Year-end planning can significantly boost the benefits of new tax changes, helping taxpayers reduce liabilities and maximize deductions.

Basically, that penalty is the IRS charging you interest for not paying your current tax liability to them in advance of ...

Millions of taxpayers have been reminded to file their 2024 tax returns by the end of Wednesday. The Internal Revenue Service (IRS) said the October 15 deadline applies to taxpayers who were granted ...

Even if you withhold taxes on your retirement benefits, you might be surprised by an IRS estimated tax penalty at year-end. That’s because income sources like capital gains, dividends, and interest ...

Want to see more of NewsNation? Get 24/7 fact-based news coverage with the NewsNation app or add NewsNation as a preferred source on Google! Income taxes in the U.S. are collected on an ongoing basis, ...

XENIA — The Regional Income Tax Agency (RITA) is reminding taxpayers that the due date for the next estimated municipal income tax payment is September 15. This deadline applies to individuals and ...

you will need to transition to an electronic method. Missing this transition could cause delays in your tax payments, potential late-payment penalties, or delays in receiving refunds. On the positive ...

Summer is prime time for tax slip-ups, and one IRS mistake could cost taxpayers. Many gig workers, freelancers and small business owners don’t make their quarterly estimated tax payments, resulting in ...