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In this article we’ll discuss how to make your estimated tax payments to ensure you avoid the IRS underpayment penalty. To determine if you are required to make estimated tax payments to begin with, whether your sole income source is …
I paid all my taxes due by April 15th, there should be no penalty! Such was my argument with the IRS after learning I was being hit with an “underpayment penalty”. I was not a happy camper…the penalty amount was …
The Tax Cuts and Jobs Act (TCJA) enacted in late 2017 ushered in the most sweeping changes to the United States’ Internal Revenue [Tax] Code in more than 30 years. While the changes do not address the RVer lifestyle specifically, many …
Xscapers RV Club has invited me to share accounting and tax tips at their Annual Bash in Quartzsite, AZ in January 2018. Click here for more details. In 2014, my wife and I sold our “sticks and bricks” home and …