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How to Avoid Paying IRS Penalties!

💰 Ready to save THOUSANDS in taxes? Enroll in my course here 👉 https://navimarajcpa.teachable.com/p/... In this video, Navi will discuss the 3 most common IRS penalties that individuals and businesses may face, and provide you with easy-to-follow tips on how to avoid them. By understanding the IRS penalty system and implementing these simple strategies, you can protect yourself from costly fines and consequences. Stay informed! Enjoy watching! 💰Check out our website - https://navimarajcpa.com/ 📁 Setup your LLC or Corporation for FREE 📁 FileYourBusiness.com: https://www.fileyourbusiness.com/ Inc Authority: http://bit.ly/incauthoritycoupon IncFile: http://bit.ly/incfilecoupon ZenBusiness: http://bit.ly/zenbusinesscoupon ABOUT ME I help entrepreneurs save thousands of dollars in taxes! I accomplish this in two ways: 1. Course I've created a course designed to convert business owners into tax-savvy entrepreneurs who confidently implement strategies that save them thousands of dollars in taxes each year. 2. Full-Service Accounting & Tax Firm We help entrepreneurs with their tax preparation, tax planning & implementation of strategies, bookkeeping, payroll, and wealth creation via our full-service CPA firm. LET’S CONNECT Website: https://navimarajcpa.com/ Facebook:   / navimarajcpa   Instagram:   / navimarajcpa   LinkedIn:   / navi-maraj-cpa-78b9b250   X:   / navimarajcpa   YouTube:    / @navimarajcpa   RECOMMENDED VIDEOS If you enjoyed this video, I invite you to watch the following two:    • CPA EXPLAINS Tax Differences: LLC, S ...      • Sole Prop, LLC, S Corp, C Corp & Part...   I guarantee you will find them valuable. CHAPTERS 00:00 Introduction 00:54 Penalty 1: Failure to File - Individual Tax Returns 02:21 Penalty 2: Failure to File - Business Tax Returns 04:47 Penalty 3: Failure To Pay 11:25 Final Thoughts Disclaimer: This video was created for informational purposes and it is not to be construed as legal and tax advice specific to your unique situation. Some of the links above are affiliate links which means that if you purchase a product or service with the provided link, I may receive a commission with no additional cost to you. © Navi Maraj CPA PLLC. All rights reserved. #IRSPenalties #TaxTips #TaxAdvice #TaxPlanning #TaxAvoidance #FinancialStrategy #IRSCompliance #TaxPreparation #BusinessFinance #PersonalFinance