The IRS has officially announced the beginning of the 2025 tax filing season: The agency will begin accepting 2024 federal ...
Taxpayers bear distinct obligations to file a tax return and to pay tax enforceable by tax penalties. The failure-to-file penalty is more severe and more strict.
Joint filing, also referred to as "married filing jointly," is a tax option that combines the incomes of a married couple ...
If you filed your taxes online, you can expect to receive a refund in one month or less, in most cases. The IRS says it ...
That gives taxpayers until Oct. 15 to file without penalties. But, taxpayers must still pay any taxes owed by the April 15 ...
This circular provides guidance on Frequently Asked Questions regarding the filing of tax returns and the payment of taxes, in accordance with Section 3 of Revenue Regulations 4-2024. These ...
W-2 forms are starting to arrive in mailboxes and inboxes. Here's why you need that form for the 2025 tax season.
California grants an automatic extension to file your tax return if you miss the deadline. However, you have to pay any ...
With the new year in full swing, tax season is cut around the corner. Millions of Americans must file their 2024 returns to ...
Failing to pay taxes can lead to several increasing penalties, including interest, wage garnishment and legal action.