CPA

Why An Estimated Tax Checkup May Be Necessary

Why An Estimated Tax Checkup May Be Necessary It’s not a major disaster if you owed some money when you filed your return-after all, you’d rather have the use of the funds for as long as possible. But what you want to avoid is having to pay the IRS a penalty for underpaying your taxes during the year. If you owe the estimated tax underpayment penalty, which is nondeductible, you’re … Read more