It’s important to file your tax returns on time, even if you can’t afford to pay what you owe. The penalty for failure to file is generally larger than the penalty for failure to pay, so you’ll actually save money in the long run just by staying up to date with your paperwork. If you’ve already missed several filing deadlines, it’s time to get in touch with the professionals at Price Advantage Accounting We’re tax resolution specialists, available to assist you with filing late tax returns, negotiating tax settlements or penalty abatement, and solving all sorts of other tax problems. In and around Orlando, you can count on us for exceptional tax help.
The penalty for filing your taxes late is normally 5% of the unpaid taxes for each month or part of a month that you’re delinquent. The penalty for late payment, meanwhile, is 0.5% of your unpaid taxes and applies for each month or part of a month after the due date. At Price Advantage Accounting, we’ll help you get your paperwork in order, sending everything off to the IRS as soon as possible. If you missed a deadline due to circumstances beyond your control, we’ll do our utmost to get penalties lifted. This tax season, you can become IRS compliant and look forward to a future free from tax troubles. Get the tax help you need by calling now!