Generally, taxpayers who owe from previous tax years can file an amended return and send a check to cover the missed bill. The harm that taxpayer faces depends on the details, but generally equates to a relatively small interest penalty. Unfortunately, in light of...
The coronavirus is shutting down businesses throughout the country. Health care experts are recommending precautions to help curb the spread of the disease. One recommendation: social distancing. This safety measure is not always possible, especially for those who are...
With the country in a time of crisis, the IRS is stepping up, extending more tax deadlines not only for individuals but also companies, trusts, estates, corporations, and others to help provide both individuals and entities with the added time they need to file and...