If you expect to owe $1,000 or more when filing your return, you may have to pay estimated quarterly taxes. Here’s what you need to know.
With the explosion in home values over the past year, many taxpayers took advantage of the increased equity in their homes by acquiring home equity lines of credit (HELOC). These
If you run a business, you can expect to pay a variety of different taxes. The form of business you operate, however, will determine which taxes you’ll owe and how
Last month, the Biden administration fulfilled its campaign promise when it announced that it would be canceling student loan debt for millions of borrowers. It’s estimated that about 43 million
Facing a looming tax bill can be very stressful, especially if you don’t have the cash on hand to pay it in full by the deadline date. When this happens,
Tax scams put your personal information and hard-earned money at risk. Each year, thousands of taxpayers fall prey to scammers pretending to be the IRS. It’s become so commonplace that
The Internal Revenue Service announced today that it will provide penalty relief to help struggling taxpayers affected by the COVID-19 pandemic. This includes individuals and businesses who file certain 2019