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

A payment app or online marketplace is required to send you a Form 1099-K if the payments you received for goods or services total over $5,000.

Our Editors’ Choice winners for tax software help you get through the filing season as painlessly as possible. Here's how ...

With the March 17, 2025 deadline approaching for S-Corporations and Partnerships to file their business tax returns, ...

Claiming unusually high deductions can trigger an IRS audit, according to Geltrude.

How all this will affect the processing of tax returns is a matter of speculation, but it seems very unlikely to make the ...

Tax processing by the California Franchise Tax Board has not been affected so far by the federal government hiring freeze or ...

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

Tax time can be rough for freelancers and side hustlers, especially if you didn't save enough money to cover your tax bill.

From TDS deposit to TDS/ TCS certificates and challans to advance tax; here's the complete list of activities you should ...

Social Security Fariness Act payments are coming soon to millions of Americans. But that boost could also raise their taxes. What to know.

Your retirement account withdrawals might not be your only taxable income, either. The federal government can tax up to 85% ...