March 2, 2015
As part of the tax return filing process for 2014, taxpayers who received advance payments of the premium tax credit must reconcile the amount of credit they are eligible for with the amount of advance credit received. For some taxpayers, the reconciliation process may result in an excess advance payment that must be repaid as an additional tax. This additional tax may come as a surprise to many unsuspecting taxpayers who are unable to pay the balance due when filing their return. In response, the IRS has provided penalty relief for taxpayers that have a balance due for the 2014 tax year due to excess advance payments of the premium tax credit. Penalty abatement is available for the failure to pay penalty and the underpayment of estimated tax penalty.
Once your taxes have been filed, first, take a moment to breathe a big sigh of relief…and then enjoy some Tax Day (April 15, 2019) discounts. There’s nothing like a good deal to take the sting out of tax obligations. Below, we’ve compiled a short list of best food and drink deals, taken from offer.com.
The long stretch from the end of the winter holiday season until the next break in your routine can feel like eternity. If you feel the need to reboot your enthusiasm as the spring season arrives, try these tips:
Our most precious commodity is time—and our attention is a close second. That’s why everyone can use some help on how to tune out daily distractions. We compiled the following helpful tips from copyblogger.com to get you started on dialing down distractions: