This article was published by the IRS. Taxpayers who missed the April 15 filing deadline should submit their federal tax return as soon as possible. Those who missed the deadline to file and owe taxes should file as soon as possible to avoid penalties and interest. Requesting an extension allows for additional time to file but [...]
One of the most frequent questions the IRS gets every year is, "Are my Social Security benefits taxable?" The IRS website has a tool called the Interactive Tax Assistant that can help you answer this question. To use it, visit IRS.gov/ita. Scroll down and click on "Are My Social Security or Railroad Retirement Tier 1 Benefits [...]
This article was published by the IRS. Taxpayers who owe taxes or have not yet filed can benefit from acting early. Taking the steps outlined below can help limit penalties and interest, prevent delays, and make it easier to resolve tax issues. This Tax Time Guide focuses on what to do now. Step 1: Prepare to [...]
This article was published by the IRS. The April 15 deadline to file federal income tax returns is coming up fast. Taxpayers who need more time to file, should request an extension by the filing due date. An extension gives people until October 15 to file without penalties. It’s important to know, the extension is only [...]
This article was published by the IRS. Not everyone is legally required to file a federal tax return. However, not doing it could be leaving money on the table. People could be missing out on refundable tax credits or an income tax refund. This could apply to someone if they: Have had federal income tax withheld [...]
