Find out how to take advantage of the extension resource and ensure that you effectively meet your tax obligations.

The U.S. tax code does not allow taxpayers to deduct penalties assessed by the Internal Revenue Service. However, they may ...

The traditional penalty for not filing taxes by the deadline is 5 percent of the tax due for each month the return is late.

Here's when the last day to file taxes is, a quick breakdown on some new forms for the 2024-25 tax season and how to track ...

Understanding the intricacies of requesting a tax season extension from the IRS can save you from unnecessary penalties.

A tax extension is a request you file via an IRS form that extends the filing deadline for your tax return. Note that this extension applies to your tax paperwork, not your tax payment.

Millions of Americans have already filed their federal income tax returns and many are eagerly awaiting their refunds. The ...

If, after making contact, you're still missing the 1099 forms you're in need of, you can reach out to the IRS at ...

The 16th Amendment to the Constitution was ratified in 1913, which gave Congress the authority to tax all incomes. The first ...

businesses can receive their automatic 6-month extension without providing a reason to the IRS. However, while Form 7004 extends the filing deadline, it does not extend the deadline for tax payments.

The IRS Tax Relief deadline has changed for residents of disaster areas and you can find the important information about ...