How to Calculate Federal Tax Penalties?

Answer The Internal Revenue Service (IRS) imposes tax penalties on various taxpayer compliance and payment violations. Each penalty has separate guidance on when it is imposed, how the penalty is calculat... Read More »

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Federal Drug Law Penalties?

Federal drug laws provide for uniform and mandatory criminal sentencing of drug related offenses. The goal of federal sentencing guidelines was to remove variances by region and to assure that a gi... Read More »

How to Calculate IRS Interest & Penalties?

Interest and penalties begin accruing on your income tax returns on April 16. Any amount of tax you owe the Internal Revenue Service is due no later than April 15, unless it falls on a weekend, whi... Read More »

How to Calculate Federal Income Tax?

To calculate federal income tax, you need to first estimate your adjusted gross income (AGI). Then, estimated taxable income is determined by subtracting allowable deductions and exemptions from AG... Read More »

How to Calculate Federal Withholding Tax?

Employers are required by federal law to withhold a certain amount of money from your paycheck, based upon the information provided on Form W-4, the Employee's Withholding Allowance Certificate. Ab... Read More »