If you can’t pay your taxes this year, the IRS still wants you to file. Here’s how to get help, avoid penalties, and create a ...
But if you’re still considering it, here are a few more things to consider.
The process of negotiating with the IRS to pay less on your tax debt can be tricky — but these strategies can help.
Freelancers face unique tax challenges, unlike traditional employees. Navigating estimated tax payments and IRS deadlines is ...
If you know or suspect you can't pay the taxes you owe this tax season, you should still file a return with that information, or file for an extension.
As long as the total of your liabilities exceeds the value of your assets when your debt is canceled, you may claim the ...
A 52-year-old man was caught smuggling several large rolls of prohibited pork bologna for the second time on Friday, March 28 ...
If your tax liability is more than you can handle by the filing deadline, you have a few options—including help from the IRS itself. We explain everything you need to know so you can plan ahead.
According to TurboTax, if someone forgets to file their taxes by the April 15 due date, the Internal Revenue Service (IRS) ...
Those who fail to file on time will receive a letter notifying them of an impending “failure to file” penalty. The penalty is ...
Perhaps the easiest way to request an extension is to submit Form 4868 (“Application for Automatic Extension of Time to File U.S. Individual Income Tax Return”) online through an accountant or tax ...
Tax debt may sound straightforward, but it's really a complex situation that impacts millions of people each year.