Missing a tax filing deadline can feel like a minor slip, but the financial consequences can snowball quickly. The IRS imposes strict penalties on taxpayers who fail to file on time, and those ...

It’s a ‘major taxpayer win,’ according to one advocate inside the IRS ...

A new Automatic Exemption from Penalty process aims to provide relief for taxpayers with a history of usually filing and ...

Life happens, and sometimes the April 15 tax deadline slips by. When it does, the IRS charges penalties based on which deadline you missed — filing, payment or both — and the costs vary depending on ...

The IRS announced it will soon automatically abate three types of penalties — failure to file, failure to pay, and failure to deposit — for taxpayers with a history of timely compliance. The new ...

The federal tax deadline for 2025 returns is Wednesday, April 15, 2026. Taxpayers who miss the deadline without an extension may face penalties and interest. An extension to file until October 15 can ...

Taxpayers penalized during the pandemic have until Friday to file for refunds, and the IRS just added an online filing option ...

Kathryn Flynn is a finance writer and editor for 529 plans, student loans, budgeting, investing, tax planning, and insurance. Vikki Velasquez is a researcher and writer who has managed, coordinated, ...

Tens of millions of U.S. taxpayers may be eligible for refunds from the IRS due to tax penalties and interest charges they were subject to during the COVID-19 pandemic. Court rulings, including Kwong ...

While tax season is generally stressful, the worst-case scenario is finding out you’ve been fined by the Internal Revenue Service. In Washington state, the deadline to file both state and federal ...