Tag Archives: late filing penalty

Missed the tax deadline and owe tax? File by June 14 to avoid higher late-filing penalty.

Taxpayers who owe tax and file their federal income tax return more than 60 days after the deadline will usually face a higher late-filing penalty. For that reason, the Internal Revenue Service urges affected taxpayers to avoid the penalty increase … Continue reading

Posted in IRS, Personal Finance, Personal Taxes, Tax Relief, Tax Tips, Taxes | Tagged , , , ,

What to Know about Late Filing and Late Paying Penalties

The following article was published by the IRS. April 15 was the tax day deadline for most people – though not everybody filed. If you are due a refund, there is no penalty if you file a late tax return. … Continue reading

Posted in Accounting, Personal Finance, Personal Taxes, Tax Extensions, Taxes | Tagged , , , , , ,