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Posts tagged "Back Taxes or Tax Debt"

Understanding non-payment or underpayment penalties

The tax code in the United States is extremely complex. People generally have only the basic understanding that they need to pay taxes, and going through the steps to file a return can be quite stressful, particularly if someone has multiple sources of income and/or a business.

Avoiding penalties for a late federal tax return

In the last several weeks, we have discussed the upcoming April 15 deadline to file federal tax returns. Although many people may have already completed this process, others might simply be waiting to have all of the information necessary to complete a filing. Since the deadline is looming, many of those who are in this situation might be worried about not having enough time.

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