What to Do If You Owe Back Taxes to the IRS
Failing to file a federal tax return can have serious consequences. Learn what to do if you owe back taxes.
unfiled tax returns
Understanding What to Do with Unfiled Tax Returns
The IRS has taken down Al Capone, Wesley Snipes, Martha Stewart and other big names in the past for tax fraud. The federal government takes taxes very seriously. Not filing your tax returns is a serious offense. Although there won’t be a nationwide manhunt for late returns, you may still see some hefty fines and… Read More
The post Understanding What to Do with Unfiled Tax Returns appeared first on Credit.com.
October 15 Tax Filing Deadline
Most years, the deadline to file your federal income tax is on or around April 15. In 2020, the federal government extended that deadline to July 15 because of potential delays and obstacles caused by the COVID-19 pandemic. If you miss this deadline, you can request to file on the October 15 tax filing deadline… Read More
The post October 15 Tax Filing Deadline appeared first on Credit.com.