Here is a list of our partners and here's how we make money. There is usually no penalty for filing your tax return late if you're owed a refund. But if you're required to file by law, you should ...

First, tax refunds will only be sent for late filing penalties associated with tax returns for the 2019 and 2020 tax years that were due in 2020 and 2021, respectively. So, for example ...

If you miss this week’s tax filing deadline, you might be feeling anxious about getting hit with late-filing penalties by the ...

As a U.S. taxpayer, one of the last things that you want to hear is that the Internal Revenue Service (IRS) has disagreed ...

If you miss the Oct. 15 deadline, you'll be hit with a retroactive failure-to-file penalty. Late filers must pay taxes by the original due date of April 15 to avoid interest charges and penalties.

Nearly 400,000 self-employed people on low incomes are being penalised for filing their tax returns late when most of them don't owe any tax. Penalties can build up until people owe thousands of ...

In addition to interest charged on any tax due, you could face separate penalties for both filing and paying late. The late filing penalty is 5% of the tax due for each month (or part of a month ...

The Internal Revenue Service has decided to stop automatically levying penalties when a taxpayer files a form reporting ...

Non-US financial accounts are reported on FBAR. Penalties can be severe but it is often more difficult for IRS to enforce ...

missing the Oct. 15 deadline could mean getting hit with a failure-to-file penalty equaling 5% of your unpaid tax bill for each month or partial month you're late, up to 25% of your unpaid taxes.

Over 12 months, this accumulates significantly. If you miss the tax deadline, penalties apply. The late-filing penalty is 5% of your current tax year balance, plus 1% for each full month your ...

note that all partners can be charged a penalty if a partnership tax return is filed late. In addition to getting fined for filing your tax return after the deadline, you could also face charges for ...