Home Ideas How to Avoid Paying a Penalty If You Filed Your Taxes Late

How to Avoid Paying a Penalty If You Filed Your Taxes Late

55

If you missed last week’s extended tax filing deadline, you might be feeling anxious about getting hit with late-filing penalties by the IRS. However, if you don’t have a recent history of filing your taxes late, it’s possible to apply for something called a first-time penalty abatement, which will waive some of your…

Read more…

Source: LifeHacker.com