Category: General

If you find that you have inadvertently missed the filing deadline for your taxes or you simply haven’t managed to get your figures complete in time, don’t panic! While it’s never a good idea to delay filing and there are penalties in place to discourage you from doing just this, there are various options available to you in order to mitigate any further problems and penalties after late filing, if you know how to go about it.…

Each year tax laws change, and a new set of challenges must be faced to successfully comply with tax requirements. There are three main types of tax professionals a person can choose to help them meet their tax filing requirements:

• An enrolled agent– This is a person who has a license from the IRS.