If the numbers don't match up with what the IRS is expecting on a given return, a taxpayer will receive a notice from the IRS, which further slows the process. Schultz said the better move for ...

A 401(k) plan allows individuals to save for retirement with tax advantages and employer matches they forego when saving ...

Now a 7Investigates follow-up. We’ve reported on those painfully long lines at the Department of Motor Vehicles. Some driving ...

After your spouse dies, you could face a surprise higher tax bill, financial experts say. But it’s possible to prepare with ...

Avoid Penalties! Missing today’s deadline for advance tax payment for the financial year 2024-25 could lead to penalties.

Attention taxpayers! If your tax liability exceeds ₹10,000, ensure you pay your advance tax before March 15, 2025, to avoid ...

Illinois U.S. Rep. Darin LaHood, R-Peoria, has introduced the Electronic Filing and Payment Fairness Act . LaHood notes that under current law, if a taxpayer physically mails a payment or tax return ...

Photo: Kevin Lamarque/Reuters/Amanda R. Gray/U.S. Navy The story of Republican tax policy in the Trump era is the contest between pro-growth ideas and anti-growth income redistribution.

Taxpayers can now conveniently settle their regular income tax, advance tax, and other tax liabilities through the e-pay tax service using online payment methods provided by these banks.

An essential mechanism for generating revenue for the government which helps to facilitate fund public services and infrastructure. Among the various tax collection methods, TDS and advance tax plays ...

There are substantial penalties for failure to file this form, as one taxpayer recently found out in a tax case decided last month. But before delving into the details of this latest T1135 penalty ...

If you received advance premium tax credits or want to submit the tax ... If the IRS identified gaps in health coverage, then you would be required to pay a tax penalty for not having minimum ...