Category Archives: Estimated Taxes

Nine Things You Should Know about Penalties

The tax filing deadline is approaching. If you don’t file your return and pay your tax by the due date you may have to pay a penalty. Here are nine things the IRS wants you to know about the two different penalties you may face if you do not pay or file on time. If […]

Ask TaxMama Issue #1 – Merrily We Tax Along…

Ask TaxMama Merrily We Tax Along… Welcome to the first edition of Ask TaxMama. AskTaxMama will be published every two weeks. You will find the complete text of this issue on the site at http://taxmama.wpengine.com/AskTaxMama/asktm_1.htm Lower Standards For the first time in anyone’s memory, the IRS arrived at a standard mileage rate that was lower than […]