The U.S. Treasury is moving towards eliminating paper checks for federal payments, including tax refunds and Social Security ...

While the regular tax filing deadline is April 15, those living and working outside the U.S. receive a two-month extension and can file by June 16.

Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly every aspect of the financial world, from investing in forex to paying ...

Taxpayers can still receive a stimulus check up to $1,400 depending on how they filed their 2021 tax returns. The Internal Revenue Service announced in December that it would be distributing ...

Help your child learn the process and build good habits Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as ...

Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer. David is ...

A federal tax liability is an amount that’s owed to the government in taxes. It can include income taxes on earnings and capital gains taxes on assets. Both are based on brackets, a percentage ...

What Is Form 5329: Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts? Form 5329 is an attachment to the federal income tax return that must be filed by taxpayers ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary ...

Want to know where your refund is? Well, you have to file your taxes first. Tax season is underway, but so far the IRS has seen a lower number of early returns being filed, with less than 40 days ...

Correction: This article was updated to remove a reference to House Ways and Means Committee Chairman Jason Smith’s (R-Mo.) views on IRS collections and the debt ceiling. The IRS is preparing to ...