The IRS stresses the importance of swift action for taxpayers who missed federal tax deadlines. Ignoring tax debts can lead ...

Certain Oklahoma ns affected by the March wildfires now have until November 2025 to finish their 2024 tax returns. The ...

Missed the April tax deadline? The IRS outlines payment plans and penalty relief options to help taxpayers catch up.

Form 5329 allows taxpayers to report additional taxes and make up shortfalls in their required distributions so that hopefully they can avoid penalties if there was a reasonable cause, and tax experts ...