2011 Taxes: Late Filing Penalties for LLC, S Corp, and Partnership Returns
There is a lot of controversy about the current spending habits of our Federal Administration. Because of the many bailouts and several other reasons, our national debit is at a record high and getting bigger every minute. This has caused the IRS to start looking for ways that they can collect money, and they are changing their practices to bring in revenue. One major change we are seeing is that the IRS is looking at all the laws that they haven't been as "strict" on over the past few years and finding ways to cash in on them.
Posted in: Taxes Tools
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