If you file your taxes late and don’t file for an extension first, you risk being hit with additional fees for the tardy ...

Like virtually everyone else, billionaires don't like giving more than the bare minimum to the taxman. The difference is that ...

Yes. If you find that you cannot pay the full amount by the filing deadline, you should file your return and pay as much as you can by the due date. An IRS payment plan allows you to pay your federal ...

Welcome to Money, Sky News' consumer and financial news hub. Today: house asking prices have reached a record high; what it's ...

Your tax bracket might be 24% but your effective rate is lower.

President Donald Trump has repeatedly floated the idea of eliminating America’s income tax, and instead generate revenue from ...

Missing a tax deadline can leave you with penalties and late fees but going to prison is rarely the first step by the IRS.

If wrongfully disclosed by IRS employees and government agencies, the taxpayer has the right to file a lawsuit. Illegally ...

If you owe back taxes, you may face serious consequences through a tax levy. Explore More: 3 Sneaky Things You Didn’t ...

Independent contractors can lower their tax bill by writing off business costs like travel and insurance but should consult a ...

After a lifetime of paying tax on your income, land, property and shares, the dreaded inheritance tax means the government ...

Discover how to generate real passive income through strategic side hustles. From investing in real estate to creating a blog ...