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DoTax.com is an internet web portal for accounting and tax preparation related information. Our mission is to help individuals, businesses and professionals do their taxes with minimal effort. Learn about tax laws and software used to process and file them, ask a tax-related question from your peers or tax professionals as well as find an accountant or a tax preparer.
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March 22, 2019
The IRS announced on Friday that it is amending Notice 2019-11 to lower the amount of tax that an individual must have paid in 2018 to avoid the underpayment of estimated income tax penalty to 80% (Notice 2019-25). The change was made after concerns were raised that the earlier relief, which...