Tax returns are annual, and getting them filed also means starting the clock ticking for how long the IRS has to audit you.
Federal income tax returns are due on April 15, but there are several other important dates to remember throughout the year.
The Internal Revenue Service (IRS) has announced a one-year delay for the earliest potential effective date of specific ...
Have a tax refund on the way but don't desperately need the cash? Here's how to use today's historically high interest rates ...
Withholding tax refers to the amount of income taxes your employer takes from your paycheck to pay your taxes throughout the ...
There’s a continuing shortage of accountants in the U.S. CPAs are overwhelmed—leading to delays and errors during peak tax ...
The good news? Things are actually getting better at the IRS. The head of the National Taxpayer Advocate, a watchdog agency that observes the IRS, said in its 2024 report that “For the first time ...
Key takeawaysSelling, trading, mining and using Bitcoin for purchases are all taxable under most jurisdictions. Accurate ...
Internal Revenue Service. "Publication 509: Tax Calendars." Internal Revenue Service. "Penalties." Internal Revenue Service. "IRS Audits." Internal Revenue Service. "Small Business Forms and ...
Table disservice; down on the farm; a barebones job; and other highlights of recent tax cases.
Simple errors could lead to costly mistakes on your federal tax return. For instance, while it seems like a no-brainer that you'd remember to sign your tax form or that your arithmetic would be ...
This penalty will be assessed ... per this week's IRS statement. Audits and jail time are also on the table if you are found culpable of tax fraud. Taxpayers should seek help from a reputable ...