With the April 18 tax deadline sitting on the horizon, one expert and CPA shared important tips for getting the most money from your individual or small business tax returns this season. "If you have ...

Sometimes a limited liability company, or LLC, has a year with no business activity. For example, a newly formed LLC might ...

The 2024 tax filing season hasn’t officially started yet, but you can get an early start with your tax returns. The agency said taxpayers who have adjusted gross income (AGI) of $84,000 or less in ...

Businesses that need extra time to file their tax returns can request an automatic extension using IRS Form 7004, Application for Automatic Extension of Time to File Certain Business Income Tax, ...

Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...

Americans who are looking for the speediest possible refund for the 2024 tax year can get started today with the official opening of tax season. Today (Monday, January 27, 2025) is the first day that ...

If you're unable to file your 2024 federal income tax return by the standard deadline of April 15, 2025, you risk facing penalties and interest on any unpaid taxes. The traditional penalty for an ...

You might think self-assessment tax returns are only for the self-employed, landlords and high-net-worth individuals, but more people than ever have had to complete one in recent years. Fiscal drag is ...

The federal tax filing deadline is April 15, 2025, but Florida taxpayers affected by Hurricanes Milton, Helene and Debby have until May 1, 2025. Taxpayers can request a six-month extension to file ...