Tax underpayment penalty applies if taxes aren't withheld properly from paychecks or estimated taxes are late. IRS Form 2210 helps taxpayers determine if they owe a penalty, often calculated ...

Now the IRS has ... or your tax preparer calculates your taxes, and you not only owe tax, but you have a penalty for not prepaying your tax. My advice would be, on that Form 2210, there's a ...

If you're one of the millions of people in the U.S. who sends quarterly estimated income taxes to the IRS, you already know that doing it right requires dedication and organization. In contrast to ...

When it comes to taxes, less isn't always more because if you don't withhold enough from your paycheck, you may end up surprised at how much you owe Uncle Sam at tax time. And the chances that you ...

Filing IRS Form 2210 and Schedule AI can help avoid having IRS computers impose undeserved penalties on some estimated-tax filers. Additionally, if you have income that qualifies for withholding ...

Scammers are 'relentless,' according to new IRS alert listing the 'Dirty Dozen' tax scams. Bad social media advice triggers ...

Here’s what to know about tax season and Tax Day, a quick explainer on how tax breaks work and a list of 10 strange, creative IRS-approved tax breaks.

The fate of the IRS Direct File program is unclear as Elon Musk and the Department of Government Efficiency cleave their way ...

More than 30 million taxpayers across the country are eligible to file their federal tax returns completely free-of-charge ...

With the 2025 tax season underway, the IRS Free File partnership could be just what you need to get your taxes done with ease ...

It's officially tax season, and entrepreneur, real estate investor and motivational speaker Grant Cardone has a bone to pick ...

This year, some gig workers, freelancers and small business owners received an unfamiliar IRS tax form: a 1099-K. If you're one of them, how you report this form on your tax return could ...