Businesses that need extra time to file their tax returns can request an automatic extension using IRS Form 7004, Application ...

The IRS views interest on a savings account as earned income, whether it's $1 or $1,000. So, if you received interest on a ...

But while an extension grants extra time to file your return, it doesn't necessarily mean you can delay payment. While ...

Taxpayers who have not filed 2024 income tax returns are told not to rush because they're worried about delays. Take time to ...

The Internal Revenue Service has been in a state of turmoil ever since members of the Department of Government Efficiency ...

CNBC Select explains how individuals who didn't file a federal tax return in 2021 may still be eligible for the Recovery ...

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

A potential government shutdown could delay tax return processing and refunds, affecting taxpayers nationwide.

I've used credit cards to pay my taxes in the past — but there are some risks and costs that come with this strategy.

The U.S. tax code does not allow taxpayers to deduct penalties assessed by the Internal Revenue Service. However, they may ...