Once filed, Form 7004 is automatically approved unless the IRS contacts the filer to deny the extension. However, businesses should not assume that approval means they do not need to pay estimated ...

Tax extensions are far more common than you might realize - but there are some important things to keep in mind.

Some parents now have an April 15 deadline to score the money before it is sent back to the Treasury for good.

When my wife pointed out that our combined income would affect our Roth IRA contributions, I realized I needed to learn more ...

Tax Forms Millions of Americans also use these payment platforms to send money to friends and family as gifts or to split a meal or other bill. Rest assured. Those payments shouldn’t generate a tax ...

Here’s how to claim the child tax credit. Parents and guardians who make less than $200,000 a year ($400,000 if filing ...

With the April 15 tax deadline fast approaching, many Oklahomans may still have questions about filing their returns. Jackson ...

Filing Federal Income Taxes Federal income taxes are reported and remitted to the IRS on forms created by the U.S. Department of Treasury and filed, usually electronically. The primary form used ...

The U.S. tax code does not allow taxpayers to deduct penalties assessed by the Internal Revenue Service. However, they may ...

Self-employed workers, including independent contractors, gig workers, freelancers, and sole proprietors, may be eligible to recover up to $32,220 in tax credits for the 2021 tax year. Washington ...

The Internal Revenue Service requires anyone who needs an extension beyond the April 15 deadline to file an extension by that ...

Simple Form 1040 returns only (no schedules except for earned income tax credit, child tax credit and student loan interest). TurboTax reports that 37% of files qualify for the free edition.