One Dollar of Tax Would Have Avoided $94,671.53 of Penalty
By EsqSocial Corporation 08/05/15
A corporation filed a 2008 income tax return reflecting a tax liability of “$0.00.” In the following year, the Corporation made no estimated income tax payments, based on Internal Revenue Code Section 6655(d)(1)(B) which provides that required annual...
By: Charles (Chuck) Rubin