Not sure if a DIY or professional tax resolution is more appropriate for your situation? Here's what to consider.

John Comeau used some of the $1.15 million he withheld to maintain a “comfortable lifestyle,” according to federal ...

The bill could potentially impact up to 4 million tipped workers and roughly 97.7 million overtime-eligible employees.

Can't fully pay your tax bill in today's economy? Various options may be suitable for your unique circumstances.

For a worker making $40,000 or less, standard deductions often already wipe out federal tax obligations. But for someone in ...

If you’re self-employed or earn certain types of income, there’s a good chance you’ll need to pay estimated taxes — and your next payment is due soon. There are four due dates for ...

John E. Detraz, Powell You benefit Re the letter "My money shouldn't pay for your kids," May 16: The writer is resentful that her taxes pay for other folks' children's education.

If you file taxes as an individual, a combined income above $25,000 will mean having to pay taxes on some of your Social Security benefits. If you file a joint tax return, a combined income above ...

ITR Filing: To make payment of tax hassle-free, the Income Tax Department has introduced the ‘e-Pay Tax’ feature on its official online portal. According to the tax department, this will ...

Short-term payment plan —This option is for those who owe less than $100,000 in total, including taxes, penalties and interest. It gives taxpayers up to 180 days to pay the balance in full.

Taxes are due April 15; file by mail or electronically to avoid penalties. You can file for a six-month extension, which gives more time to file but not to pay. Penalty relief is rare.

New income tax slabs implemented Image source,Getty Images Important Changes Coming into Effect from April 1, 2025: Income Tax, UPI Payments, and More ...