Category Archives: Personal Taxes

Blog entries discussing Personal Taxes

Late Filing & Payment Penalty Facts

Late Filing & Payment Penalty Facts

Late Filing & Payment Penalty Facts
Late Filing & Payment Penalty Facts

April 15 is the annual deadline for most people to file their federal income tax return and pay any taxes they owe. If, for whatever reason, you missed the deadline you may be assessed penalties for both failing to file a tax return and for failing to pay taxes they owe by the deadline. Here are eight important facts every taxpayer should know about penalties for filing or paying late: Continue reading Late Filing & Payment Penalty Facts

Facts on Filing an Amended Tax Return

Facts on Filing an Amended Tax Return

Facts on Filing an Amended Tax Return
Facts on Filing an Amended Tax Return

What should you do if you already filed your federal tax return and then discover a mistake?

First of all, don’t worry. In most cases all you have to do is file an amended tax return. But before you do that, here are 10 facts you should be aware of when filing an amended tax return. Continue reading Facts on Filing an Amended Tax Return