by The TaxResearchPro Team | Jan 27, 2018 | Personal Tax
My client is on an installment agreement with the IRS. How is the monthly payment applied to the outstanding balance? Is it applied to interest, penalties and the principal balance? Furthermore, how is any excess on the monthly payment treated?
by The TaxResearchPro Team | Oct 1, 2015 | Business Tax
I have a client with a partnership that recently filed their Form 1065 partnership return on extension. The client apparently thinks they never signed the tax return when they went to mail it to the IRS. Should the client wait for a notice from the IRS or mail in another copy of the same return when the client doesn’t sign their tax return?