retirement income has become an annual ‘must do’.
March 14, 2013
The IRS predicts the error could delay refunds to the affected taxpayers by several weeks.