IRS underpayment penalty: Here’s how to avoid getting hit with this tax fine
You may get hit with an IRS underpayment penalty if you don’t pay enough in taxes throughout the year. Here’s how to avoid it.
3 min read
Apr 11, 2025
Cynthia Paez Bowman
Personal Finance Contributor
Highlights
- Finance and business journalist
- Featured in Business Jet Traveler, MSN, CheatSheet.com, Freshome.com and TheSimpleDollar.com
- Works with select startups and women-owned businesses
Experience
Cynthia Paez Bowman is former personal finance contributor at Bankrate. She is a finance and business journalist who has been featured in Business Jet Traveler, MSN, CheatSheet.com, Freshome.com and TheSimpleDollar.com.
She regularly travels to Africa and the Middle East to consult with women’s NGOs about small business development and works with select startups and women-owned businesses to provide growth and visibility.
Cynthia's latest articles
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Car insurance for a Tesla Model S
Tesla Model S insurance costs may vary, depending on factors such as the year of the vehicle, equipment upgrades, the limits set for coverage, driving record, location, your age and other variables unique to each driver. Here’s a closer look at the factors that could affect your premiums.
5 min read Oct 26, 2022