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Daily Archives: November 21, 2024

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Beware: The Dangers of Underpayment Penalties That Could Cost You Big This Tax Season

Blog, New Year/End of Year, TaxBy Editorial TeamNovember 21, 2024

Did you know the IRS charges an 8% penalty on underpaid estimated taxes in 2024? Managing your estimated payments is critical, especially with fluctuating income or unexpected gains.

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