The Internal Revenue Service is no longer issuing paper tax refunds after September, according to a news release published by the department. On Sept. 23, the agency said it will transition to fully ...

In a move to make payments more efficient and to reduce the risk of fraud, the federal government is changing both how they receive taxpayers’ payments as well as how they make payments to others.

The check's in the ether. IRS headquarters in Washington, D.C. The Internal Revenue Service says that it's aware of a delay in processing some electronic payments, and that some taxpayers are ...

The tax season in the United States is a critical period for taxpayers, typically culminating on April 15th, known as Tax Day. During this time, individuals and businesses must file their tax returns ...

Despite continuing reports of taxpayers receiving bills from the IRS for taxes they already paid on time, the agency has remained quiet about the problem and when it could be resolved. CBS News ...

Quarterly estimated tax payments apply to individuals and businesses whose income is not fully covered by withholding.

With the April 15 deadline looming, it's crucial to understand who needs to make estimated tax payments. This obligation falls on self-employed individuals, gig economy workers, retirees, investors, ...

Some taxpayers who paid their taxes by the April 15 deadlines are getting notices telling them they still owe money, all because of delays with the IRS electronic payment system. Some of the people ...

The IRS imposes penalties for various reasons, including late filing, late payment, and inaccurate tax returns. These penalties accrue monthly until the full amount is paid. Common penalties include ...

The fourth-quarter estimated tax deadline for 2024 is Jan. 15, and you could trigger "unexpected penalties and fees" by ...