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PAY NOW, OR PAY MORE LATER: CORRECTING FORM 5500 FILING FAILURES Missing a Form 5500 filing deadline can trigger huge penalties if the Department of Labor discovers the failure on audit. Happily,
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What is pay now or pay?
Pay now or pay is a tax payment system where taxpayers can choose to pay taxes immediately or set up a payment plan.
Who is required to file pay now or pay?
Taxpayers who owe taxes are required to file pay now or pay.
How to fill out pay now or pay?
To fill out pay now or pay, taxpayers need to enter their tax information, choose a payment method, and submit the payment.
What is the purpose of pay now or pay?
The purpose of pay now or pay is to allow taxpayers to fulfill their tax obligations in a timely manner.
What information must be reported on pay now or pay?
Taxpayers must report their tax liability, payment method, and contact information on pay now or pay.
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