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.

And in this Reddit post, we have someone who's upset over a very large tax bill -- one that's more than $10,000. The poster doesn't understand why they owe so much, so some Reddit users had some ...

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 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 ...

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 ...

We're nearing the end of the regular tax season. With the tax deadline on April 15, you might have already filed your return. If you haven't yet, here are some of the best tax software programs to ...

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 ...

The deadline to pay your taxes is days away. If your tax bill isn't paid in full by April 15, you may receive a letter from the IRS saying your taxes are overdue. That can lead to interest, fees ...

We Have Answers. The Times’s chief economics correspondent helps you understand what to know about this financial moment. 2025-05-05T06:00:11-04:00.

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 ...