Tag: late forms

IRS Allows Late-Payment Penalty Waiver

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.

Late Forms from IRS Lead to Protest

March 4, 2013

CPA firms and organizations throughout the country are doing their part to petition for taxpayer relief. These organizations are raising a question of fairness, as taxpayers wait on the IRS, though IRS deadlines aren’t waiting for taxpayers.