The IRS can impose penalties reaching up to $100,000, making it essential to understand the importance of timely filing.

The cyclone affected over 375,000 households across the Southeast. IRS delays tax filing deadline for state residents after ...

The IRS highlights key forms and tips for tax-exempt organizations ahead of the May 15 filing deadline. Here's what you need ...

Taxpayers who fail to file foreign information returns run the risk of an unlimited IRS audit period under section 6501(c)(8).

Hundreds of Ogden, Utah IRS employees are expected to be laid off in the coming months, reports KUTV. The layoffs are part of ...

Elon Musk’s Department of Government Efficiency has been Donald Trump’s battering ram during the president’s first 100 days, ...

Let’s go back to the tax-bracket model that we used above. Since you’re still working and earning $80,000, you might choose ...

If the lease for your cubby of an apartment in TriBeCa says “$8,000 per month through 2025, to increase to $8,500 in 2026 and ...

Failure to file penalty: 5% of your unpaid taxes for each month your return is late, up to 25%. Failure to pay penalty: 0.5% per month on the unpaid balance. Together, these penalties can add up ...

U.S. District Judge Paul Friedman ruled that a key part of President Donald Trump’s March 27 order can’t be enforced at ...

It is quite obvious that the left and most Democrats overwhelmingly favor a progressive tax code, in which the rich pay a ...

It's what the Feds said happened inside three Louisville businesses that led to seven foreign nationals getting federally ...