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Thousand Oaks California online Form 3949-A: What You Should Know

Form 3949-A is a great tool to protect the citizens from tax fraud; if you notice suspicious activity in your area let the IRS know about it today! Have questions about federal withholding requirements? Check out how to calculate your tax refund here. You would be surprised with how many taxpayers fail to fully report their federal taxes for various reasons. The IRS requires taxpayers to send a form 1099 by April 15, 2017. The tax code currently contains provisions for tax non-compliance that often make it impossible for taxpayers to pay the full amount needed to cover their tax liability. Taxpayers should be aware that failing to accurately report income and withholding or to properly calculate tax liability can result in penalties for various reasons; and there is an IRS penalty phase-in of up to 300% of the tax owed. You can now add your name or any email address to stay informed of the latest developments in tax law issues via Email.

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