The 2017 Tax Cuts and Jobs Act (TCJA) lowered five of the seven personal income tax brackets, including the top rate, which dropped from 39.6 percent to 37 percent. Those rate reductions were set to ...

A "set it and forget it" plan automatically transfers a set amount of money to your savings account when you make deposits ...

Unpaid tax debt can quietly drain your finances and your peace of mind. Here are the hidden costs to watch for.

First and foremost, file your tax return as soon as possible, even if you can’t afford to pay the full amount you owe. Why?

WASHINGTON—House Republicans unveiled a tax plan that raises the state-and-local tax deduction, ends some taxes on tipped income and overtime pay and extends President Trump’s expiring 2017 ...

With about an hour left to the IRS tax filing deadline, several social media users reported seeing a ‘payment plan submission error’ on Tuesday. The glitch could be caused by an outage on the ...

Penalties Start Immediately Failure-to-Pay Penalty: Beginning April 16, the IRS will charge 0.5% of your unpaid tax balance for every month (or part of a month) it remains unpaid, up to a maximum ...

Tax deadline 2025 is officially here—it's April 15. If you haven’t filed your taxes yet, this is your final window to act. Whether you're ready to file or need more time, you can still submit ...

IRS payment plans The IRS does provide both short-term and long-term payment plans, however it's important to remember there may be set up fees (for long-term payments) and accrued penalties and ...

The IRS offers a handful of payment programs for those who need more time to pay their tax bill. If you can pay your taxes within 180 days, you can apply for a short-term payment plan online.

They can assist with setting up payment plans, Offers in Compromise (which is a settlement for less than the full amount owed), or help you apply for Currently Not Collectible status if you're ...

The IRS has issued a reminder that most taxpayers can set up a payment plan through the Online Payment Agreement, available on IRS.gov, if they are unable to pay any taxes owed by April 15.