IRS

Tax information from the IRS and shared by Vernoia, Enterline + Brewer, CPA LLC.

IRS Automatically Waives Estimated Tax Penalty for Eligible 2018 Filers

The IRS recently announced it is automatically waiving the estimated tax penalty for eligible taxpayers who already filed their 2018 federal income tax returns but did not claim the waiver. Many business owners, especially self-employed individuals who received income subject to withholding, would qualify for this relief.

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