Monthly Archives: April 2012

Estimated Tax Payments

Our tax system is a “pay-as-you-go” system, and if your pre-paid amount is not enough, you become liable for non-deductible interest penalties. To facilitate that concept, the government has provided several means of assisting taxpayers in meeting the “pay-as-you-go” requirement.

Posted in Client Education

Can’t Pay by the Due Date?

The vast majority of Americans get a tax refund from the IRS each spring, but what if you are one of those who end up owing?

Posted in Client Education

Penalty Relief

The IRS has new penalty relief for the unemployed and certain self-employed individuals on failure-to-pay penalties, which are one of the biggest factors a financially distressed taxpayer faces on a tax bill.

Posted in Client Education

Tax Filing Deadline is Rapidly Approaching

Just a reminder to those who have not yet filed their 2011 tax return that April 17, 2012 is the due date to either file your return and pay any taxes owed, or file for the automatic six-month extension and

Posted in News