In September, there were still about 17.6 million tax returns awaiting processing, and the IRS anticipates receiving over 4 million more returns in October. The
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Need Help Figuring Your Estimated Payments? IRS Made A Video.
Estimated payments for the third quarter are due September 15, 2020. You can find out more about the deadline here. But you need a little
Read MoreIRS Offers Penalty Relief For Taxpayers Who Didn’t Withhold Enough In 2018
Last year, the General Accounting Office (GAO) warned that millions of taxpayers could owe more in taxes come tax time. Without proper planning (and a withholding checkup), those
Read MoreTaxes From A To Z (2013): A Is For Annualized Income Installment Method
Today, I’m kicking off my annual “Taxes from A to Z” series. As part of the series, I plan to focus on tax terms that
Read MoreTaxes From A To Z: P Is For Penalty On Estimated Tax
P is for Penalty on Estimated Tax. If you receive payments or other funds without having any federal income taxes withheld, you should consider making
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