What happens if you file your taxes late? The IRS filing deadline is April 15, but you can request an extension if you can't file on time. Requesting an extension helps you avoid late filing penalties, but you still have to pay any taxes you owe on time
Choosing a tax status can be harder than it looks, especially if you’re new to taxes or if you’ve had a recent life change, such as a divorce.
“Another common mistake I’ve seen would be people filing their taxes before receiving relevant documentation for their crypto investments, and then needing to amend their submission.” The solution: Prepare in advance and make sure you have the documents needed to file your taxes. Entering transa...
Another time a pro can help: Sometimes, owing a lot of taxes can result in an underpayment penalty. A tax pro can help you decide if you need to increase your tax withholding throughout the year (by filling out a new Form W-4) or pay quarterly estimated taxes for future years. On ...
Websites like It's Worth More, Gizmogo, Gazelle and Decluttr offer cash in exchange for a variety of used electronics. Jessica WalrackJan. 30, 2025 10 Life Events That Impact Taxes A person’s tax situation can depend on factors like their marital status and income level but there are ...
Owners pay taxes on their share of business profits. When Are Business Income Tax Returns Due for 2024? Pay attention to the filing deadline for income tax returns. If you miss the deadline, you may incur late-filing penalties, which are not tax deductible. The following are federal...
TaxAct: save an additional 20% off discounted pricing with bonus partner discount at link IRS Free File, if you meet all of the income and other eligibility requirements, also opened in January. If you’d like more help on how to do your taxes, check out myDIY tax filing guide....
A Guide to Filing your Taxes in 2025 This DIY tax filing guide has been updated for 2025 tax filing (2024 tax year returns).We’re smack dab in the middle of the 2025 tax filing season. If you visit the IRS website and have a look around, there really is no simple tax guide to ...
By Rob Lever | Updated: May 3, 2024 | SaveNo one likes doing their taxes, but tax software can make the process much easier. Great tax software doesn't just file your taxes – it helps make sure you fill them out correctly and don't miss any deductions you're entitled to. Read our...
Taxpayers in Maine and Massachusetts have until April 17 to file their taxes because of those states' Patriot's Day and Emancipation Day holidays. People living infederally declared disaster areasmay also have more time to file. About 128.7 million individual tax returns are likely to be filed ...