New Post/Thread Notification: CreditWrench IRS TAX FORUM

Hello,

ICU812 has just posted in the CreditWrench IRS TAX FORUM forum of CreditWrench under the title of Do I need to file a tax form for 2006 Q1?.

This thread is located at http://www.creditwrench.com/consumers/showthread.php?threadid=1041

Here is the message that has just been posted:
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How much is the penalty fee (I'm just curious to know)?Back around 1990 the late fee was $50.00. Don't know what it is today. A penalty was assessed by use of a percentage based on how much money you owed them and how late you are. I can't tell what those figures are.

Also the due date is April 15th (for this quarter)?No. The Form 941 is always due the last day of the month following the last month of the quarter. That makes it April 30th for this quarter. Do you have an EIN yet?

What software should I use? The company's business will be an internet business. QuickBooks, TurboTax or else?That's up to you. I've only used QB for my accounting and payroll. It has worked well for me. I own an automobile repair shop so I have a management program I also use that is designed just for auto repair. What does your accountant recommend?
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