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IRS waives penalty for many whose tax withholding and estimated tax payments fell short in 2018

by Madelyne Cromwell | Jan 16, 2019 | Penalty Waiver, Withholding Changes

IR-2019-03, January 16, 2019 WASHINGTON — The Internal Revenue Service announced today that it is waiving the estimated tax penalty for many taxpayers whose 2018 federal income tax withholding and estimated tax payments fell short of their total tax liability for the...

IRS will accept individual tax returns on January 28, 2019

by Madelyne Cromwell | Jan 8, 2019 | Events

IR-2019-01, January 7, 2019 WASHINGTON ― Despite the government shutdown, the Internal Revenue Service today confirmed that it will process tax returns beginning January 28, 2019 and provide refunds to taxpayers as scheduled. “We are committed to ensuring that...

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