If you haven’t filed your taxes yet, don’t panic. But do consider these steps to avoid penalties and interest.

The N.C. Department of Revenue (NCDOR) will not assess (or will remove) specific late action penalties on selected state tax ...

Search warrant applications show that federal investigators knew for years about the millions of dollars flowing to Joe Biden's son from Ukraine, China, Romania, and elsewhere around the globe.

In response to the Internal Revenue Service postponing various federal tax filing and payment deadlines until Sept. 25, 2025, the N.C. Department of Revenue (NCDOR) will not assess ...

Those in default on their federal student loan debt could have their wages. tax refunds and federal pensions garnished, the ...

The Internal Revenue Service (IRS) is reminding taxpayers who missed the April 15 filing deadline to submit their tax returns ...

If you didn't submit your tax returns by the April 15 deadline, this is what the IRS recommends you do next to ensure a ...

Missing a tax filing deadline can lead to a failure to file penalty, which is usually five percent of the unpaid taxes for ...

Missed the April 15 tax deadline and owe taxes? The IRS recommends filing as soon as possible to "minimize interest and penalties." ...

Filing on time avoids the failure-to-file penalty, which is typically higher than the failure-to-pay penalty. The IRS imposes a late filing penalty of 5% of the unpaid taxes for each month the ...

If you report your income late, you will have to pay penalties, an increase in your taxes and possibly late interest. Interest on late payment is also charged. They amount to 0.20% the tax due per ...

"Those who owe taxes but don't pay by the deadline should expect the IRS to charge late payment fees of 0.5% of the amount of tax that is owed," says Gene Bott, vice president and senior tax ...