With the March 17, 2025 deadline approaching for S-Corporations and Partnerships to file their business tax returns, businesses and tax professionals can use Form 7004 to request an extension, with Ex ...

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

April 15 falls on a Tuesday this year, so unlike certain years in the recent past, no combination of weekends or local ...

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

At the same time, the Internal Revenue Service is planning to close over 100 in-person Taxpayer Assistance Centers.

There is a lot to know when it comes to filing taxes. Our complete guide for the 2024 tax year (filing in 2025) should help.

The Internal Revenue Service (IRS) has introduced a new feature designed to simplify tax filing for individuals by ...

As the 2025 tax season kicks off, the IRS has outlined penalties for non-compliance. Taxpayers facing financial difficulties ...

The IRS is streamlining the tax filing process by integrating key information return documents into the IRS Individual Online ...

Georgia automatically grants you an extension for your state income tax as well. Just remember to attach the confirmation of Form 4868 or the IRS approval when you file your state return.

Additionally, business owners using payment apps like Venmo and PayPal will now receive a tax form called a 1099-K to assist in filing. And in sad news for fans of I bonds: You can no longer use your ...

The IRS finally cleared a backlog of tax returns caused by COVID-19-related delays, but will the recent firing of thousands of IRS employees delay your refund? "The IRS has indicated that the ...