The close of this year’s tax season is quickly approaching, as the deadline to file your return, pay what you owe or request ...

The traditional penalty for an individual who has not filed their taxes by the deadline is 5 percent of the tax due for each month the return is late. The penalty accrues up to a maximum of 25 percent ...

If you need more time to file your taxes, you can request an extension. But an extension to file does not mean an extension ...