Educational Tax Tip: Understand What an IRS Extension Really Means
Do you know what happens if you request an IRS extension but don't pay your taxes by the deadline? Filing an extension gives you more time to submit your return, but not more time to pay any taxes you owe. The IRS still expects payment by April 15, 2025. If you miss this deadline, penalties and interest will start to accrue on your unpaid balance — even if you filed for an extension. If you need more time to pay, the IRS offers different relief options for taxpayers struggling to pay. Need help finding
Educational Tax Tip: Know the Cost of Filing Your Taxes Late
Do you know how much the IRS can charge you for filing your taxes late? If you miss the deadline and owe taxes, the failure-to-file penalty is typically 5% of your unpaid balance per month, up to a maximum of 25%. And if your return is over 60 days late, you could face a minimum penalty of $510 or 100% of the tax owed—whichever is less. This is on top of interest and other penalties for not paying. Even if you can’t pay in full, filing on time can help you avoid extra costs. Need help addressing a tax
Educational Tax Tip: IRS Letter 531 – Act Fast to Protect Your Finances
Do you know what an IRS Letter 531 means? This notice informs you of a tax deficiency after an audit and gives you 90 days to petition the U.S. Tax Court if you disagree. Ignoring it means the IRS will assess the tax and send a bill, which can lead to additional interest and penalties. If you choose not to contest and agree with the IRS's findings, you can sign the enclosed waiver form – this may help limit the amount of interest that accrues on your tax balance. Taking action quickly is essential to
Educational Tax Tip: How the IRS Contacts You—And How They Don’t
Have you ever received a call from someone claiming to be the IRS? Don’t panic! The IRS does not initiate contact by phone, text, or email to demand payment or personal information—such scams are on the IRS’s Dirty Dozen list of common frauds. The IRS typically communicates through official letters first, but in certain cases, such as audits or overdue tax bills, they may call or visit after sending notices. If you receive a suspicious call claiming to be from the IRS, do not provide any information—hang
Universal Orlando Resort Guests Can Now Purchase Exciting Products To Enhance Their Visit To Universal Epic Universe, Officially Opening On May 22, 2025 – Including Universal Express, VIP Experiences And More
Orlando, Fla. (March 27, 2025) – Universal Orlando Resort has launched a variety of products to help guests maximize their visit to Universal Epic Universe – the all-new theme park opening on May 22, 2025. Starting today, guests can purchase theme park upgrades like Universal Express, VIP Experiences and My Universal Photos packages. Plus, bookings for Dark Universe’s Darkmoor Monster Makeup Experience – where guests can become their favorite Universal Monster – are also now available. These exciting
The Art of the Global Hustle: How to Build a Thriving Team of Freelancers Across Time Zones
In the world of remote work, a well-oiled freelance team can be your greatest asset—or your biggest headache. Unlike traditional in-house teams, freelancers operate on their own schedules, across different cultures, and often with varying expectations about work and communication. The trick to making it all work? Understanding that a global team isn’t just about delegating tasks but about fostering an ecosystem where trust, productivity, and happiness coexist. Whether you’re managing writers in Berlin,
Educational Tax Tip: Managing Late Payments on an IRS Installment Plan
Is there a grace period if you can’t make your IRS installment payment on the due date? Yes, the IRS allows a 30-day grace period to make your missed payment without canceling your agreement. However, this does not push back your next payment, and if the missed amount is not paid within the grace period, the IRS can terminate your plan. Reinstating a canceled agreement is not guaranteed and could result in severe financial consequences. To avoid issues, make payments on time and, if possible, pay more
Educational Tax Tip: Understanding IRS Notice CP75
Have you received an IRS Notice CP75 and you don’t know what to do? These notices typically request additional documentation to verify tax credits like the Earned Income Credit (EIC) or Additional Child Tax Credit (ACTC). If you receive one, read it carefully, gather the requested documents (such as proof of income or dependent eligibility), and respond by the deadline—usually within 30 days. Failing to reply could result in the IRS adjusting your return and reducing your refund. Need help responding to
Game-Changing Ideas to Elevate Your Restaurant’s Success
Expanding a restaurant goes beyond new menu items or additional locations. A strong brand, streamlined operations, and meaningful community engagement create lasting success. Creative marketing and customer insights help attract and retain loyal diners. Local collaborations and smart technology improve both service and reputation. Exploring franchising or strategic partnerships can open new opportunities for growth. A well-planned approach keeps the business thriving while staying rooted in the
British Swim School to Open State-of-the-Art Pool in Lake Nona Summer 2025
British Swim School of South Orlando is thrilled to announce the upcoming opening of our brand-new, state-of-the-art pool in Lake Nona in the summer of 2025! Conveniently located on Narcoossee Road at 12922 Sunstone AVe, Orlando FL 32832, this facility will be dedicated to providing the community with exceptional swim instruction and water safety education for all ages and abilities. For over eight years, British Swim School has proudly served families across Orlando and Lake Nona with our proven
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Introducing 'Mommy Wants a Break': A New Community for Mothers to Connect and Recharge!
### “Mommy Wants a Break” Initiative to Launch January 24, 2025: A New Community for Mothers Seeking Support and Self-Care** Orlando, FL – Exciting news for mothers everywhere! "Mommy Wants a Break," an innovative initiative dedicated to providing a supportive community for moms, will officially launch on January 24, 2025. This initiative seeks to empower mothers by offering resources, valuable connections, and a space where they can prioritize their self-care amidst the daily challenges of
Universal Orlando Resort Launches First-Ever Specialty License Plate, Proceeds Benefitting Give Kids The World
Universal Orlando Resort and Give Kids The World are continuing their 30-year partnership with the launch of a brand new specialty license plate for Florida residents.Featuring the iconic Universal Orlando globe atop a galactic-inspired background, the specialty plate is now available for pre-sale purchase! All proceeds benefit local nonprofit Give Kids The World to support its mission to create joy, inspire optimism and ignite an enduring sense of hope in the hearts of children with critical illnesses and
Universal Orlando Foundation Grants $1.3 Million to Local Nonprofits
Since its formation in 1998, the Universal Orlando Foundation has awarded millions in grants to organizations and programs in Central Florida that take a proactive approach to addressing the needs of our community in the areas of education, children and families, and basic needs.For the past three years, the UO Foundation has hosted its Celebration of Giving event to recognize its nonprofit partners and the incredible work they do for the Central Florida community, and as an opportunity for the Foundation
Smarter Business Reporting Through Innovative Technologies
Turning data into actionable insights has become essential for navigating modern business challenges. Advanced tools help organizations process and present complex information with clarity, making it easier for teams to act decisively. Secure and accessible formats ensure that vital information reaches the right people without compromise. Integrating cutting-edge solutions into reporting workflows streamlines operations and sharpens strategic focus. These innovations elevate the quality of decision-making
Universal Orlando Resort’s Much-Anticipated New Theme Park, Universal Epic Universe, Officially Opens on May 22, 2025
Orlando, Fla. (Oct. 17, 2024) – The countdown to Epic has officially begun! Universal Orlando Resort’s highly anticipated fourth theme park – Universal Epic Universe – will officially open on May 22, 2025, unlocking the portals to five astounding worlds that will bring to life extraordinary adventures that go beyond guests’ wildest imaginations. Universal Epic Universe is the most ambitious theme park Universal Destinations and Experiences has ever created and will be the next gamechanger for theme park
