Navigating the complexities of tax penalties and interest can be daunting. Understanding the differences between penalties for not filing and not paying taxes is crucial.

The IRS says the biggest thing late filers can do is pay their taxes as soon as possible. If you owe money to the IRS and didn’t pay before the deadline, you will likely accumulate interest and ...

Presidents Donald Trump and Joe Biden both created car-buying incentives. Here's how to take advantage of both now.

Combined, these charges serve as a deterrent to filing late. Roughly 43 million people wait until the last three weeks to file their taxes, according to an NBC News analysis of IRS data.

A provision in the GOP budget bill allows borrowers to temporarily deduct auto loan interest from their taxes, but it comes ...

Households across the UK are being encouraged to examine whether they qualify for a little-known tax arrangement that could ...

One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on Social Security benefits.

"The IRS is specific about what is and isn't deductible. Under certain circumstances, the interest you pay on loans is one of them." In most cases, personal loan interest is not tax deductible.

The One Big Beautiful Bill Act passed the House on July 3, and is expected to be signed into law by President Donald Trump.

AARP’s Fraud Wars unmasks the devastating impact of scams targeting older Americans. Watch Now. Help Register Login Login Hi, ...

The sweeping domestic policy bill that passed the House on Thursday will boost the standard deduction for senior citizens by ...