Partnerships are not subject to income tax at the entity level. Instead, they operate as pass-through entities, meaning the ...

The IRS will begin processing 2024 tax returns on Jan. 27. The last day you can file your 2024 taxes without requesting an extension is Tuesday, April 15, 2025. Gig workers who earned more than $5,000 ...

WASHINGTON -- Millions of Americans will be able to start preparing to file their taxes Friday when the IRS Free File Guided Tax Software goes live. The program offers free tax filing services through ...

Tax season is officially underway, as the Internal Revenue Service started processing returns Monday. The agency expects more than 140 million individual tax returns for tax year 2024 to be filed ...

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 ...