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

Tax extensions are far more common than you might realize - but there are some important things to keep in mind.

The Internal Revenue Service requires anyone who needs an extension beyond the April 15 deadline to file an extension by that ...

Different types of businesses will have different deadlines for their taxes. S-corporations need to file by March 17, 2025.

Here's everything to know about tax season and how the Trump administration's likely next moves will affect it.

More than 6,000 IRS employees are set to be laid off, according to reporting from Reuters and the New York Times. Will these layoffs affect your refund?

A taxpayer can request a six-month extension by filing a Form 4868. The agency expects more than 140 million individual tax returns to be filed before the deadline. After the IRS fired ...

If a taxpayer cannot file by the April 15 deadline, they can request an extension through form 4868. However, this extension to file is not an extension to pay taxes. Any owed taxes should be ...