filing taxes

What should you do if you owe the IRS a big bill on Tax Day, but don't have the ability to pay it right now? Don't despair -- and don't just try not sending in your return! Here are a few smarter options.

For whatever reason, celebrities often end up crossing paths with the IRS, and surprisingly, most of the problems they have with the tax man are traps anyone could fall into. Here are some common mistakes of the stars, and what you can do to avoid them.

Having your taxes done is never fun, so it's no surprise that many people postpone filing their returns. But there's a price to pay for putting off your date with the IRS: Procrastinators tend to spend more on the process.

Procrastinating on our taxes until the last minute is as American as apple pie. But before you resign yourself to running out to the post office at 11:59 p.m. on April 17, you should be aware of the benefits of getting your taxes done early.

Thanks to confusing and often misunderstood rules surrounding child-care tax breaks, the author has overpaid Uncle Sam to the tune of $1,000, missing out on $200 in tax savings each year for the past half-decade. Read on to avoid her mistake -- unless you enjoy filing mounds of amended returns.

It can be pretty scary to realize that you're going to owe federal income taxes. Even though statistically, half of all taxpayers didn't owe anything in federal income taxes last year, tens of millions of taxpayers did owe the government. If you're one of those taxpayers who owes in 2010 -- but...

Even though the IRS officially declared tax season open, millions of taxpayers weren't sure when they would be able to file their returns because of the last minute tax deal. Now the IRS has declared Feb. 14 -- Valentine's Day -- as the start date for processing tax returns. Beginning then, the...

TurboTax is pioneering a brand new way to quickly and easily file your personal income tax returns. Launching today, SnapTax is a new smartphone app for iPhone and Android devices that will allow users to complete and file a Form 1040EZ and state income tax return while on the go and without using...

Don't say they didn't warn you. The IRS just issued its annual "Dirty Dozen" Tax Scams report, a list of frequently-used frauds that cheat honest taxpayers out of hundreds or even thousands of dollars each year. While there may be a long history of tax cheats, there's also a solid record of con...

All those who filed extensions for their 2007 tax returns, both business and personal, are probably starting to panic about now. They filed the extensions, and now they're trying to remember when the tax returns are actually due. It was much easier to put off filing even longer once the extension...