Every year, people who are required to file tax returns or who could benefit from filing a return fail to do so. Some of them miss their chance to receive a tax refund, while others could run into tax penalties, interest and other problems caused by unpaid IRS tax...
Tax Help
Is A Tax Extension Really Free?
It’s free to request an automatic six-month tax filing extension, but you may be charged late payment penalties and interest until you pay your full tax liability for the year. However, you will avoid the failure-to-file penalty if you request an extension and file...
How to Avoid Tax Underpayments
Underpaying taxes throughout the year results in two problems once tax time comes around: Instead of getting a nice tax refund check, you owe the IRS money. You may be hit with underpayment penalties. Many people end up being charged underpayment penalties out of...