October 15th Tax Filing Deadline for Extension Filers Approaches
October 15th 2010 is quickly approaching. This is an important date for the millions of taxpayers that filed for a 2009 tax filing extension. This deadline is important to not miss because after this date taxpayers can face some serious tax penalties and interest for unfiled or unpaid taxes. Below are […]
In an attempt to collect Illinois back taxes the state of Illinois is implementing a tax amnesty program. Illinois Governor Pat Quinn plans this tax amnesty program will bring in hundreds of millions of dollars to help Illinois’s struggling economy.
Finding a great tax relief company can significantly help your tax situation and overall financial situation. Tax code is complex and there are many more ins and outs to tax laws than many people realize. There can be two people with extremely similar tax and financial situations but can receive significantly […]
When it comes to issuing penalties the IRS shows no remorse. They have computers that automatically generate penalty after penalty depending upon what the taxpayer did wrong. One good thing to know is that the IRS is actually pretty lenient with allowing taxpayers to remove the penalties that they owe. Before the […]