Tag Archives: waives penalties for qualifying fishermen
IRS waives penalties for qualifying farmers, fishermen
The IRS will waive the estimated tax penalty for any qualifying farmer or fisherman who files a 2018 federal income tax return and pays any tax due by Monday, April 15. The deadline is Wednesday, April 17, for taxpayers in Maine and Massachusetts. The IRS is providing this relief because, due to certain rule changes, many farmers and fishermen may have difficulty accurately determining their tax liability by the March 1 deadline that usually applies to them. >click to read<09:36
