asked

My brother-in-law, a former Wall Street accountant, does our taxes. He wasn't able to finish the paperwork before yesterday's filing deadline. He will be getting the paperwork to me later today. Turns out that we owe $2500! We will send in the returns with a check by tomorrow. Is there anything that I can do at this point to minimize the penalties for the late filing and payment?

July 3rd, 2024

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