This guide outlines how to apply for a payment plan online, ensuring you stay on track and avoid potential delays with the ...
CNBC Select explains how individuals who didn't file a federal tax return in 2021 may still be eligible for the Recovery ...
President Donald Trump has proposed a plan to abolish federal income taxes for Americans earning less than $150,000 per year, ...
GREENSBORO, N.C. — If you recently filed your taxes and discovered you owe Uncle Sam maybe even a few thousand dollars, take ...
Perhaps the easiest way to request an extension is to submit Form 4868 (“Application for Automatic Extension of Time to File U.S. Individual Income Tax Return”) online through an accountant or tax ...
IRS payment plans aren’t your only choice ... the IRS charges interest of 3 percent plus the federal funds rate. For example, for the first quarter of 2025, the IRS charged a 7 percent ...
Don’t panic. According to the IRS, you may qualify for an online payment plan that allows you to pay off an outstanding balance over time. Everyone’s tax situation is different, which will ...
While canceled or reduced loans are generally tax-free at the federal level, you may face hefty tax bills in 19 states.