Podcasts about late filing

Do you have unfiled S corp returns? Call 866-8000-TAX or visit https://choicetaxrelief.com/free-cons... to book your FREE tax relief consultation!Many business owners and self-employed individuals set up an LLC or a corporation and elect for that entity to be taxed as an S corporation using Form 2553. While the intentions may have been good — after all, an S corporation can save you on self-employment taxes — we often see that budding entrepreneurs fail to keep up with their S corporations' annual tax return filing requirements (Form 1120S at the federal level), and they end up with several years of unfiled S corporation taxes. So here's what you need to know about S corp late filing penalties as well as what you should consider if you have years of unfiled or late S corp returns.⬇️ Free E-Book:- 7 Secrets About Your Tax Debt the IRS Doesn't Want You to Know: https://choicetaxrelief.ac-page.com/s...⬇️ Other Tax Relief Videos:- Your Tax Debt Relief Options Explained:    • Tax Debt Relief EXPLAINED: Here Are t...  - All My Tax Relief Videos:    • TOP ALL-TIME TAX RELIEF VIDEOS 

The None of our Businesses crew gather to discuss Nissan selling its Russian branch for only 1 euro, there will be higher late fees and renewed penalties for the next tax return coming up, scientists are having a hard time creating reproducible experiments, and how body language may affect your business conversations.   Nissan's Loss - https://www.reuters.com/markets/deals/japanese-automaker-nissan-sells-off-russian-business-state-trade-ministry-says-2022-10-11/   Late Filing Penalties - https://www.accountingtoday.com/articles/late-u-s-tax-filers-face-higher-interest-rates-and-renewed-penalties   Reproducibility - https://www.nature.com/articles/533452a   Business Body Language - https://www.forbes.com/sites/forbesbusinesscouncil/2022/08/01/15-common-body-language-mistakes-to-avoid-when-talking-to-vips/?sh=94f7ff55d286   None of Our Businesses Episode 125, October 2022

Many failed to file taxes in 2019 and/or 2020. Well the IRS will forgive those penalties, IF you can hit a fast approaching deadline. Already paid the penalty? More good news. Clark explains. Also, big players like Amazon and CVS are getting into the healthcare industry. But Walmart Health Centers offer unique services and savings to more people.  IRS Cuts Late Filers A Break: Segment 1 Ask Clark: Segment 2 SAVE on Healthcare: Segment 3 Ask Clark: Segment 4   Mentioned on the show: NYTimes: I.R.S. to Refund Late-Filing Penalties for 2019 and 2020 Returns 5 Things To Know About Series I Savings Bonds Uninsured Motorist Coverage (UM) Definition - Investopedia NYTimes.com: CVS Makes $8 Billion Bet on the Return of the House Call Axios: CVS beats out Amazon for Signify Health Walmart Health Center price list How To Open a Roth IRA The Best Places To Buy Eyeglasses Mint Mobile Review: 5 Things To Know Before You Sign Up Vanguard, Fidelity, Schwab - Investing - Clark Howard Community FREE ADVICE: Clark's Consumer Action Center (CAC)   Clark.com resources Episode transcripts Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

A look at what can happen when you don't file on time. Learn more about your ad choices. Visit megaphone.fm/adchoices

Indian Government charges penalties for TDS late filing for those who make the payment late as well as for the late filing of TDS returns. Let's in this post, find out the complete process of TDS late filing charges and interest penalties.

Here's what you need to do step by step if you missed the tax filing deadline and now you're late filing taxes . The post What To Do If You're Late Filing Taxes appeared first on The College Investor.

Here's what you need to do step by step if you missed the tax filing deadline and now you're late filing taxes .

If you receive a conditional two-year green card based on marriage, you are required to file an I-751 petition to remove those conditions before the your two-year card expires. But what happens if you forget? What if lots of time has gone by? Jim explains best next steps in today's video

Are you non-filer? Do you know someone who has not timely filed their tax return in the last year or perhaps for years? Do you know of a corporation that has not filed its tax return? Each year millions of required tax returns go are not filed. According to the IRS, about $131 million is owed in back taxes, penalties, and interest. What should a taxpayer do if they are behind in filing? This episode is for you. I will discuss why timely filing a tax return is vitally important and how you as a taxpayer can be losing money with lost refunds and by paying additional tax, penalties, and interest.

