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So one of the goals at Palermo Landsman and Ross is to make sure that we’re getting as close to break even as possible. If the client, you know, the taxpayer, that’s not of importance to them and giving the IRS an interest free loan is not of importance to them, then that’s on them. Read More

Yeah, so about 70 percent of our clientele doesn’t get their tax information from financial institutions in order to file timely. What we try to do is get as much information as they have by the first week of April, and then we do an estimate so that when we file their extension, they’re making Read More

So, the IRS can charge interest and penalties when you don’t timely pay or when you don’t timely pay and file. With the October 15th deadline, your tax must be paid in full and your return must be filed if you’re on extension. If you owe tax and you don’t pay by October 15th, you Read More

2025 is going to be a great year. There’s a lot of critical dates that people need to be aware of to make sure that they are preparing. The most critical dates, of course, is payroll first for 2024 needs to get out by January 31st. So all your 1099s, all your W2s for your Read More