If you can't file your federal income tax return by the due date, you can usually get more time by requesting an extension. To avoid penalties, you will need to complete Federal...
Posted by Abundant Wealth Planning LLC on 06/06/2021
Every individual working and earning money offshores will always have to think about international taxes. This is reasonable as market globalization gave birth to a pretty complex...
Posted by Abundant Wealth Planning LLC on 05/24/2021
This article explores a step-by-step plan to set up a payment plan with Uncle Sam.File Outstanding Returns All your tax returns must be filed before your instalment agreement...
Posted by The TaxAdvocate Group, LLC on 05/24/2021
It is possible to estimate how much you owe without getting in touch with Uncle Sam. The process of knowing if you owe Uncle Sam back taxes is a factor of what the tax relates...
Posted by Rosovich & Associates, Inc. on 05/24/2021
The COVID-19 pandemic is complicating several people's efforts to file their 2020 taxes ahead of schedule, but the good news is that the Internal Revenue Service (IRS) has been...
Posted by Elliot Kravitz, ATP on 05/06/2021
There are times one might have a huge tax debt. In such cases, a monthly payment plan is the best way to pay the debt. There are various arrangements offered by Uncle Sam with which...
Posted by Unifirst Financial & Tax Consultants on 05/06/2021
Some errors on your tax return can cost you a large refund or end up with a larger tax debt with penalties and interest. There could be an audit in the worst cases, but you can defend...
Posted by Jim McClaflin, EA, NTPI Fellow on 04/30/2021
Reasonable cause is based on objective facts and circumstances. What constitutes "reasonable cause" under code section 6651 to avoid penalties for failure to file an...
Posted by The TaxAdvocate Group, LLC on 04/06/2021
The country is gradually recovering from the Coronavirus's effects, and the tax deadline has been pushed until May 17th and while we have just over a month to the filing deadline,...
Posted by Tiffany Gaskin on 04/06/2021
