An extension to file is not an extension to pay taxes
Taxpayers who can’t file by April 18, 2023 deadline can request an extension before that deadline, but they should know that an extension to file is not an extension to pay taxes.
Taxes
Video Tips: Reporting and Filing Taxes for Foreign Income
U.S. citizens and resident aliens living abroad should know their tax obligations. Watch this video for an overview.
Owe Taxes and Can’t Pay by the Due Date?
The vast majority of Americans get a tax refund from the IRS each spring, but what if you are one of those who end ends up owing?
Video Tips: Here’s Why You Should Have Your Tax Refund Direct Deposited
The IRS encourages taxpayers to file when they are ready and choose direct deposit to receive any refund they may be owed.
Taxpayers Can Expect a Smaller Refund This Tax Season
Because most of the COVID pandemic-related tax benefits have come to an end, your tax refunds may be smaller this year and substantially smaller for many.
How Employee Stock Options Are Taxed
Many companies, as an incentive to employees to help grow the companies market value, will offer stock options to key employees.
What Do I Do if I Haven’t Filed my Tax Returns in Many Years?
The first thing you should do to get back on track with your taxes involves checking on the current status of your account with the IRS. Learn more.
If Your Business is a Delaware Corporation, There Are Important Upcoming Tax Deadlines to Be Aware Of
Delaware tax filing deadline. There are important deadlines to be aware of – with March 1, 2023, being chief among them. Learn more.
Many Taxpayers Will See Smaller Refunds This Year
Because the COVID-19 pandemic-related tax benefits have come to an end, your tax refunds may be smaller this year and substantially smaller for many.
Be On the Outlook for Tax Reporting Forms
With tax season upon us, documents reporting income, sales and other items needed for your 2022 tax return should have arrived or will be arriving soon. Be on the lookout for them and be careful not to accidently discard any.