When it comes to paying your taxes to the Internal Revenue Service (IRS), there are a few convenient payment options available to you. This article aims to delve into the various ways...
Posted by Taxes Made EZ Inc on 07/29/2023
As a responsible taxpayer, understanding your obligations and staying on top of your tax payments is crucial to avoid penalties and ensure a smooth tax-filing process. One important...
Posted by Pat Raskob on 06/23/2023
Learn what to do when you have not been paying your estimated quarterly taxes, especially when you may not be able to pay all your owed taxes at once.When it comes to paying federal...
Posted by Taxes Made EZ Inc on 08/24/2022
Most tax practitioners are familiar with reasonable cause as the basis for penalty abatement. But many often overlook another important reason for penalty abatement: the so-called...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 05/27/2022
Those who cannot withhold federal taxes from each paycheck must pay taxes quarterly.United States income tax operates on a pay-as-you-go system, in which the federal government collects...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 11/11/2021
There are multiple options for anyone that wants to pay their taxes. This article will shed light on various payment options available from the IRS.Automatic Payment People who...
We look forward to all kinds of days throughout the year, like birthdays, wedding anniversaries, the Friday before a three-day weekend, Public holidays, etc. However, for the goal...
Estimated tax is the method some employers use to pay income taxes. When paying income taxes, there are two methods allowed by the IRS; the withholding method or, you guessed it, the...
Most would agree that taxes are not an interesting topic. But a proper understanding of the tax rules is essential for employers. It is a special responsibility to manage your employees...