What Happens If I Don't File My Taxes? Understanding the Consequences
Learn what happens if you don't file your taxes in 2025. Discover the consequences, penalties, and how to address unfiled tax ...
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$1 billion in unclaimed tax refunds to expire soon: How to claim your money
The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury ...
'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
The IRS staffing cuts started in late February and were part of broader federal spending reductions via Elon Musk’s so-called ...
When Are Taxes Due? What Happens if You Don't Pay Taxes or File Late
Failing to file your tax returns can lead to penalties, interest charges, and potential legal consequences from the IRS.
Time is running out for thousands to claim $1 billion in 2021 tax refunds
Over 1.1 million people have unclaimed federal income tax refunds from 2021, which are in jeopardy of becoming government property if not claimed soon, with a median return of $781 and potential ...
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Do you need to file taxes if you're on Social Security?
Social Security benefits are handled differently than regular income by the IRS, which can make tax season tricky.
What Does Tax Fraud Looks Like? Will I Get in Trouble For Reporting It?
Are you looking to report suspected tax fraud? Here's what you need to know about the process—and how you might even get ...
5 Options If You Can’t Afford Your 2024 Tax Bill
If you underpaid your 2024 taxes, you may be in for an unwelcome surprise, including a 0.5% monthly failure-to-pay penalty ...
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Arkansas bill aims to provide income tax credit for family caregivers
A bill in the Arkansas legislature aims to provide an income tax credit to unpaid caregivers of elderly relatives.