On this episode of No Accounting for Taste, the AccountingWEB team chart the highs and lows of a week that saw HMRC bow to pressure and waive self assessment late filing penalties for one month. There was only one story that gripped accountants this week and that’s the self assessment. This week saw HMRC deliver a last minute reprieve for accountants overwhelmed with Covid support work, homeschooling and of course tax returns. After months of standing firm against relaxing the SA deadline, HMRC recognised “the immense pressure that many people are facing in these unprecedented times” and realised that “it has become increasingly clear that some people will not be able to file their return by 31 January”. HMRC’s 11th hour U-turn gives taxpayers “the breathing space they need to complete and file their returns, without worrying about receiving a penalty”, but has also left frustrated accountants to ask: why did they wait so long? Richard Hattersley and John Stokdyk are joined in accountants' corner this week by Jo Wood, who runs a virtual FD service, to chew over the implications of HMRC's late filing penalty climbdown. For the latest news from the world of accountancy visit AccountingWEB.co.uk

On 3/16/2020, the nutrition supplement retailer GNC submitted a "Notice of Late Filing" to the SEC. For those that aren't aware of what these notices mean, they are requested by publicly-traded to have the SEC grant them longer to submit audited financial statements. When they are filed, it is rarely for a good reason. In this podcast, I breakdown how certain clauses in the debt load of GNC might create issues for them in 2020. The most important clause being that they cannot have a "going concern" footnote in their audited financial statements. Additionally, I talk about options GNC has to further avoid bankruptcy and how the current coronavirus COVID-19 pandemic could help them stay in business through 2020. Finally, I leave with commentary around how brands, partners, and vendors should now be thinking about their relationship with GNC.

https://vimeo.com/394766045 https://www.currentfederaltaxdevelopments.com/podcasts/2020/3/1/2020-03-02-late-filing-week   Current Federal Tax Developments for the week of March 2, 2020: Late Filing Taxpayer who voluntarily exited OVDI program ended up with very poor result. Illnesses of corporate officers not found to give reasonable cause for late filing of S corporation returns. Supreme Court refuses to review Ninth Circuit ruling upholding IRS regulation that only items listed in §7502 can be used to prove timely filing.

Current Federal Tax Developments for the week of March 2, 2020: Late Filing Taxpayer who voluntarily exited OVDI program ended up with very poor result. Illnesses of corporate officers not found to give reasonable cause for late filing of S corporation returns. Supreme Court refuses to review Ninth Circuit ruling upholding IRS regulation that only items listed in §7502 can be used to prove timely filing. Copyright 2020, Kaplan, Inc.

The Supreme Court refuses to review the decision in a case dealing with the IRS's regulations for proving timely filing, an S corporation denied late filing relief and more.

Dr. Friday 0:00 Good day. I’m Dr. Friday, president of Dr. Friday Tax and Financial Firm. To get more info, go to www.drfriday.com. This is a one minute moment. The IRS has broken out some great news. Not really. The fines for filing tax returns have gone up. Here’s the shocker: currently the minimum payment for a turn in turn 60 days or more over is $215 or 100% of the amount required to be shown on the tax return. So if you owe $20,000, the fine can be $20,000. Under the new law, $215 is now increased to $330 or 100% of the amount required to be shown as tax on the return. It is not funny. Make sure you file your taxes on time or you file the extension and then file your taxes on time. Need help? 615-367-0819. Announcer 0:52 You can catch the Dr. Friday Call-In Show live every Saturday afternoon from 2 pm to 3 pm right here on 99.7 WTN.

Inland Revenue's new approach to tax investigations Waste disposal levy good example of an environmental tax How being 6 minutes late could cost the ATO almost $100 million

The bad news is:  The IRS assesses 3 Penalties if you file your taxes late.  Tax Partner, Dave McEuen, with HEB Solutions breaks down how badly you could get hit for not filing on time. The good news is: if you are due money, the IRS won't charge you.  In fact, they'll pay you interest on the money they owe.  But you may have to pick up the phone to call them as the IRS.gov website won't help you in this case. You can follow this show on Twitter and on Facebook.  And to see what Heather does when she's not talking money, go to her personal Twitter page. Be sure to email Heather your questions and request topics you'd like her to cover here.

When a taxpayer gets the results on a tax return and there will be a large penalty, is it better to file or not, especially if the taxpayer is not going to pay off the debt?  How do the penalties work - there are failure to file and failure to pay penalties.  Which is worse?  A discussion of what to do when counseling a client in this situation.  Plus, some recent tax news - a little of it related to politics.

Links:http://money.cnn.com/2018/03/22/pf/tax-filing-mistakes-avoid/index.html http://money.cnn.com/2018/03/15/pf/taxes/penalty-for-filing-taxes-late/index.html?iid=EL https://blog.taxact.com/top-irs-tax-forms/?sc=17108211010103&dclid=CI7o8rWOitoCFYoxaQod7ZADCA

This Podcast is about timing. We examine the case of a traveler who got bitten when she attempted to make use of the hotel to get a package picked up by a private delivery service-a package that happened to contain her petition to the Tax Court which she was filing on the last day available. When the delivery service reported picking up the package the following day, the IRS argued that she had blown her chance to file in Tax Court--and the Tax Court agreed.The case is Austin v. Commissioner, TC Memo 2007-11 and the materials can be downloaded at http://edzollars.com/2007-01-27_Late_Filing.pdf.We also discuss the IRS announcement that 2006 returns won't be due until April 17 due to April 16 being a city holiday in the District of Columbia and its impact at the state level. Finally, this PodCast covers this week's release by Microsoft of the consumer version of Windows Vista and Office 2007. This Podcast is sponsored by Leimberg Information Services, Inc. at http://www.leimbergservices.com Please visit our software, books, and PowerPoint Presentations site at http://www.leimberg.com

