The IRS provided another limited waiver of the addition to tax under Sec. 6655 for a corporate taxpayer’s failure to pay estimated income tax with respect to its Sec. 55 corporate alternative minimum ...
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IRS interest rates to remain steep in January -- but there's hope for cuts in 2026
The IRS has announced that the interest rates it charges for underpayments will not change for the first quarter of 2026 — Jan. 1 through March 31. The rates the federal agency pays for overpayments ...
HUNTSVILLE, Ala. (WAFF) - Tax day will be here before we know it, but as of October 1 of last year, the IRS has increased the interest charged on tax underpayments. Financial expert Jay McGowan from ...
WASHINGTON - The IRS is reminding taxpayers whose income is not subject to withholding that an estimated tax payment deadline is fast approaching. Monday, June 17 is the payment deadline for second ...
The IRS underpayment penalty rate has surged to 8%. Because the penalty is assessed daily and interest is added, it's important to pay on schedule. Self-employed individuals may be financially ...
In the U.S., federal income taxes are a pay-as-you-go system. This means the IRS requires you to pay estimated taxes throughout the year—either via withholding from paychecks or by making quarterly ...
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