Skip to content

QuickBooks For Real Estate Investors

QuickBooks For Investors America's Only Complete System For Real Estate Investors using Quick Books Pro

  • Home
  • JOIN NOW!
  • Investor Books Pro
  • Workshop Videos
  • Support
  • Log In

Can the IRS impose penalties if a return is not filed/tax not paid?

Posted on February 16, 2016June 11, 2024 By Mike Butler

Yes, the IRS can impose penalties if a tax return is not timely filed or if a tax liability is not timely paid. As with all IRS penalties, the rules are complex. However, a taxpayer may avoid a penalty if he or she shows reasonable cause.

Please login to view more of this post

INVESTOR BOOKS, Tax Updates Tags:tax update, mike grinnan cpa

Post navigation

Previous Post: New Tenant on Section 8
Next Post: Resident Rewards Program in Tenant Tracking

Related Posts

  • Property Taxes Paid from Escrowed Funds Held by Lender INVESTOR BOOKS
  • QuickBooks for Real Estate Flips How To Enter Repairs INVESTOR BOOKS
  • VENDORS – How to Put All Notes on a Page in Chronological Order HOW TO VIDEOS
  • How To Set Up Recurring Payments and Transactions In QuickBooks with Investor Books Pro System INVESTOR BOOKS
  • QuickBooks Question on Installment Sales and Statements INVESTOR BOOKS
  • QuickBooks for Real Estate – How To Enter Bad Checks HOW TO VIDEOS

More Related Articles

How To Enter The Sale of Real Estate with a Loan on it (Not Paid For) HOW TO VIDEOS
Paying Bills INVESTOR BOOKS
Update IRS Tax Proposal on 100% Depreciation from Mike Grinnan CPA INVESTOR BOOKS
How To Set Up Recurring Payments and Transactions In QuickBooks with Investor Books Pro System INVESTOR BOOKS
Escrowed Funds Refund Overpayment on Reserves Held by Lender HOW TO VIDEOS
QuickBooks for Real Estate Flips How To Enter Repairs INVESTOR BOOKS

Library

  • GETTING STARTED (3)
    • Why 2 Company Files (1)
    • What is Investor Books Pro? (1)
    • What is Tenant Tracking? (1)
  • REGISTERED USERS ONLY (14)
    • STEP 1 – "Post Office Method" Accounting Training (1)
    • STEP 2 – Investor Books Pro System (1)
    • STEP 3 – Fast Start Guide (2)
    • STEP 4 – Setting Auto BackUps (2)
    • STEP 5 – Multiple Users (1)
    • STEP 6 – Multiple Entities Partnership (1)
    • STEP 7 – Entering Old Transactions (2)
    • STEP 8 – Speed Buttons (2)
  • HOW TO VIDEOS (54)
  • INVESTOR BOOKS (60)
    • Auto-Billing (1)
    • Bad Checks (1)
    • Borrow Money (7)
    • Capitalized (3)
    • Closing Statements (17)
      • ARMs Adjustable Rate Mortgages (1)
      • Buying (9)
      • Selling (6)
      • ReFinance (1)
      • 1031 Tax Deferred Exchange (1)
    • Depreciation (1)
    • Earnest Money (1)
    • Escrow Accounts (7)
    • Flips (2)
    • Invoices (2)
    • Loan Money (2)
    • Memorized Transactions (3)
    • Multiple Entities (4)
    • Option To Buy (1)
    • Property Taxes (1)
    • Rehab (1)
    • Repairs (4)
    • Tax Updates (9)
    • Troubleshoot (8)
    • Vendors (1)
  • TENANT TRACKING (24)
    • Getting Started (4)
    • New Tenants (6)
      • Section 8 (2)
    • Existing Tenants (12)
      • Work Orders (3)
      • Statements (2)
      • Late Charges (4)
      • Move Out (4)
      • Discounts (1)
    • Collections (1)
    • Auto-Billing (1)
    • QB Upgrade (1)
  • OTHERS (5)
    • Free (2)
    • Tools (2)
    • Reviews (1)
  • YEAR END STUFF TO DO (9)
    • Year End (7)
  • UPDATES (1)

Search By Topic

Balance Sheet buying Buying RE Buy Real Estate with Loan Capitalized Expenses Cash Expenses Cash From Me Closing Statement Buying Computer Crash Daily Late Charges Depreciation Escrow Accounts escrow analysis Escrow Refunds escrows Getting Started How To Enter HUD 1 INVESTOR BOOKS Investor Books Pro landlording Loan Customers mike grinnan cpa Multiple Entities New Computer New Tenant Notes Paying Bills Post Office Accounting property management Purchase Real Estate quickbooks QuickBooks Basics quickbooks for real estate quickbooks pro for real estate repairs Reports Resident Rewards Retrieving Data selling statements Tax Time tax update TENANT TRACKING Tenant Turnovers wholesale
Saturday, 10:32 am EST
June 28, 2025

Got a Question? CLICK HERE
QuickBooks
5 Hour Workshop

forOnly $19

24-7 access Zoom Video Recordings from Workshop
includes WorkBook Study Guide and Q&A

includes
-WorkBook Study Guide
-30 day access to Video Recording

FREE for Registered Users
FREE for Platinum Members

FREE Investor Training

30 min Expert Review

Got a Question? CLICK HERE

Copyright since MMII Wealth Building 24-7 LLC 2022 | www.QuickBooksForInvestors.com | All Rights Reserved.
Disclaimer | Terms of Use | Privacy Policy