April 15 is close. For many taxpayers, the moment of truth comes when they finish the return and see the balance due. The number can be larger than expected, and some people reach that line and ...

The tax deadline is days away and the IRS is urging taxpayers to file returns on time and "pay as much as they can." However, if you can't cover your total tax balance, there are options for the ...

GREENSBORO, N.C. — If you recently filed your taxes and discovered you owe Uncle Sam maybe even a few thousand dollars, take a breath because you have options. You have a few weeks to develop a plan ...

Self-employed or freelance and owe taxes? Learn which IRS tax relief options may help, including payment plans, penalty relief and Offer in Compromise.

If you underpaid your 2024 taxes, you may be in for an unwelcome surprise, including a 0.5% monthly failure-to-pay penalty and 7% interest on the unpaid amount, based on current IRS rates. Plus, the ...

Most people file their taxes hoping to get a refund. But that is not always how it pans out. In some cases, you may end up owing the IRS money instead of getting some back in your pocket. Once you ...