WASHINGTON — Taxpayers who owe taxes or have not yet filed can benefit from acting early. Taking the steps outlined below can help limit penalties and interest, prevent delays, and make it easier to resolve tax issues. This Tax Time Guide focuses on what to do now....
For many business owners, taxes feel like a once-a-year task. But for those without regular withholding, including self-employed individuals and ministers, taxes are a year-round responsibility. Estimated taxes are designed to keep payments current throughout the...
Before filing a federal tax return, taxpayers should make sure they have the necessary and correct documents. Here’s what taxpayers should do if they haven't received their Form W-2 or Form 1099 yet. Taxpayer options for missing documents Contact the employer, payer...