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How a Small Partnership Can Get The Failure to File Penalty Waived

Face it, no one likes to get letter from the Internal Revenue Service (“IRS”). This is particularly true when you are being assessed a penalty. The IRS has many different penalties.  One penalty they have is the failure to file


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How to Get an IRS Tax Penalty Waived

  The Internal Revenue Service (“IRS”) has many tax penalties for taxpayers that fail to meet certain requirements. Some of these penalties are:


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How to Save $267,892 of Income Tax, Penalties and Interest

A new client came to us late last summer. She dropped off a notice from the Internal Revenue Service (“IRS”). It indicated her and her husband owed $267,892 of back taxes, penalties and interest. I don’t know about you, but


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4 Easy Steps to File Your Income Tax Extension

Your 2012 income tax return is due on April 15, 2013. What if you can’t get it done on time? Here are 4 easy steps to file your income tax extension.     1) Prepare a Tax Projection


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3 Proven Reasons You Should Be Prepared to File a Tax Extension This Year

  The government finally passed the American Taxpayer Relief Act of 2012 at the last minute.  So, we have avoided the Fiscal Cliff…for now.   Now it’s time to file your 2012 tax return. Or is it?   Here are


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