How to Use IRS First Time Penalty Abatement to Save on Taxes?
First time penalty abatement (FTA ) is an IRS procedure under which you do not need to give any "reasonable...
Prashant Thakur is a tax advisor . He has written two books on tax laws of India. He regularly writes on his paid-only website http://taxworry.com. He is learning about the Internal Revenue Code of USA as many of clients and readers are of India origin and also are tax resident of USA . So . solving their tax issues require reference to IRC of USA.
First time penalty abatement (FTA ) is an IRS procedure under which you do not need to give any "reasonable...
Standard deduction is substantially increased after passing of Tax Cuts & Jobs and is a major deduction for US taxpayers...
Internal Revenue Code provides for tax payment liability as you earn. IN other words, you need to pay tax on...
Calculator for Form 2100 gives you an instant finding if you need to fill Form 2210 which is needed if...
If you have paid more taxes than you are supposed to have, your tax return will show a refund due....
1031 exchange rule gets a heavy change vide the recently passed law-The Tax Cuts & Jobs Act. So, one of...