January is a good time to consider tax planning. Amid the yearly onslaught of inflation-adjusted tax figures, here are three ...

The IRS announced that eight private-sector partners will participate in its Free File program during the 2025 tax season.

The IRS sends out tax refunds 21 days after taxpayers file their returns online and six to eight weeks after submitting a ...

Belated ITR. Taxpayers who missed the original filing deadline can still file a belated tax return after paying a penalty ...

If you think tax returns are just for the self-employed, think again. Anyone with untaxed income from 2023-24 may need to ...

With the new year comes the deadline for Self-Assessment Tax Returns, and with new laws in place, will you be liable in 2025?

William Shane Garrow, 49, served as a financial adviser who provided investment and other banking services to wealthy banking ...

Millions of taxpayers continue to struggle with delays in refunds from the IRS, a new tax advocate report says.

The National Taxpayer Advocate report detailed problems, including nearly 1.2 million employee retention credit claims that ...

Unpaid taxes are subject to the Failure to File penalty, which is 5 percent of the unpaid taxes for each month or part of a month that a tax return is late. The penalty cannot exceed 25 percent of ...

Roughly 1.2 million taxpayers faced incredibly long waits last year for their tax refund cash after getting hit by tax-related ID theft, report says.