Whether you underwithheld taxes on your paycheck or didn't make your estimated tax payments, you might have a surprise bill from the IRS. So when you see how much you owe, you might realize you can't ...

GREENSBORO, N.C. — If you recently filed your taxes and discovered you owe Uncle Sam maybe even a few thousand dollars, take a breath because you have options. You have a few weeks to develop a plan ...

With tax season about to start, practitioners should be aware of the various electronic payment options the IRS has introduced in recent years. The IRS’ free Electronic Federal Tax Payment System ...

For most taxpayers, the federal tax deadline is typically April 15. However, this date can vary slightly due to holidays, such as the Emancipation Day in Washington, D.C., which may push the deadline ...

The Internal Revenue Service (IRS) in a recent publication reminded taxpayers that they do not have to wait until April 15 to file their 2024 federal income tax returns. But if you owe taxes and can't ...

If you underpaid your 2024 taxes, you may be in for an unwelcome surprise, including a 0.5% monthly failure-to-pay penalty and 7% interest on the unpaid amount, based on current IRS rates. Plus, the ...

Filing your tax return on time is crucial, even if you can't pay the full amount owed. The IRS emphasizes the importance of submitting your return by the April 15 deadline to avoid the late filing ...

Every spring, taxpayers across the country rush to pull together the forms, receipts and financial records required to file their taxes before the April 15th deadline. No matter how prepared you think ...