Filing your tax return and paying what you owe on time is always best. But if you can't pay in full, you still need to file on time and pay what you can. In most cases, you have options for how to make your payments. You can pay by direct debit from your bank account, or [...]
Did you miss the filing deadline? If so, file now and pay as much of your tax bill as you can, ASAP, to avoid penalties and interest. Learn more at IRS.gov/payments.
This article was published by the IRS. The Internal Revenue Service encourages taxpayers who missed the filing deadline to submit their tax return as soon as possible. Those who missed the deadline to file but owe taxes should file timely to avoid additional penalties and interest. Taxpayers should keep in mind that requesting an extension allows [...]
Here's the Part 2 video explaining how to submit a complete and correct Form 8300, Report of Cash Transactions Over $10,000 Received in a Trade or Business. In situations where a transaction is being conducted on behalf of more than one person, including a married couple, or a parent and child, or an employee for an [...]
Submitting a complete and correct Form 8300, Report of Cash Transactions Over $10,000 Received in a Trade or Business, is important. It relieves you of the burden of additional work when a rejected form is sent back to you to correct and then to resubmit. It also helps you avoid penalties. The information you report is [...]
