To: Straight Vermonter
What penalty? Taxes are due at that time of the year, period. I did it before without problems. It is my business anyhow.
50 posted on
01/09/2015 6:43:32 PM PST by
lavaroise
(A well regulated gun being necessary to the state, the rights of the militia shall not be infringed)
To: lavaroise
if the amount owed is over a certain amount as a percentage of the total taxes, then there is a penalty. The key is getting it so that you owe just under that percentage.
51 posted on
01/09/2015 6:45:26 PM PST by
dfwgator
To: lavaroise
What penalty? Taxes are due at that time of the year, period. I did it before without problems. No, you can't not pay tax all year and then just pay it all on April 15.
http://www.irs.gov/taxtopics/tc306.html
53 posted on
01/09/2015 6:53:36 PM PST by
Straight Vermonter
(Posting from deep behind the Maple Curtain)
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