Business Taxes

Tax Return Penalties

The tax code contains a whole boatload of penalties. Some of these penalties related to tax returns failure to pay or failure to file are as follows: If you do not file by the deadline, you might face a failure-to-file penalty. If…

Tips for Managing Your Tax Records

After you file your taxes, you will have many records that may help document items on your tax return. You will need these documents should the IRS select your return for examination. Here are five tips from the IRS about…