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

Democrats and Republicans are making competing claims about how extending tax cuts from Trump's first term would benefit the ...

It's important to understand what a tax extension does and doesn't do or you could end up making costly mistakes.

A tax extension gets you an additional six months to file your return. If you owe money in taxes, it's due April 15, 2025 no matter what. Some people automatically qualify for an extension.

Financial advisors and their clients will need to prepare for many possible outcomes by focusing on the key themes around ...

The Trump administration has committed to sweeping action on tax policy. Learn more about the top five tax policy changes ...

President Trump and his Republican allies in Congress aim to extend the expiring provisions of the Tax Cuts and Jobs Act. But ...

The federal budget debate has big implications for the economy. Despite questions about the math, investors expect an ...

If you want to file an extension for taxes, then this is what you can possibly do about it.

Tennessee granted tax extensions to hurricane-hit businesses, aligned with the IRS's new deadline of May 1, 2025, for filing ...

The House voted Tuesday to pass a budget resolution that will act as the blueprint for the GOP’s domestic agenda, with the ...