You can request penalty abatement, following link has more information:https://www.irs.gov/payments/penalty-relief-due-to-first-time-abate-or-other-administrati...
Yes, late filing penalties will apply. If you filed for extension before 03/15/2024, your late filing penalties will apply from 09/15/2024. If you did not file ...
For LLC which is an S Corp, you need to file Form 1120S, even if you had 0 income and some expenses. When you file that form, it will also generate Schedule K1 ...
As per IRS, if you are required to file Form 8938, you must report your financial accounts maintained by a foreign financial institution. Examples of financial ...
