Taxpayers who were able to get through the processing system electronically without human intervention had a smooth tax ...

A guide to what receipts, documents and forms must be saved, and for how long, to satisfy the IRS. Plus, tips for storing, ...

Learn whether money market account interest is taxable, how much you may owe, and how to report your earnings to the IRS at tax time.

"When you owe the government money, they’re not very happy. And you probably owe the government money with pulling out from ...

When you take money from your 401(k) through a withdrawal, rollover or loan default, the IRS requires specific reporting on ...

Freelancers and gig workers in New Bern face a unique tax situation compared to traditional employees. Instead of having taxes automatically withheld from each paycheck, they are responsible for track ...

Common IRS audit triggers . The IRS initiates audits for a few different reasons, and any of the following can be a trigger ...

The easiest way to find out if you owe back taxes is to log into your IRS online account and check your tax account balance.

As long as the total of your liabilities exceeds the value of your assets when your debt is canceled, you may claim the ...

Tax season can get messy when you’re juggling multiple forms like 1099s, HSAs’ 1099-SA and 5498-SA, and other information returns. Knowing what each form reports, how they connect, and when to file ...

The federal tax deadline is April 15 for most taxpayers, but you can file an IRS tax extension, which pushes the filing due date to October 15. However, you still must pay your tax balance by the ...