The Trump administration may have just axed the IRS Direct File program. During a summit earlier this week, IRS Commissioner ...

The pilot program, launched in 2024, allows millions of Americans to file their taxes directly through the IRS free of charge.

The Child Tax Credit is getting another update in 2025 under the new One Big Beautiful Bill. While it doesn’t match the ...

The penalty amounts to 5% of the taxes owed for each month that the filing is late, up to a maximum of 25%. Under such circumstances, the IRS mails a letter or notice alerting the filer of a late fee.

Combined, these charges serve as a deterrent to filing late. Roughly 43 million people wait until the last three weeks to file their taxes, according to an NBC News analysis of IRS data.

Assuming you file your return on time and set up an IRS installment agreement, the penalty rate drops from 0.5% to 0.25% monthly. This reduction alone could save you money while you pay off your ...

Tax Filing in 2025: How to Choose Your Filing Status U.S. News & World Report March 19, 2025, 8:00 PM ...

The federal tax filing deadline is April 15, 2025, but Florida residents affected by last year's hurricanes have until May 1, 2025. Taxpayers can request a six-month extension to file their return ...

Tax season ends at midnight on Tuesday, April 15 – for most filers, at least. Up to one in three Americans waits until the last minute to file their taxes, according to a 2021 survey by IPX 1031.

As of March, the IRS reported the average direct deposit tax refund this year is $3,330. With that much money on the line, it’s important to use a tool that checks for errors and helps you file ...