Navigating the complexities of tax payments can be daunting, especially when it comes to ensuring sufficient funds in your bank account. The IRS imposes penalties on taxpayers who attempt to pay their ...

The average refund amount in 2024 was $3,138, according to the IRS. But is paying down debt the best way to spend that money?

The income tax department is intensifying scrutiny on Indian taxpayers with offshore real estate holdings, particularly in ...

Non-Arm's-Length Transaction. Most people don't know that their relationship with a seller can have a huge impact on their home financing. There is a ...

Some collections and audits are likely to be paused, and one-on-one personal service is set to be more limited.

Go to the IRS’s “Where’s My Refund?” tool at www.irs.gov/wheres-my-refund. Click the “Check your refund” button. On the ...

For example, you’d pay $1.50 to $3.50 in credit card fees for a sale of $100. How much you’re actually charged depends on factors like the card type and whether the transaction was made in ...

The Fresh Start program was designed to give taxpayers who owed substantial back taxes the opportunity to consolidate their tax bills and pay them off in a convenient and orderly fashion. If you ...

The American Rescue Plan, enacted in 2021, aimed to provide financial relief to Americans impacted by the COVID-19 pandemic.

No. Extending your filing deadline doesn't delay when you have to pay taxes that you may owe. According to the IRS, you need to estimate and pay at least 90% of your tax liability by the deadline ...

The IRS has issued 3.2 million refunds for the 2025 filing season so far. As of Jan. 31, the average refund amount was $1,928, which covers the first four days of the filing season. The agency sends ...

As of Dec. 27, the average refund for the 2024 season was $3,138, which is about 1% lower than the average payment in 2023, according to the IRS. "Filing electronically and selecting direct ...