Running a business across the United States comes with tremendous opportunity, but failing to adhere to federal tax timelines can result in devastating compounding penalties...
The IRS treats these differently. The Failure to File penalty is typically 5% of unpaid taxes for each month the return is late, while Failure to Pay is 0.5%. We ensure both deadlines are rigidly met.
"The IRS assesses billions of dollars in preventable civil penalties annually. Active representation is the only shield."
A common trap for S-Corps and LLCs. You must pay estimated taxes quarterly. We calculate safe harbor rules to guarantee you are not hit with surprise fees in April.
If you have already received an IRS Notice, contact us immediately. We hold federal Power of Attorney to defend you.
Get IRS RepresentationStingley CPA - the United States Based Certified Public Accountants
The IRS assesses a failure to file penalty of 5% of unpaid taxes for each month your return is late, emphasizing the importance of timely filing.
Yes, an LLC (especially those electing S-Corp status) must typically remit quarterly estimated tax payments to avoid underpayment penalties at year-end.
In many cases, yes. First-time penalty abatement or reasonable cause defenses can be filed by your CPA to reverse costly IRS penalties.