Those concerns are valid according to accountants, who are strongly advising people to file early this year, as they could ...

Nearly one-third of Americans procrastinate filing their taxes. But here’s why you shouldn’t wait this season, experts say.

The fastest way to get your tax refund is through direct deposit, which the IRS can send to a bank account, banking app or ...

QUESTION: I missed the January 31 self-assessment filing deadline due to illness. What should I do? ANSWER: Over one million ...

The IRS can also issue a late-filing penalty of 5% of the amount due for every month or partial month your tax return is late. If your return is filed more than 60 days after the due date ...

but there are penalties to filing your taxes late. The Failure to File penalty applies if you don't file your tax return by the due date. The IRS calculates the penalty as 5% of the unpaid ...

Here’s what to know about filing your 2024 tax return: The Internal Revenue Service started accepting federal tax returns in late January. Federal income tax returns are due on Tuesday ...

However, the IRS posted on X late Tuesday morning confirming ... you — some programs charge a fee for your state tax return. H&R Block offers free filing for some customers.

Learn what happens if you don't file your taxes. Discover the consequences, penalties, and how to address unfiled tax returns ...

Potential penalties and fees A failure-to-file penalty is 5% of the unpaid tax obligation for each month your return is late. This penalty can't exceed 25% of your total unpaid taxes, and will max ...