If you don't pay what you owe on your taxes when you request an extension, you might get hit with an underpayment penalty. To ...

The IRS is expecting over 140 million individual tax returns for the tax year 2024 to be filed ahead of April's deadline.

April 15 is the filing deadline for 2024 federal income tax returns for most people. Others in states hit by disasters have ...

In California, the deadline to file a state or federal income tax return for 2024 is Tuesday, April 15. You can request a six ...

IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...

Millions of people still have not filed their online self-assessment tax returns for which the deadline is midnight, meaning ...

Since tax season spans several months, it's important to note the major deadlines for filing and paying your taxes. While a ...

An updated tax return, filed as per Section 139(8A), permits taxpayers to correct omitted or inaccurate income declarations.

Proprietors must file Form 1040, which is the standard form for the income tax returns. 3. File Schedule C: Attach Schedule C (Form 1040), which reports business incomes and expenses. 4. File Schedule ...

Did you miss reporting a particular income while filing your income tax return (ITR) a few years ago -- say three years ago? You do not need to fret over this anymore since you can file a fresh ...

The federal agency expects over 140 million individual tax returns for the tax year 2024 to be filed ahead of April's deadline. However, the deadline has been extended for South Carolina residents ...