If you missed filing your tax return by April 15, 2025, due to insufficient funds, the IRS advises requesting an extension until October 15. This allows you to file your return, pay as much as ...
GREENSBORO, N.C. — If you recently filed your taxes and discovered you owe Uncle Sam maybe even a few thousand dollars, take a breath because you have options. You have a few weeks to develop a plan ...
Tax Day is almost here. The April 15 federal deadline is approaching quickly, but if you’re not ready to file your return, don’t panic — there are easy ways to get more time. About 19 million ...
The Internal Revenue Service (IRS) has emphasized the critical need for taxpayers who have missed the federal tax filing and payment deadlines to act quickly. Failing to address tax debts promptly can ...
If you underpaid your 2024 taxes, you may be in for an unwelcome surprise, including a 0.5% monthly failure-to-pay penalty and 7% interest on the unpaid amount, based on current IRS rates. Plus, the ...
Receiving a notice from the Internal Revenue Service (IRS) about unpaid taxes can trigger feelings of fear, no matter what your original balance is. After all, the combination of the original tax ...
The April 15 tax filing deadline is one day away, and failing to file your tax return on time can lead to financial penalties. While many may consider putting off filing because they're unable to pay ...
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What happens if you owe the IRS more than $25,000?
The realization that you owe the Internal Revenue Service (IRS) a substantial amount of money can feel like a major crisis. A tax debt exceeding $25,000 isn't just a bill, after all — it's a financial ...
The Internal Revenue Service says that it's aware of a delay in processing some electronic payments, and that some taxpayers are receiving notices indicating a balance due even though payments were ...
With the April 15 tax deadline fast approaching, many taxpayers find themselves grappling with the challenge of paying their dues to the IRS. For those unable to pay their taxes in full, the IRS ...
The April 15 tax filing deadline is one day away, and failing to file your tax return on time can lead to financial penalties. While many may consider putting off filing because they're unable to pay ...
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