Tag: failure-to-file penalty

Missing a tax deadline is never fun. While your initial reaction may be an “O.M.G. Moment,” there is life after missing a tax deadline. No, the IRS won’t

One of the top responsibilities of employers is handling annual tax filing requirements for their employees. Form W-2 must be sent to employees each year and filed with the

Summary: If you failed to file your 94x Series Form, you need to as soon as possible to avoid substantial IRS penalties. You will be penalized 5% of

There is a difference between failing to file your taxes on time and failing to pay your taxes on time.  The law provides that the IRS can assess