IRS Waives Penalty for Many Whose Tax Withholding and Estimated Tax Payments Fell Short in 2018

IRS Waives Penalty for Many Whose Tax Withholding and Estimated Tax Payments Fell Short in 2018

Did you fall short on paying your 2018 federal income tax withholding and estimated tax payments? The Internal Revenue Service recently announced that if you paid at least 85 percent of your total tax liability during the year, they will be waiving the penalty. 

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