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Stay Out of Trouble with the IRS: Penalty Prevention Tips | Ask Ralph Podcast
Tired of worrying about potential IRS penalties? In this episode of the Ask Ralph Podcast, host Ralph Estep Jr. addresses the most frequent penalties that taxpayers face and how to avoid them with appropriate planning and preparedness. Discover the critical steps to avoiding these penalties while retaining more of your hard-earned money. Ralph also offers helpful advice on how to manage your taxes in advance. Tune up to hear about IRS penalties and how to prevent an unpleasant tax surprise.
https://www.askralphpodcast.com/
00:00 Episode Overview About Common IRS Penalties
00:18 Welcome To Tax Talk Thursday
01:21 Daily Bible Verse
01:54 Failure To File Penalty
03:02 Failure To Pay Penalty
04:14 What Options Do You Have To Pay What You Owe?
05:17 Underpayment Penalty
06:22 Accuracy-Related Penalty
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