Understanding the New Jersey Underpayment Tax Penalty: A Comprehensive Guide

Latest Facts and News New Jersey’s current interest rate for tax underpayments is 3% above the prime rate. The state has implemented electronic filing requirements, with penalties for non-compliance. Recent

Comprehensive Guide to IRS 433-D Installment Agreement

Ever found yourself lost in a sea of Internal Revenue Service (IRS) forms, each one looking nearly identical?  You’re not alone.  Tax forms can be confusing, especially when you’re behind

The Complete Guide to IRS Penalties and Waivers

Ever felt the pinch of the IRS taking 5% of your unpaid taxes for each month your tax return is overdue? If you’re more than 60 days late, the penalty

How to apply for IRS non collectible status?

If you’ve landed on this page, you’re probably dealing with tax debt and looking for an easier way to apply for IRS Currently Non-Collectible Status (CNC). The reality is that

How to Fill Out Forms 433-B and 433-B (OIC) for Businesses?

Filling out IRS forms is never easy, but when it comes to Form 433-B and 433-B (OIC), the stakes are especially high for businesses.  These forms determine whether the IRS