If you or your corporation files your tax return late, or fails to pay your taxes on time, you could face big penalties. Naturally, you’d think you’d have to pay them. Not true! When you know how to play the game, and learn which buzzwords to use when talking to the IRS, they will show you mercy and forgive those penalties. What’s the first step you need to take to avoid … [Read more...]
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Facing IRS Penalties? Avoid them with IRS Mercy; Here’s How
If you take your eye off the ball and file your tax returns late, or fail to pay your taxes on time, you could face huge penalties. However, if you know how to handle things right, the cold-hearted IRS will show you mercy and forgive your sins and trespasses. How do you get Uncle Sam to let you off the hook and let those penalties slide? You’ll find out when you read my … [Read more...]
IRS Axes 2014 Obamacare Penalties, Amend the W-2s
There’s good news from the IRS! You read that right. As you’ll learn when you read my new article, Uncle Sam has some very good news for you… If you didn’t comply with Obamacare rules in 2014, the IRS likely gave you a big out of those severe $100-a-day penalties! If you did comply with Obamacare rules, you may have overtaxed your employees and, thanks to the new IRS … [Read more...]
How long should you keep your tax records?
When it comes to the tax law, a lot of people don’t understand what the “statute of limitations” really means. They think it governs the length of time they have to hang on to their tax records. Wrong. The “statute of limitations” refers to the window of time when you and the IRS can make changes to your tax returns. The statute of limitations sets the time periods during … [Read more...]
How to avoid a full-scale IRS audit
In this issue, I’m going to tell you how to incur IRS penalties of up to 47.5% and face a full-scale IRS audit. What’s that? You don’t want to pay massive penalties and undergo a full-scale IRS audit? Then be sure to file your tax return on time! If you’re even thinking about filing late or not filing at all, I urge you to spare yourself some terrible pain and read my new … [Read more...]