Sept 30 Deadline for IRS Penalty Removal
Today, 30th Sept 2022 is the deadline to file any tax return you haven’t filed yet for 2020 or 2019 to get an automatic penalty removal because of late filing. Pursuant to IRS notice 2022-36. For BUSINESS & INDIVIDUALS.
Reminder: File 2019 and 2020 returns by Sept. 30 to get COVID penalty relief
IRS reminds, struggling individuals and businesses, affected by the COVID-19 pandemic, that they may qualify for late-filing penalty relief if they file their 2019 and 2020 returns by September 30, 2022.
Tax Minute for 14 Sept
People who still haven’t filed a 2021 tax return should file electronically
Extension filers have until October 17 to file but filing electronically helps reduce processing time and correct errors.
+ A list of some of the most common errors taxpayers should avoid.
Tax Minute for Sept 12
September 15 deadline for third quarter estimated tax payments/ Tax relief for Mississippi water crisis victims/ 2021 tax extension filers don’t overlook important tax benefits & More
TAX Minute for Sept. 7
Deadlines for FLORIDA DEPT OF REVENUE, IRS’ NEWS & TIPS + TODAY’S CRIMINAL CASES.
Today’s Publications, Deadlines and New Forms
DEADLINES FOR TODAY:
IRS Deposit payroll tax for payments on Aug 27-30 if the semiweekly deposit rule applies. & FLORIDA DOR Pari-Mutuel (includes slot receipts) Cardrooms
NEW PUBLICATIONS + NEW FORMS
Man sentenced to 14 years for multimillion-dollar fraud on his taxes
A Highland man who used his work history as a San Bernardino County sheriff's deputy to gain investors' trust and later invest millions of dollars with him, only to use their money to fund his extravagant lifestyle, was sentenced today to 168 months in federal prison.
Tax Minute - August 31st
Criminal Tax Case: Shelbyville woman sentenced to 30 months in federal prison for embezzlement and tax fraud.
TODAY’S TAX DEADLINES: For employers, truckers & wagers.
TAX TIPS AND NEWS: Understanding federal tax obligations during Chapter 13 bankruptcy & Parents can boost their back-to-school budget by claiming tax credits and refunds
Florida Corps EP Deadline + IRS & Natural Disaster
Today, deadline for Florida’s Corporate Income Tax Estimated Payment + IRS’ Natural Disaster Preparedness Program
August 29 - Criminal Tax Cases, New Rules & Tax Tips
A former Wall Street stockbroker conspired to not report income to the IRS, Interest Rates for 4th Q & Covid Tax Relief.
Florida DOR receives Electronic Digital Signature + IRS Covid Penalty Relief
The Florida Department of Revenue (Department) accepts electronic digital signatures, as they have the same force and effect as a written signature under Florida law. + IRS provides broad-based penalty relief for certain 2019 and 2020 returns due to the pandemic; $1.2 billion in penalties being refunded to 1.6 million taxpayers.
Deadlines for Today & Other News
Deadlines: IRS’ Deposit payroll tax, Florida’s Oil, Gas & Sulfur Tax + Tips: Businesses can make excise taxes easier by filing and paying electronically
Aspiring entrepreneurs: learn the basics of setting up a business
New entrepreneurs can start out on the right foot by making sure they understand the tax responsibilities of running a business.
Conozca lo básico para iniciar un negocio
Los empresarios novatos pueden comenzar con el pie derecho al entender las responsabilidades tributarias cuando se trata de crear y mantener un negocio.
Taxpayers Rights to Privacy & Other News
The privacy of America's taxpayers is paramount at the IRS. The right to privacy is one of ten rights the Taxpayer Bill of Rights gives all taxpayers. Taxpayers have the right to expect that any IRS inquiry, examination, or enforcement action will comply with the law and be no more intrusive than necessary.
What do you need before going to a Tax Pro?
Taxpayers using a professional tax preparer should make sure they have all their information readily available before their appointment. Collecting their information and getting copies of any missing documents before taxpayers sit down to prepare their return is critical to filing an accurate tax return. Having organized records and information in hand helps prevent filing errors and will likely create a smoother filing experience.
August 16th - IRS News
IRS announces interest rate increases for the fourth quarter of 2022; 6% rate applies to most taxpayers starting Oct. 1
TODAY’S CRIMINAL TAX PROSECUTIONS
Parent sentenced for fraud and bribery in college admissions case - Springfield company pays $1 million related to federal embezzlement, bribery investigation - Kingpin sentenced to life in prison plus 120 months

