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 [...]
This article was published by the IRS. Taxpayers who need more time to file should request an extension by the April 15 deadline. Taxpayers that request an extension by the April 15 tax filing due date will have until Oct. 15 to file without penalties. An extension gives extra time to file, but it does not [...]
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 [...]
This article was published by the IRS. With the April 15 tax deadline fast approaching, Internal Revenue Service reminds taxpayers there is still time to file their federal income tax return electronically and request direct deposit of any refund. When taxpayers choose direct deposit, they usually receive their refund within 21 days. Use Where's My Refund? [...]
