The IRS hasannouncedthat the 2025 tax season start date (for 2024 income tax return filing) is Monday, January 27, 2025. In a few recent years, the tax start date was delayed a few weeks into February, with the complexities created by COVID and stimulus checks. This year, the start of...
A group of House Republicans is asking President-elect Donald Trump to end the IRS’s Direct File program – which allows taxpayers to file their taxes for free directly with the agency – on day one of his new administration.[…]
The table below shows key dates and events for filing tax returns and paying taxes with the IRS. You can jump to FAQs and past tax year schedules in the sections below. 2025 Tax Filing Schedule for Returns & Extensions The IRS has confirmed it will start
The IRS could audit your previous years’ taxes, which may result in an additional tax liability. While the IRS typically audits returns filed within the last three years, it’s better to get ahead of any potential issues. Mistakes happen and they can be easily fixed by amending your...
Over $50k in tax debt? Find out if you qualify for IRS relief. On Behalf ofThe Gartzman Law Firm, P.C.|Dec 27, 2024|IRS Tax Debt,IRS Tax Help All taxpayers know how complicated it is to file taxes correctly, especially if you are a business owner or have multiple sources of incom...
S-corp taxes: An introductory guide S corporations pass income, losses, and credits to owners, who report them on personal taxes. By TurboTax Sep 26, 2024 8:18 AM EDT Partnership taxes: A guide for beginners Partnerships don't pay federal tax; income, losses, and credits pass to partners...
If the IRS determines the error to be due to fraud, you won't be able to claim any of those credits for 10 years. You'll might also have to pay penalties for erroneous claims. With TurboTax Live Full Service, a local expert matched to your unique situation will do your taxes for ...
If you miss the deadline without filing for an extension, the IRS imposes a failure-to-file penalty. This penalty is usually 5% of the unpaid taxes for each month or part of a month that a tax return is late. However, this penalty will not exceed 25% of your unpaid taxes. If you ...
Thanks to an IRS change, filing taxes could get easier in 2017Tanza Loudenback
Jan. 10:Is your adjusted gross income (AGI) $84,000 or less, regardless of yourfiling status? Then you qualify to use Free File, which became available today. The sameeight software companiesthat participated last year are back for the 2025 filing season. ...