Still haven't filed your 2024 taxes? Here are the key questions to ask a tax pro before you make any other moves.

If a taxpayer is unable to afford their complete tax debt, they may be able to make a compromise for a lower amount due. A ...

Key Points Taxpayers are owed a lot of money in unclaimed refunds. You have three years from the tax filing deadline to ...

Tax day, April 15, is fast approaching, and millions of Americans are rushing to gather their financial documents ... No one wants to owe the IRS, but it's not the end of the world if you do.

US income taxes ... to file. Will an extension delay paying taxes you owe? No. Extending your filing deadline doesn't delay when you have to pay taxes that you may owe. According to the IRS ...

With the clock ticking on tax season ... Get all the news you need in your inbox each morning. The IRS says there is no penalty for failing to file until now if a refund is due, but in order ...

As we inch toward the final tax filing deadline ... the failure-to-file penalty and shows the IRS that you're making an effort — even if you can't pay the full amount you owe.

If you owe taxes ... a tax refund? If you're expecting money back from the IRS from your 2024 tax return, there are no penalties for filing late. In fact, you have three years to file your ...

Do You Have to Pay Taxes on Forgiven Debt? When debt is forgiven you no ... a tax professional to get an idea of how much more you might owe with the added income. You still need to file your ...

The general deadline for filing taxes ... you owe, the IRS offers options such as requesting additional time to pay or setting up an installment agreement or offer in compromise. It's better to ...

With the clock ticking on tax season ... Get all the news you need in your inbox each morning. The IRS says there is no penalty for failing to file until now if a refund is due, but in order ...