We look at the case of a traveler who got bitten when she attempted to make use of the hotel to get a package picked up by a private delivery service-a package that happened to contain her petition to the Tax Court which she was filing on the last day available.  When the delivery service reported picking up the package the following day, the IRS argued that she had blown her chance to file in Tax Court--and the Tax Court agreed.The case is Austin v. Commissioner, TC Memo 2007-11 and the materials can be downloaded at http://edzollars.com/2007-01-27_Late_Filing.pdf.We also discuss the IRS announcement this week that 2006 returns won't be due until April 17 due to April 16 being a city holiday in the District of Columbia and its impact at the state level, and this week's release by Microsoft of the consumer version of Windows Vista and Office 2007.The podcast is sponsored by Leimberg Information Services, located on the web at http://www.leimbergservices.com.

The logic of the application of the IRC to specific situations at times seems to defy common logic, and this week we look at a specific case of such.  In this case, the Tax Court decided that a reasonable cause for late filing that allowed a taxpayer to avoid the late filing penalty was that the court believed the taxpayer in reality had mailed the return on time, even if as a matter of law the return was late filed.  This is an extension of the issue discussed in the October 2005 podcast on proving timely filing.The case in question is Gregorian v. Commissioner, TC Summary 2006-99.The materials can be downloaded from http://edzollars.com/2006-07-15_Late_Filing.pdf .Apologies for some of the audio glitches you'll notice this week.  For various reasons this week I used my Windows laptop to record the podcast--and, as should be clear, the machine proved "suboptimal" even though it used the same tools (hardware and software) as the old Mac iBook I normally use.  We'll be back on the iBook in next week's podcast.The podcast is sponsored by Leimberg Information Services, located on the web at http://www.leimbergservices.com .

This PodCast concerns reasonable cause for late filing. The logic of the application of the IRC to specific situations at times seems to defy common logic. Here, we look at a specific example of such. In this case, the Tax Court decided that a reasonable cause for late filing that allowed a taxpayer to avoid the late filing penalty was that the court believed the taxpayer in reality had mailed the return on time, even if as a matter of law the return was late filed. This is an extension of the issue discussed in the October 2005 podcast on proving timely filing.The case in question is Gregorian v. Commissioner, TC Summary 2006-99.The materials can be downloaded from http://edzollars.com/2006-07-15_Late_Filing.pdf .Apologies for some of the audio glitches. For various reasons, this week I used my Windows laptop to record the podcast--and, as should be clear, the machine proved "suboptimal" even though it used the same tools (hardware and software) as the old Mac iBook I normally use. We'll be back on the iBook in next week's podcast. This Podcast is sponsored by Leimberg Information Services, Inc. at http://www.leimbergservices.com Please visit our software, books, and PowerPoint Presentations site at http://www.leimberg.com

This PodCast concerns reasonable cause for late filing. The logic of the application of the IRC to specific situations at times seems to defy common logic. Here, we look at a specific example of such. In this case, the Tax Court decided that a reasonable cause for late filing that allowed a taxpayer to avoid the late filing penalty was that the court believed the taxpayer in reality had mailed the return on time, even if as a matter of law the return was late filed. This is an extension of the issue discussed in the October 2005 podcast on proving timely filing.The case in question is Gregorian v. Commissioner, TC Summary 2006-99.The materials can be downloaded from http://edzollars.com/2006-07-15_Late_Filing.pdf .Apologies for some of the audio glitches. For various reasons, this week I used my Windows laptop to record the podcast--and, as should be clear, the machine proved "suboptimal" even though it used the same tools (hardware and software) as the old Mac iBook I normally use. We'll be back on the iBook in next week's podcast. This Podcast is sponsored by Leimberg Information Services, Inc. at http://www.leimbergservices.com Please visit our software, books, and PowerPoint Presentations site at http://www.leimberg.com

This PodCast concerns reasonable cause for late filing. The logic of the application of the IRC to specific situations at times seems to defy common logic. Here, we look at a specific example of such. In this case, the Tax Court decided that a reasonable cause for late filing that allowed a taxpayer to avoid the late filing penalty was that the court believed the taxpayer in reality had mailed the return on time, even if as a matter of law the return was late filed. This is an extension of the issue discussed in the October 2005 podcast on proving timely filing.The case in question is Gregorian v. Commissioner, TC Summary 2006-99.The materials can be downloaded from http://edzollars.com/2006-07-15_Late_Filing.pdf .Apologies for some of the audio glitches. For various reasons, this week I used my Windows laptop to record the podcast--and, as should be clear, the machine proved "suboptimal" even though it used the same tools (hardware and software) as the old Mac iBook I normally use. We'll be back on the iBook in next week's podcast. This Podcast is sponsored by Leimberg Information Services, Inc. at http://www.leimbergservices.com Please visit our software, books, and PowerPoint Presentations site at http://www.leimberg.com