In many cases your company (or you) should contest IRS penalties, even taxes owed, according to tax experts surveyed by The Wall Street Journal. The IRS says it assessed about 39.6 million penalties in 2016 and forgave about 5.2 million. The tax experts surveyed say there’s no downside to asking for a penalty to be abated, and there’s a good chance the IRS will agree. The most common penalties are for late filing, late payment, and estimated-tax issues.
M-E Accounting & Tax Services, Inc.
Accountants & Bookkeepers in Cape Canaveral, FL
Accountants at M-E Accounting & Tax Services, Inc. offer accounting, bookkeeping, payroll, tax preparation and planning services for individuals and small businesses across Cocoa Beach, Cape Canaveral, Merritt Island, Rockledge, Patrick Air Force Base, Titusville, Port St.Johns, West Cocoa, Satellite Beach.
Our services include: Tax Preparation | Accounting and Bookkeeping | Business Consultation | Payroll Services
I’m Motaz Elkhouly, proud owner of M-E Accounting & Tax Services, Inc.
I look forward to sharing my story. I hope that you will enjoy getting to know me better.