Browsing Tag

tax penalties

8 posts
correcting ira overcontributions

Fixing Excess IRA Contributions Before Penalties Grow

The importance of fixing excess IRA contributions before penalties escalate cannot be overstated; learn the essential steps to protect your savings today.
s corporation election relief

Late S Corporation Election Relief Options

Here’s a glimpse into late S corporation election relief options, helping you navigate penalties and maximize your chances—discover how to avoid costly mistakes.
pay self employment taxes late

What to Do if You Can’T Pay Your Self‑Employment Taxes on Time

Be prepared to act quickly if you can’t pay your self-employment taxes on time, because understanding your options can prevent costly penalties and interest.
safe harbor tax penalties

Estimated Tax Penalties: How the Safe Harbor Rule Saves You

Feeling overwhelmed by estimated tax penalties? Discover how the safe harbor rule can protect you from costly surprises and keep you compliant.
correct worker classification errors

Payroll Tax Nightmares: How to Fix a Misclassified Worker Fast

Getting your worker classification wrong can lead to costly penalties—discover how to fix it quickly before it’s too late.
pay new york taxes online

How to Pay Nys Taxes Online

Access easy methods to pay your NYS taxes online and discover tips that could save you from costly penalties. Find out more now!
taxes due april 15

Are Taxes Due Midnight April 15

Knowing when taxes are due is crucial to avoid penalties, but what happens if April 15 falls on a weekend or holiday?