When the IRS fines you, you better pay up, or else there will be more fines and penalties coming your way. This is a step-by-step guide on how to file IRS form 14654 and calculate the 5% penalty for streamlined domestic offshore filers.
Did you forget to pay taxes on time? Or maybe you paid less than the required amount? Did you know that you or your business may be subject to IRS tax penalties and fines?
Making such careless mistakes at tax time can leave you paying more money to the IRS. The good news is that you can avoid these mistakes by being aware of all your tax responsibilities and strictly follow the tax rules and laws.
Are you ready to learn more about how to avoid paying penalties to the IRS? Read our blog on tax penalties to find answers to all your questions and get more tips and tricks from the Silver Tax Group. Understand and learn about your tax responsibilities from the best tax attorneys in this field!
Taxes are due and to make sure you don’t pay for penalties, use these tips on how to avoid a 1120S and 1065 late filing penalty for a low stress tax season.