Failing to file your tax returns can lead to penalties, interest charges, and potential legal consequences from the IRS.

Haven’t done your taxes yet? You’re not alone. Of an estimated 140 million filers this year, just 52 million have submitted ...

I. Investing for tax deduction: Investors must invest before March 31 to be able to claim tax deduction for the financial ...

Advance tax for FY 2024-25 must be paid by March 15, 2025. The department emphasises that timely payment ensures compliance ...

Here's when the last day to file taxes is, a quick breakdown on some new forms for the 2024-25 tax season and how to track ...

The 16th Amendment to the Constitution was ratified in 1913, which gave Congress the authority to tax all incomes. The first ...

When someone mentions the tax deadline, most of us think of a day in April when taxes are due. While that’s the main deadline, there are other important tax season ...

The deadline to file a federal return with the IRS is April 15, 2025. For state taxes, the deadline in California is also April 15, with an extension filing deadline of October 15, 2025.

The Failure to File penalty applies if you don't file your tax return by the due date. The IRS calculates the penalty as 5% of the unpaid taxes for each month or part of a month that a tax ...