Learn what happens if you don't file your taxes. Discover the consequences, penalties, and how to address unfiled tax returns ...

That said, if you owe the IRS but can't pay, the situation isn't hopeless. There are a few pathways for taxpayers to resolve their outstanding tax debt, and knowing what these options are — as well as ...

Tax season is stressful enough without adding unnecessary delays to the mix. But every year, millions of taxpayers unknowingly make simple, avoidable mistakes that can slow down their refunds, trigger ...

Key Takeaways - Is Interest on Personal Loans Tax Deductible? You can use a personal loan for a variety of useful purposes, ...

Once you reach a certain age, the government imposes required minimum distributions, or RMDs, on your accounts each year. You ...

Tips are an important fact of life for a whole lot of workers in the US. Since they can be a major source of income, you'll ...

Filing taxes by April 15 is a critical obligation for U.S. taxpayers. Missing this deadline can lead to significant financial ...

President Trump signed an Executive Order deferring payroll tax in the wake of the COVID-19 pandemic and it impacted the take-home pay of certain individuals.

Nobody wants to pay more in taxes than they have to — but every year, millions of taxpayers miss out on valuable deductions, credits, and tax-saving opportunities simply because they don't realize ...

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 ...

Table disservice; down on the farm; a barebones job; and other highlights of recent tax cases.

The federal government will assess a monthly penalty of 5% on the amount of taxes owed, not to exceed 25% of the sum, the IRS ...