Best Tax Preparation Services in Davie, FL

Are you an independent adult industry contractor? Commonly, you might miss filing your taxes or forget to include your 1099s. Such mistakes come with huge penalties upon you. The IRS provides no distinction for adult industry workers. However, according to the guidelines, every adult industry worker must report and pay the applicable taxes before the deadline. If you fail to pay the taxable amount on time, a penalty called "Failure to File" applies to you. The penalty applies to both adult industry workers and independent contractors. The longer you miss paying the taxes, the higher the penalty and interest will be upon you. Based on the amount of your payable taxes, the penalty might be 5% and may be up to a maximum of 25%. In case of unpaid taxes, another penalty applies that includes an additional 0.5% of your total unpaid amount for every month. Taking the proper steps is necessary to protect yourself from tax obligations and avoid getting into trouble with the IRS. An adult industry tax attorney can help you get enough knowledge and advice to file your tax returns. Press the button below and learn about filing taxes and other legal processes.