If you missed filing your tax returns for previous years, you can still submit them in 2025. The IRS allows taxpayers to file ...
The standard penalty is 5% of the tax due for every month the return is late, up to 25% of the unpaid balance. A smaller penalty of 0.5% is added if you file a return but fail to pay any taxes you ...
If you carry a balance on any credit card charging interest, prioritize paying it down with your tax refund to free yourself from that high-interest debt. A balance transfer credit card can be ...
IRS Notice CP14 is used by the agency to notify taxpayers who have a balance due from their tax return. (The notices are legally required to be sent.) However, in this case, the Notice CP14 that ...
Here's a look at key dates in the tax filing season, including deadlines to file, when to request extensions and how long ...
It can get even more confusing when you see the terms "tax return" and "tax refund" used interchangeably — really, there's a significant difference. "Tax return" and "tax refund" do sound ...
Monday is the first day of tax season and SCDOR has some tips to avoid common mistakes when filing your 2024 Individual ...
​​​​​When it’s time to file, don’t let errors on your tax return delay your refund or increase your tax bill. Here are 5 of the most common mistakes the SCDOR sees this time of year: ...