… the wrath of the IRS. Late Payments Cash flow crunches are an inevitable event for practically every business. So, what happens if you make a late payment for employment taxes. Unless you can show a reasonable reason for the delay, the IRS is going to penalize you. Late payment penalties range in amount depending on the delay. If the delay is less than six days, the penalty is two percent. Delay for six to 15 days and you are looking at five per…
Filed under Tax Refunds by on Aug 13th, 2009.
Debt Resolution, IRS Settlements Offer Help for Serious Tax Problems San Mateo, Calif., – With tax day behind us, consumers and business owners who owe the IRS are not out of the woods. But while death and taxes are the big two inevitabilities, those with serious tax problems should know that it is possible to negotiate with the IRS to reduce past-due tax penalties and payments, according to Bradford G. Stroh, co-founder and CEO of Freedom…
Filed under Tax Refunds by on Aug 9th, 2009.
…-strapped states these kinds of as North Carolina, Alabama and Hawaii have been forced to slow down issuing revenue tax refunds to folks and corporations because of a lack of money in their finances. Kansas has hinted that a delay may be possible, and processing paper refunds in Iowa has slowed simply because the state doesn’t haven’t enough staff to get them processed faster. Another state, New York, is even now considering no matt…
Filed under Alabama Department Of Revenue Tax Refund by on Mar 10th, 2011. 3 Comments.
Question by Me1984: Where in the heck is my state refund from NC 2010? I filed my taxes a month ago with my tax accountant, and I received my federal refund back in a week, but I am still waiting on my $ 94 from the State. I live in NC and understand there is a delay. How long and when will I expect to get it back? What is up with the State, and why are they taking so long. Is there going to be a cash incentive for the delay? Nc Tax Refunds Del…
Filed under Nc Tax Refunds Delayed by on Mar 15th, 2011. 1 Comment.
Tax Refund Delays 2010 January normally marks the beginning of the IRS tax filing period. But following Congress took so lengthy to concur on a tax bill in late 2010, the IRS is running a couple of weeks behind on currently being ready to accept hundreds of thousands of tax returns. Taxpayers who itemize deductions and file their taxes electronically might have to wait till at minimum mid-February to file simply because the IRS was not capable t…
Filed under Tax Refund Delays 2010 by on Mar 27th, 2011. Comment.