Happy New Year everyone! Important notice to everyone who files W-2’s and Form 1099’s – these Forms must now be filed with the government by January 31 each year. Penalties are significant for not filing by this date. Please let me know if have any questions.
During times when the economy is slow many taxpayers struggle to pay their tax bills. One of the questions I get asked is: “Should I file my tax return late if I do not have the money to pay my tax bill?” My answer is never ever file your tax return late! The penalties for [...]