IRS warns of higher penalties for filing after June 14 | Accounting Today
The IRS charges the penalty for each month or part of a month that a tax return is late. If the return is over 60 days late, there’s a minimum penalty, either $210 or 100 percent of the unpaid tax -- whichever is less.
Call or text Morales Services, Inc. at 352-358-1413 today if you still need to file your taxes OR if you want your tax situation reviewed to make sure you’re withholding enough for 2019.
Read full article here.
https://www.accountingtoday.com/news/irs-warns-taxpayers-will-face-higher-penalties-for-filing-after-june-14