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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What to do after a hit-and-run in Colorado
Bankrate explores what you should do if involved in a hit-and-run in Colorado.
4 min read Oct 11, 2024 -
Does landscaping increase home value?
Here are the plantings that’ll bear fruit, and the ones that might not.
6 min read Aug 03, 2023 -
What is a lienholder?
What is a lienholder and how does it affect your car insurance?
6 min read Jul 21, 2023 -
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 -
Car insurance for an Audi A4
Besides reliability, other factors that could affect an Audi A4’s insurance rates include the model’s safety equipment, vehicle age, mileage traveled, level of insurance coverage and a driver’s record. To find the best car insurance rates for your Audi A4, it can help to understand how varying factors about your vehicle could affect your premium.
5 min read Oct 26, 2022 -
The latest laundry room ideas: design trends, space-savers and smart appliances
Tips to enhance the clothes-washing experience, and even make it enjoyable.
4 min read Jun 02, 2022 -
How do smart ovens work?
How to decide if your kitchen needs one of these pricey but impressive appliances.
4 min read May 26, 2022