First and foremost, file your tax return as soon as possible, even if you can’t afford to pay the full amount you owe. Why?

Still haven't filed your 2024 taxes? Here are the key questions to ask a tax pro before you make any other moves.

The IRS offers first-time penalty abatement if you've been compliant in past years. You may also be eligible for reasonable cause relief if you've experienced illness, financial hardship or other ...

Check with your tax preparer or log in to your IRS account at IRS.gov. If you didn't file an extension at all, then you're likely facing a failure-to-file penalty , which is 5% of your unpaid ...

Check with your tax preparer or log in to your IRS account at IRS.gov. If you didn't file an extension at all, then you're likely facing a failure-to-file penalty , which is 5% of your unpaid ...

Still haven't filed your 2024 taxes? Here are the key questions to ask a tax pro before you make any other moves.

Did you file your taxes? If you owe the IRS, here's what to expect—from penalties and liens to payment plans and appeal ...