Have a question about taxes or filing your tax returns? 7 On Your Side is here to help. On Wednesday, March 5 from 3 to 7 PM, ...

Some taxpayers who paid their taxes by the April 15 deadlines are getting notices telling them they still owe money, all because of delays with the IRS electronic payment system.

We have been getting notices in the mail telling us that our real estate taxes were not paid. We called the tax collector and were informed that we owed property taxes for the entire year, even ...

You have options.Consumer Reports is breaking down what to do if you owe a large tax bill.Whether it was income from a side hustle, selling a home, or a child turning 17 last year, several factors ...

Q: We purchased our first home late last year. We have been getting notices in the mail telling us that our real estate taxes were not paid. We called the ...

You still have to report the canceled debt as income on your return, but you will file IRS Form 982, Reduction of Tax Attributes Due to Discharge of Indebtedness, to receive the adjustment. Don ...

Assuming a 15% tax rate for capital gains, they’d owe $7,500, or 15% of their $50,000 gain in excess of the $500,000 exclusion amount and their additional $150,000 in capital improvements. The ...

We have been getting notices in the mail telling us that our real estate taxes were not paid. We called the tax collector and were informed that we owed property taxes for the entire year, even ...