After all, the IRS has lots of tools at its disposal to recoup the money owed, and over time, you may find yourself facing big penalties as your tax debt accumulates interest — including things ...

The 2025 tax season got underway this week as the Internal Revenue Service began accepting 2024 tax returns. Those who are planning their 2025 tax strategy ...

The standard failure to file penalty is 5% of the unpaid taxes for every month that a tax return is late up to 25% of the ...

As tax season approaches, it's crucial to stay informed about the latest updates to IRS Form 1040 and its schedules.

Tax refunds are usually issued within 21 days. Use the IRS "Where's My Refund?" tool to track your refund status.

The 2025 tax season is underway, with the IRS now accepting returns. Here's when you can expect a refund and how to check ...